Richard Petty Motorsports has closed its No. 43 Xfinity Series team over issues with the primary sponsor, the team announced Wednesday.
Jeb Burton had been driving the No. 43 Xfinity car and the team signed J. Streicher, a Wall Street investment firm, as a sponsor prior to the season.
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The team announced Wednesday it was suspending operations of the team due to “financial issues” and “missed payments” from J. Streicher. This is the company’s first sponsorship in NASCAR.