It was big news when the public learned 5-Hour Energy was pulling its sponsorship from Furniture Row Racing and the No. 78 car of defending Cup Series champion Martin Truex Jr.
Even more of a stir was caused when rumors surfaced saying FRR may even have to shut down after losing the $10 million sponsor. Fortunately for fans of the No. 78 car, this rumors appear to be false.
“Furniture Row Racing continues to develop sponsorship opportunities for 2019 and beyond,” FRR owner Barney Visser said in a statement. “We have aligned ourselves with great partners over the years and are very proud of the success our organization has achieved, especially the 2017 NASCAR Cup Series championship with Martin Truex Jr.
“Furniture Row Racing not fielding a team in 2019 is not an option and we have every intention of continuing to build on our success for years to come.”
In a new statement sent this morning, @FRRacingTeam denies garage rumblings that, after the $10M loss of @5HourEnergy, the options it’s considering for 2019 include the possibility of shutting down ➖
?️: “Furniture Row Racing not fielding a team in 2019 is not an option.” pic.twitter.com/QDoQ9J5q4F
— Adam Stern (@A_S12) August 8, 2018
Truex is currently third in the Monster Energy Cup Standings in points and has earned four wins so far this season.
He won the 2017 Cup behind eight wins and 19 top-5 finishes.