Rumors have been swirling since mid-June that the single-car team, Leavine Family Racing might be looking for a buyer in the near future due to the financial struggle teams currently are having due to COVID-19.
Adam Stern with the Sports Business Journal has reported that the team is looking to potentially sell in a mid to high seven-figure price.
Leavine Family Racing, who is celebrating its 10th season in the NASCAR Cup Series has not publicly listed its team for sale.
There has been some speculation that current driver of the team, Christopher Bell could replace Eric Jones as the driver next season in the No. 20 car for Joe Gibbs Racing.