LOUDON, N.H. (AP) - Red Bull Racing expects to layoff 152 employees when it shutters operations in December.
Red Bull Racing filed a notice this week as part of North Carolina's Worker Adjustment and Retraining Notification Act that the layoffs were expected by Dec. 17, 2011. Red Bull is a two-car team that entered NASCAR in 2007. The Austrian-based energy drink company both owns and sponsors the team, which presently fields cars for Kasey Kahne and Brian Vickers.
Kahne is moving to Hendrick Motorsports next season, and Vickers is in the final year of his contract.
Red Bull says the closure is permanent.
Red Bull also owns a pair of two-car Formula One teams.

Recent NASCAR Discussions

NASCAR Odds

Driver Odds
Odds to Win the Drivin for Linemen 200 @ Gateway Motorsports Park
Field +175
William Byron +350
Matt Crafton +525
Johnny Sauter +750
Ben Rhodes +800

Nascar Top Stories

Thumbnail Drivin' for Linemen 200 Picks The NASCAR Camping World Truck Seriescompetes tonight under the lights for the Drivin’ for Linemen 200. Here are some drivers we like to contend for the win.
Thumbnail Drivin' for Linemen 200 Odds The NASCAR Camping World Truck Seriesdrives under the lights this week for the Drivin’ for Linemen 200. Here’s a look at the odds to win this race.
Thumbnail Toyota/Save Mart 350 Odds The NASCAR Sprint Cup Series goes to its first road course of the season this week when drivers compete in the Toyota/Save Mart 350.
Thumbnail American Ethanol E15 250 Picks The NASCAR Xfinity Series competes in Iowa later today for the American Ethanol E15 250. Here are some...
Thumbnail Speediatrics 200 Picks The NASCAR Camping World Truck Series drives under the lights tonight for the Speediatrics 200. Here are some drivers we like to contend for the...
More inNASCAR Articles