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Friday, March 1, 2024

DJR reveals plan to promote stake in Supercars workforce

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Following months of hypothesis concerning a change within the DJR possession construction, talks of a possible buy-in ramped up through the Townsville 500 weekend.

Story, who co-owns the workforce with racing legend Dick Johnson, has now moved to make clear the present possession state of affairs.

He says there isn’t any agency settlement in place as of but, nevertheless Story admits a a partnership with a brand new proprietor is on the playing cards sooner or later.

Based on Story the goal is a “strategic companion”, much like the Roger Penske period, somewhat than an outright investor.

“We’re keen and open to bringing in a strategic companion,” Story informed Autosport.

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“Somebody who provides worth to the enterprise. We’re not searching for an investor, we’ve got no want for that. The enterprise could be very wholesome, the workforce could be very wholesome.

“We have great employees. We have an ideal workforce and we have nice companions. But when the chance arose to herald somebody who added worth on a strategic entrance…

“We’re not searching for funding, we’re searching for somebody who can enhance the enterprise and add worth by the use of technique, by the use of expertise, by the use of information. Which may be sporting, that could be enterprise. I’d recommend if one thing have been to occur, it could be a mix of each.”

Will Davison, Dick Johnson Racing

Picture by: Dick Johnson Racing

Story added that plans for a brand new companion is a part of future-proofing the workforce.

“Since Dick and I took full possession of the workforce in 2020 it is definitely one thing we have had an open thoughts about,” he mentioned.

“He is 77 years {old}, I have never been to an occasion this 12 months on account of well being.

“It is the precise method. If anybody is available in they must carry greater than funds. What we’re searching for is a long-term, strategic companion, not completely different to what we had with Roger for all these years.

“That is the place we’re in the mean time. Nothing is in place as but. 

“However the actuality is we’re open to the potential of bringing in a companion who can add worth to the enterprise. We have seen groups go down the investor path up to now and it hasn’t essentially labored out.

“That is not what we’re searching for.”

DJR presently leads the groups’ standings over Triple Eight, whereas drivers Anton De Pasquale and Will Davison are second and third within the drivers’ standings respectively.



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