Latest news with #Larson
NBC Sports
13 hours ago
- Automotive
- NBC Sports
Kyle Larson states 'I don't have any desire' to do Indy 500/Coke 600 Double again
HAMPTON, Ga. — A month after becoming just the fifth driver to compete in the Indianapolis 500 and Coca-Cola 600 on the same day, Kyle Larson says his mind hasn't changed about doing the Double again. 'I feel like I've made it known that I wouldn't do the Double again,' Larson said Friday at EchoPark Speedway. 'I get asked about it all the time. It's just logistically too tough.' This year's Indianapolis 500 was scheduled to start at 12:45 p.m. ET but was delayed about 45 minutes by rain. Larson crashed in the race or he might have been pulled late in the event to make it to Charlotte Motor Speedway to start the 600, which began at 6:30 p.m. ET He led 34 laps at Charlotte before crashing. Dustin Long, After exiting the infield care center, Larson said the 'window of time' between both races 'is too tight … So I don't really think it's worth it.' This year was the last year of a two-year deal between Hendrick Motorsports and Arrow McLaren. Larson admitted Friday that 'I will have FOMO from running the Indy 500. Hopefully, someday I can run that again, but I don't have any desire to do the Double again. It didn't go well the last two years.' Last year, Larson stayed in Indianapolis to compete in the 500 after a four-hour rain delay despite Hendrick Motorsports officials saying that the Coca-Cola 600 was their priority. He completed the Indy 500 and arrived well after the Coke 600 started. Larson was in his pit box ready to get into his car when rain ended that race early. NASCAR announced before this season that if a driver misses a race for anything other than injury or age restriction, the only way they can get a playoff waiver is to lose all their playoff points accumulated to that point and any playoff points they earn before the end of the regular season.
NBC Sports
3 days ago
- Automotive
- NBC Sports
Good news, bad news for NASCAR Cup drivers ahead of Atlanta weekend
Nine races remain before the playoffs begin, as the NASCAR Cup Series goes to EchoPark Speedway in Hampton, Georgia, this weekend. Saturday night's race has the chance to disrupt the playoff standings. Four times in the seven races since the track was reconfigured, there have been at least 26 cars involved in a crash in a race. Twenty-eight cars were involved in accidents in February's event. Here is a look at the good news and bad news for Cup drivers heading into the weekend. 23XI Racing — Good news: Tyler Reddick makes his 200th career Cup start this weekend. Bad news: Bubba Wallace has finished 33rd or worse in four of the last seven races, dropping him to 29 points above the playoff cutline. … Wallace's six DNFs leads the series. … Since starting the season with three consecutive 17th-place finishes (Daytona 500, Atlanta and COTA), Riley Herbst has only one finish better than 17th in the last 14 races. … Tyler Reddick has three top-five finishes this season. He's on pace for his fewest number of top-five finishes in a season since 2021 (also the last time he went winless in a season). Front Row Motorsports — Good news: The organization has won the pole for six of the last eight races at drafting tracks. … Noah Gragson's best finish of the season came at a drafting track when he placed fourth at Talladega. … Gragson has gone a series-best 60 consecutive races without a pit road speeding penalty. … Todd Gilliland ranked third in passing in the Atlanta race in February. … He has started in the top 10 in each of the last four Atlanta Cup races. … Zane Smith has five top-20 finishes in the last eight races. … Smith finished 11th in February, his best Cup finish there. Bad news: Gilliland has finished 22nd or worse in each of the last four races. … Gilliland has never scored a top-five finish in 21 Cup races on drafting tracks. Haas Factory Team — Good news: All four of Cole Custer's top-20 finishes have come in the past eight races. … Custer started a season-best fifth last weekend at Pocono. Bad News: Custer has made 134 Cup starts since his win at Kentucky in July 2020. Hendrick Motorsports — Good news: Chase Elliott heads into this weekend with back-to-back top-five finishes, the first time he's done that this season. … Elliott has the best average finish this season at 10.8. … Kyle Larson has won 13 of his last 82 Cup starts for a 15.9 percent winning percentage. … William Byron has two wins on the reconfigured Atlanta track. … Byron's four drafting track wins (two Daytona 500s and two at Atlanta) are the most in the Next Gen car. … Alex Bowman has six top-10 finishes in the last 11 races on drafting tracks. Bad news: Bowman dropped one spot in the playoff standings and now holds the final playoff spot with nine races left in the regular season. … Larson has failed to finish five of the last seven races at Atlanta due to accidents. … Larson has not won in 50 starts at drafting tracks. … Larson's five-race winless streak matches his longest of the season. Dustin Long, Hyak Motorsports — Good news: All four of Ricky Stenhouse Jr.'s Cup wins have come on drafting tracks. … He finished fifth at Atlanta in February. … Stenhouse ranked second in passing in the February Atlanta race. Bad news: Stenhouse has placed 27th or worse in three of the last four races this season. Joe Gibbs Racing — Good news: Christopher Bell won the most recent Atlanta race in February. … Bell has three top-five finishes in his last five Atlanta starts. … Chase Briscoe is coming off his first Cup win with JGR, taking the checkered flag at Pocono. … Briscoe has four finishes of seventh or better in the last six races. … Denny Hamlin has won nine of his last 77 Cup starts for an 11.7 percent winning percentage. … With eight top-five finishes in his first 16 races, Hamlin is on pace to have his most top-five finishes in a season since 2021. … Ty Gibbs led a race-high 32 laps at Talladega in the most recent race on a drafting track. Bad news: Hamlin's average finish in the last seven races at Atlanta is 18th. … Hamlin is winless in 21 starts on drafting tracks in the Next Gen era (since 2022). … Briscoe has one top-10 finish in the last eight races at drafting tracks. Kaulig Racing — Good news: AJ Allmendinger has an 11.0 average finish at the reconfigured Atlanta track, a total that is tied for third among drivers who have made at least three starts at that track. Bad news: Ty Dillon has not finished better than 19th in five Cup starts at the reconfigured Atlanta track. … Allmendinger has finished 20th or worse in five of the last eight races. … Allmendinger is winless in 48 career Cup starts on drafting tracks. Legacy Motor Club — Good news: John Hunter Nemechek has finished sixth in each of the last two Cup races. … Nemechek has four top 10s in the last seven races. … Nemechek's six top 10s this season are a career high in Cup. …He finished 10th at Atlanta in February. … Nemechek ranked fourth in passing in that Atlanta race. … Erik Jones has five top-15 finishes in the last seven races. Bad news: Jones has two top-10 finishes in his last 12 starts on drafting tracks. Richard Childress Racing — Good news: Kyle Busch has finished in the top 10 in all five races at Atlanta with Richard Childress Racing, his most at a track since moving to the team. … Busch ranks second in the series in passing at drafting tracks this season. … Busch has eight top-10 finishes in his last 14 Cup starts at drafting tracks. Bad news: Austin Dillon has finished 19th or worse in six consecutive races. … Dillon has only two top-10 finishes in his last 16 starts at drafting tracks. … Busch has one top-10 result in the last nine races this season. … Busch has lost 63 points to the playoff cutline in the past two races. Rick Ware Racing — Good news: Corey LaJoie is back with the team this weekend in the No. 01 car. … LaJoie has two top-five finishes in the last seven Atlanta races. … Nine of LaJoie's 11 career top-10 finishes in Cup have come on drafting tracks. … Both of Cody Ware's two top-10 Cup finishes have come at drafting tracks. Bad news: Ware has finished 30th or worse in six of the last nine races. RFK Racing — Good news: Chris Buescher has finished in the top 10 in each of the last three races. … Buescher has nine top-10 finishes this season, his most through 17 races in a Cup season. … Brad Keselowski has three top-10 finishes in the last five races. … Ryan Preece has five top 15s in the last six races, including four top 10s. Bad news: A penalty for pitting when pit road was closed (a team miscommunication) and then a caution coming out before he had pitted prevented Keselowski from having a chance to win last week at Pocono and claim a playoff spot. … Keselowski, who has seven drafting track wins, last won on such a track in 2021. … Preece finished second at Talladega in the most recent race on a drafting track but was disqualified when his car failed post-race inspection. Spire Motorsports — Good news: Carson Hocevar finished second in the most recent Atlanta race in February. … He ranked first in passing in that race, via Racing Insights. … Hocevar has finished in the top 10 in the last two races on drafting tracks, placing second at Atlanta and sixth at Talladega. Bad news: It has been 158 starts since Justin Haley's lone Cup win at Daytona in July 2019. … Michael McDowell has placed 21st or worse in seven of the last 10 races. Team Penske — Good news: The organization led 131 of 266 laps at Atlanta in February. … The team has won seven of the 14 stages since the Atlanta track was redone. … Ryan Blaney has six consecutive top 10s at Atlanta, his longest streak at any track. … He has led in all seven Atlanta races on the reconfigured track. … Blaney has four wins on drafting tracks. … Blaney has six top-five finishes in the last 10 races this season. … Since the track's reconfiguration, Austin Cindric has led 193 laps at Atlanta (second most among all drivers). … Joey Logano has two wins on the reconfigured Atlanta track. Bad news: Logano's Atlanta win during last year's playoffs is his only top-10 finish in the last 10 races on a drafting track. Trackhouse Racing — Good news: Daniel Suarez has placed in the top two, including a win, in three of the last four Atlanta races. … Suarez is tied with Ryan Blaney for the most top-five finishes at the reconfigured Atlanta track with four. … Ross Chastain has four top 10s in his last seven Atlanta starts. … Connor Zilisch will make his third career Cup start this weekend, driving the No. 87 car. Bad news: Shane van Gisbergen's 31st-place finish last week at Pocono was his lowest since Bristol in April. Wood Brothers Racing — Good news: Josh Berry led a career-high 56 laps at Atlanta in February. … Berry ranked second in defense in the Atlanta race, according to Racing Insights. … Berry started third at Atlanta and won the opening stage in February. Bad news: Berry has one top-10 finish in the 12 races since his Las Vegas win.
NBC Sports
7 days ago
- Automotive
- NBC Sports
Cliff Daniels on what went into Kyle Larson scoring fastest lap bonus in Mexico while laps down
LONG POND, Pa. — Crew chief Cliff Daniels admits he was ready to park Kyle Larson's car when there were not enough laps left for Larson to gain any more positions last weekend at Mexico. It was Larson who led the charge to remain in the race. That led to Larson, who finished 36th, scoring the bonus point for the fastest lap. One point can make a difference — Larson lost the regular season championship last year by a point. But that wasn't necessarily the impetus for Larson staying in the race. Larson spent a good part of last week's race in the garage after his car was damaged when Kyle Busch slid and collected several other's early in the event. Daniels said Larson's car suffered suspension damage. That could be replaced under NASCAR's Damaged Vehicle Policy. The team also had what Daniels called a 'severely bent' right front shock. That could not be replaced. When Larson returned more than 20 laps behind the leaders, Daniels said he kept an eye on when they would reach a point where they would not be able to make up any more positions. 'So we waited until three laps after that point, just because, to be honest, I still have a little PTSD from Darlington where ultimately we did affect the outcome of the race completely inadvertently,' Daniels told NBC Sports on Saturday at Pocono Raceway. Larson's car was damaged in a crash on Lap 4 at Darlington earlier this season. His crew spent about two hours in the garage making repairs and he gained one position. Running more than 150 laps behind the leaders, Larson slowed to keep away from Tyler Reddick and Ryan Blaney as they raced for the lead. But Bubba Wallace got into the back of Larson's car and spun him, causing a caution that changed the outcome of the race, allowing Denny Hamlin to win. Dustin Long, With Darlington in mind, Daniels said he called Larson into the garage last weekend at Mexico when there were no more positions for them to gain. Daniels said that Larson told him: 'Hey man, are we done? I don't really want to DNF. I just want to be able to keep running.' 'I'm like, alright, if we're going to be out there, how can we make it worth our time?' Daniels said. 'I knew that Kyle was going to want (a) clean track and try to go fast. 'So, ultimately, we started throwing adjustments at the car, tires and just doing a lot of things. It was a great team exercise of just the pit stop reps for backward pit stops. There was value in that. We changed air pressures a lot. There was value in that. We made adjustments on the car. There was value in that. Daniels noted that the repairs the crew performed in Mexico were different from what they had to do with the car in Darlington. 'Darlington was a very different experience than Mexico because in Darlington it was pretty much cosmetic body on the car,' Daniels said. 'We had to replace the front bumper structure, we had to do a lot to get the nose patched back up and get it on the car. That was all kind of unique to that. There was really no suspension damage in Darlington. 'Complete opposite of that in Mexico. It was all suspension damage with very minimal to the body. Procedurally, there were a few things we carried as a team from what the Darlington kind of process was to the Mexico process of just how to communicate through who's going where, who's attacking which area. 'But it's crazy how much we still learn because it was so different, just very suspension-heavy and what we had to replace in Mexico. The value of that to me you just don't know until you kind of have that moment in the playoffs.'
Business Wire
17-06-2025
- Business
- Business Wire
Oceaneering to Present at the J.P. Morgan Energy, Power, Renewables & Mining Conference
HOUSTON--(BUSINESS WIRE)--Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) President and Chief Executive Officer Roderick A. Larson is scheduled to present at the J.P. Morgan Energy, Power, Renewables & Mining Conference in New York on Tuesday, June 24, 2025. Mr. Larson, Senior Vice President and Chief Financial Officer Alan R. Curtis, and Senior Director, Investor Relations Hilary Frisbie will also meet with institutional investors. Oceaneering's First Quarter 2025 Investor Presentation is available on the Investor Relations page of Oceaneering's website at Oceaneering is a global technology company delivering engineered services and products and robotic solutions to the offshore energy, defense, aerospace, and manufacturing industries. For more information on Oceaneering, please visit
Yahoo
16-06-2025
- Business
- Yahoo
Solo Brands, Inc. Appoints John Larson as Chief Executive Officer; Company Completes Comprehensive Debt Restructuring
Well-positioned to pursue strategic transformation, supported by strong leadership bench and extended financial runway GRAPEVINE, Texas, June 16, 2025 (GLOBE NEWSWIRE) -- Solo Brands, Inc. (NYSE: DTC; OTC: DTCB) ('Solo Brands' or 'the Company'), a leading portfolio of lifestyle brands (Solo Stove, Chubbies, Isle and Oru) that are redefining the outdoor and apparel industries, today announced that Mr. John P. Larson was appointed as permanent President and Chief Executive Officer, effective immediately. Mr. Larson will also continue to serve on the Company's Board. The Company also announced that Solo Brands, LLC, as borrower (the 'Borrower'), an indirect subsidiary of the Company, entered into Amendment No. 4 (the 'Amendment') to the Credit Agreement dated as of May 12, 2021 (as amended, the 'Credit Agreement'), by and among the Borrower, JPMorgan Chase Bank, N.A., as administrative agent, collateral agent and letter of credit issuer, and the lenders party thereto, to effect a comprehensive debt restructuring. John Larson, Solo Brand's President and Chief Executive Officer, commented, 'This is a pivotal time for Solo Brands, and we have a strong team in place to implement our plans. This successful debt restructuring marks a substantial step forward, creating a significant runway and providing financial flexibility to execute our strategic vision. We believe we have taken appropriate steps to strengthen our balance sheet and liquidity position that underpins our multi-year transformational growth strategy. 'We are confident that our strong brand recognition, coupled with our turnaround efforts and value accretive initiatives, will position us to continue down the pathway to stabilize and transform the business. We appreciate the collaboration and support from our lenders. Finally, I am excited to continue in the CEO role, permanently, as the team, Board, and I are well aligned,' Larson concluded. Key Transaction Terms The Amendment, which became effective on June 13, 2025, reallocated and restructured the Borrower's debt under the Credit Agreement to provide a revolving credit facility with commitments equal to $90.0 million; a new term loan facility in an aggregate principal amount equal to $240.0 million; and the paydown by the Borrower of $136.5 million of revolving loans and $32.5 of existing term loans outstanding as of June 13, 2025. As a result, as of June 13, 2025, the Company's total outstanding debt under the revolving facility was $19.7 million, and the Company's total outstanding debt under the new term loan facility was $240.0 million. In addition, the Amendment extends the stated maturity of the revolving loans and the new term loans to June 30, 2028. Additional terms of the Amendment are set forth in the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on June 16, 2025. Advisors Kirkland & Ellis LLP served as legal counsel, Lazard served as financial advisor, and AlixPartners served as operational advisor to the Company. About Solo Brands, Inc. Solo Brands, headquartered in Grapevine, TX, is a leading omnichannel lifestyle brand company. Leveraging e-commerce, strategic retail relationships and physical retail stores, Solo Brands offers innovative products to consumers through five lifestyle brands – Solo Stove and TerraFlame, known for firepits, stoves, and accessories; Chubbies, a premium casual apparel and activewear brand; ISLE, maker of inflatable and hard paddle boards and accessories; and Oru Kayak, innovator of origami folding kayaks. Contacts:Mark Anderson, Senior Director of Treasury & Investor RelationsInvestors@ Three Part Advisors, LLCSandy Martin: smartin@ 214-616-2207Steven Hooser: shooser@ 214-872-2710 Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including without limitation statements regarding our ability to realize expected benefits from the amendment of the credit agreement governing our debt, future financial position, turnaround efforts, strategic transformation goals, future growth and shareholder value, our going concern assessment, our plans and strategy to improve our liquidity, the expected benefits of operational improvements and restructuring efforts, benefits from management changes and seasonal trends. In some cases, you can identify forward-looking statements by terms such as 'may,' 'will,' 'should,' 'expects,' 'plans,' 'anticipates,' 'could,' 'intends,' 'targets,' 'projects,' 'contemplates,' 'believes,' 'estimates,' 'forecasts,' 'guidance,' 'predicts,' 'potential' or 'continue' or the negative of these terms or other similar expressions. These statements are neither promises nor guarantees, and involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to, the following: our ability to realize expected benefits from our strategic plans, including as a result of the amendment of our credit agreement; our ability to implement any restructuring and cost-reduction efforts; our liquidity; our ability to continue as a going concern; our ability to mitigate the impact of new and increased tariffs and similar restrictions on our business; our reliance on third-party manufacturers, which operate mostly outside of the U.S., and problems with, or the loss of, our suppliers or an inability to obtain raw materials; failure to regain compliance with the continued listing requirements of the NYSE, upon appeal or otherwise, or any future failure to meet such requirements; the impacts of the continued quotation of our Class A common stock on the OTC Pink Market; our dependence on cash generated from operations to support our business and our growth initiatives; the limits placed by our indebtedness to invest in the ongoing needs of our business; our ability to maintain and strengthen our brand to generate and maintain ongoing demand for our products; our ability to design, develop and introduce new products; our ability to manage our future growth effectively; our ability to expand into additional markets; our ability to maintain and strengthen our brand to generate and maintain ongoing demand for our products; risks associated with our international operations; our inability to sustain historic growth rates; our ability to cost-effectively attract new customers and retain our existing customers; the highly competitive market in which we operate; our failure to maintain product quality and product performance at an acceptable cost; the impact of product liability and warranty claims and product recalls; business interruptions resulting from fluctuations in the price of our Class A common stock; geopolitical actions, natural disasters, or pandemics; and the ability of our largest stockholders to influence corporate matters. These and other important factors discussed under the caption 'Risk Factors' in our Annual Report on Form 10-K for the year ended December 31, 2024, and any subsequent Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, or other filings we make with the Securities and Exchange Commission could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Forward-looking statements speak only as of the date the statements are made and are based on information available to Solo Brands at the time those statements are made and/or management's good faith belief as of that time with respect to future events. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
