What happened: In a Tuesday morning Facebook post, Smithfield said it will leave Richard Petty Motorsports and join Stewart-Haas Racing next season. On Sunday, Lee Spencer of Motorsport.com reported Smithfield backed out of a handshake deal to return to RPM’s No. 43 car next season after the team proposed it hire Bubba Wallace to replace Aric Almirola. Richard Petty later confirmed the sponsor broke its handshake agreement. A desire for increased competitiveness resulted in Smithfield moving to SHR, which said in a statement the move will come with a “driver who will be added to SHR’s Monster Energy NASCAR Cup Series lineup.” EDIT: In a statement later Tuesday afternoon, RPM said Almirola will not return to the team.
What it means: While it’s nice SHR found a high-paying sponsor for one of its cars to go along with a new driver, the immediate focus will be on RPM’s future. This is a devastating loss for the No. 43, as the team thought Smithfield was set to return next season. It’s mid-September and RPM doesn’t have a sponsor for most of its 2018 races — and likely hasn’t been looking for one if it believed Smithfield would be back. This could put RPM in serious jeopardy as an organization, since it now must scramble to find funding in order to compete next season. As for SHR, it’s unclear which driver could end up with the team — but we now know the lineup will indeed change for next season. Danica Patrick has said her return to the No. 10 car is based on sponsorship, while SHR previously said it intends to retain free agent Kurt Busch in 2018.
News value (scale of 1-10): Seven. Spencer’s reporting took the surprise out of this news, but it’s still very significant in terms of RPM’s future. If Smithfield’s move results in the No. 43 car not being on the track in some form next season, it’s a pretty major story for NASCAR. In addition, the SHR piece of this will play into Silly Season news with an unspecified driver movement.
Three questions: Will Almirola be able to go with Smithfield to SHR, or does this mean a free agent like Matt Kenseth will get that seat? Can RPM find enough sponsorship to run a full schedule in 2018? Will there be Subway-like backlash toward Smithfield, or will fans view this as a business decision and be OK with it?