| (July 28, 1999) --
Bahari Racing owner Chuck Rider announced today that he has sold the
team to Eel River Racing, LLC, a newly formed team owned by Boston
businessman Jack Birmingham.
Birmingham said 1990 Daytona 500
champion Derrike Cope will remain as the driver of the team for the
remainder of the season, but the team and Cope are free to contract with
others for the 2000 season. Jimmy Dean, Bryan Foods, State Fair Brand Corn
Dogs and Rudys Farm will continue to serve as rotating sponsors on the
No. 30 Pontiac Grand Prixs.
Rider has agreed to be an officer
of the newly formed team, which will be known as Bahari-Eel River
Racing.
Ive been looking to retain
a business interest in the sport for some time now, Birmingham said.
This seemed like it would be a challenge, but a lot of fun, too. I
think purchasing Bahari Racing gives us an opportunity to turn the
fortunes of the team around and eventually go on to be a winning Winston
Cup team. Our immediate goal is to consistently make races so Jimmy Dean,
Bryan, State Fair and Rudys Farm can see a solid return on their
investment.
Birmingham, 57, is a native of
Boston, and has homes in Osterville, Mass., and Vero Beach, Fla. Eel River
flows through Osterville where Birmingham resides during the summer
months. Birmingham and his wife Karen have been married since 1965. The
couple has three children.
Birmingham served with the U.S.
Army Intelligence Corps before graduating from the Boston College law
school in 1970. Upon graduation, he joined the prestigious Boston law firm
of Mintz, Levin, Cohn & Glovsky. He became a partner of the firm in
1976. He purchased Robert Williams, Inc., a plastic film distributor, in
1983. Birmingham acquired Steinway Musical Properties, a holding company
for Steinway and Sons pianos, in 1985. He sold the business in 1995.
Rider formed Bahari Racing in
1987. His teams have earned 16 top-five and 69 top-10 finishes over that
span, accumulating more than $7.5 million in earnings.
I guess the biggest thing for
me is that its a day of mixed emotions, Rider said. Im very
happy that I was able to go forward with representing the Sara Lee Meat
Group with the help of Jack Birmingham and his new group. The experience Ive
had with our group of employees and especially the NASCAR people has been
outstanding over the years. I hope to maintain a relationship with those
people for many years in the future.
Cope is a two-time winner on the
Winston Cup circuit. He captured his first career pole when he won the top
starting spot in Riders Pontiac for last Octobers UAW-GM Quality 500
at Lowes Motor Speedway.
Derrike Cope is going to
continue as our driver this year, Birmingham said. We greatly
respect his driving ability. He has proven he can win and we know hes a
good driver. Were sticking with him this year and were putting
everything we have behind him.
Cope said his goal is to have a
competitive rebirth during the remainder of the season.
You have to kind of look at it
as a fresh start, Cope said. Obviously, there is going to be an
influx of change in various departments. Im going to wait and see who
comes and what changes are made. Im going to go into it with a positive
attitude and look to change things around the remaining portion of the
year. Its exciting.
Bob Tomlinson, who served as Cale
Yarborough Motorsports team manager when Cope was the driver from
1993-94, will serve in the same capacity at Bahari-Eel River Racing. Devin
Birmingham, a marketing expert employed at Kellogg Co., will be part of
the management team.
JACK BIRMINGHAM, owner
(No. 30 Bahari'-Eel River Racing Pontiac Grand Prix): "I've been a
fan of racing for several years. I've been looking to retain a business
interest in the sport for some time now. This seemed like it would be a
challenge, but a lot of fun, too. I think purchasing Bahari' Racing gives
us an opportunity to turn the fortunes of the team around and eventually
go on to be a winning Winston Cup team. "Derrike Cope is going to
continue as our driver for the rest of the year. We greatly respect his
driving ability. He's proven he can win and we know he's a good driver.
We're sticking with him this year and we're putting everything we have
behind him. "Our immediate goal is to consistently make races so
Jimmy Dean, Bryan, State Fair and Rudy's Farm can see a solid return on
their investment. We'll begin with a goal of making all the races. Then
we'll concentrate on running well in the races and trying to put the car
up front. We've been talking to all our sponsors and I think they expect
good things from us."
CHUCK RIDER, officer (No.
30 Bahari'-Eel River Racing Pontiac Grand Prix): "I guess the biggest
thing for me is that it's a day of mixed emotions. I'm very happy that I
was able to go forward with representing the Sara Lee Meat Group with the
help of Jack Birmingham and his new group. The experience I've had with
our group of employees and especially the NASCAR people has been
oustanding over the years. I hope to maintain a relationship with those
people for many years in the future. I expect to be in a consulting role
with the team in the future. It will definitely be nice to be able to
spend a couple of down months in Hilton Head, (S.C.) and enjoy my wife
Carolyn's company and all the fun things that are out there in the world
today."
DERRIKE COPE (No. 30
Bahari'-Eel River Racing Pontiac Grand Prix): "You have to kind of
look at it as a fresh start. Obviously, there is going to be an influx of
change in various departments. I'm going to wait and see who comes and
what changes are made. I'm going to go into it with a positive attitude
and look to change things around the remaining portion of the year. It's
exciting. I'm just hoping the new management can identify what needs to be
changed and what it's going to take to be more progressive and stay up to
the competition.
"I definitely welcome the
change. When you have this poor of a showing from the start, change is
imminent. I think you can look at every aspect of the program and look for
change. That's why I'm looking forward to it. It gives me an opportunity
to stand back and see where the team is going. Also, this gives Derrike
Cope the opportunity to look and see where he wants to go because of some
changes there in regard to my contract. I think it's a positive all the
way around and gives everybody the chance to showcase their potential,
hopefully, to get the team on track and show signs of progression. Then
we'll see if it will all come together some time in September.
"It's been a difficult task
for me this year. It's difficult to keep your confidence up. Each week by
Wednesday your confidence is up again. You're ready to go and you think
you can go to a race track that you've had a lot of success at and run
well and then you go there and it's the same thing as the week before, so
you have difficulties with your confidence. Obviously, mine isn't the
greatest right now. I still know I can get the job done. I've seen at
certain test sessions and at certain times when we make changes to the car
and it does what I need it to do, the speed is there. I don't think it's a
case where I can't find the speed. I just don't think we have the right
combination right now. I don't mean that in a negative way in regard to
the guys at the shop. It's just the fact, you see it in so many teams,
when you don't have the gelling effect and you're off on the mark from the
beginning of the year, you're not prepared, you get left behind. It's
difficult to get caught up. Then when you have the kind of problems we've
had and encountered, it's even more difficult because you're not racing
each week. That's really been quite detrimental to every aspect of the
Bahari' Racing team. I think it's a matter of trying to clean the slate.
We're still going to fight being behind. You can't just come in with new
people and say, 'Well, we're right up there with the top echelon now.'
Winston Cup racing is just too competitive for so quick a turnaround. But
I still feel like we can have a new, fresh look at things and a new
perspective on things. Some times you get caught up in doing the same
thing week after week. You're too close to the situation and not
objective. I think that's what has happened. I'm looking for the new
management to come in and have a new perspective on things, a direction on
where we need to go. We'll start taking each variable of the equation and
try to rectify those problems and see if we can turn it around in a short
period of time and see where we're at some time in September.
"A realistic goal each week
is making the show. First of all, for the rest of the year, this team
can't rely on a provisional. We're going to have to make the show on our
own merit and you're going to have to be in the top 36 to do that. In this
day and age that is quite difficult. You're talking about laps in
qualifying with no mistakes. You're talking about showing up at the race
track with a fairly proficient setup and being able to try and enhance it
from there. It's going to be a difficult task, but that's what has to
happen each week. We're going to have to show up each week and be able to
get in each race. If we can get those qualifying efforts going, much as we
did last year when we struggled for a while and then made some changes and
were able to start qualifying each week, if we can do that, then I believe
we'll come along a lot faster. We've got to be able to be in the next four
or five races in a row to start to see that trend. It's going to take some
great qualifying laps on my part and a good, cohesive group that works
together in order to turn it around. Even if we do have one mess up or
whatever, I think we're going to have to take it in stride and know that
we're not going to be able to fix this thing overnight. It's not going to
just instantly turn around. It's going to take time. We're down quite a
ways right now and it's going to take a while to get back." RealVideo
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