NASCAR Foursome To Develop into Highway Warriors IMSA Type at Daytona

A quartet of NASCAR Young Guns will leave their production cars at home to compete in the IMSA sportscar events at Daytona International Speedway next week to open the 2022 season.

Austin Cindric, Harrison Burton, Chase Briscoe and Hailie Deegan – all part of the Ford Performance program in NASCAR – will compete in two Ford Mustang GT4s on Friday, January 28 for the season opener of the IMSA Michelin Pilot Challenge, the BMW M Endurance Challenge, A day later, Cindric will climb into the No. 15 Proton USA Mercedes-AMG GT3 and compete in the new GTD PRO class at the 60th Anniversary of the Rolex 24 At DAYTONA, North America’s premier sportscar race on the IMSA WeatherTech SportsCar Championship calendar , 29.-30. January.

Cindric and Burton will share the #41 PF Racing Mustang for the Michelin Pilot Challenge race, with Briscoe and Deegan in the #42 Mustang from the same stable. The goal for all four drivers is to gain valuable street circuit experience before the start of their NASCAR seasons—the Camping World Truck Series for Deegan and the Cup Series for the other three.

Tickets are available for next weekend’s activities and include the following. Sign up to receive all ticket information for the Rolex 24 At DAYTONA weekend www.daytonainternationalspeedway.com or call 1-800-PITSHOP.

4-Day Adult Ticket: $125 (Infield/Frontstretch/Garage Access); Children up to 12 years FREE

Adult Sat-Sun Tickets: $75 (Infield/Frontstretch/Garage Access); Children up to 12 years FREE

Sat-Sun Adult Tickets: $50 (Infield, Frontstretch Access): Children 12 and under FREE

Adult tickets Saturday-Sunday: $50 (unreserved front seats): Children 12 and under FREE

Adult tickets on Friday: $30 (unreserved front seats): Children 12 and under FREE

Adult Sunday tickets: $35 (unreserved front stretch seating): Children 12 and under FREE

Cindric, the 2020 NASCAR Xfinity Series Champion who will be a Cup Series rookie with Team Penske this year, is no stranger to IMSA racing. The 22-year-old has contested 16 Michelin Pilot Challenge races with two wins and has six WeatherTech Championship races under his belt.

For Burton, 21-year-old driver of NASCAR’s Wood Brothers Racing Ford and son of former NASCAR driver and current NBC Sports race analyst Jeff Burton, the 3.56-mile Daytona track will be a new experience.

“I’ve had these conversations with my friends at Ford, at the Wood Brothers and at Penske. The only thing I wanted to work on to get better was to be a better street racer,” said Harrison Burton. “Having the opportunity to do this right away is awesome and recognition that they have made a commitment to help me get better. It really is everything a driver could ask for.”

Publisher’s Note:

  • To download the new Rolex 24 At DAYTONA logo, click here. click entry list for Rolex 24 At DAYTONA as well as on weekends Time schedule. Click for photos of all four riders here.

Drivers have their teams’ blessing to venture outside of their regular work area to compete at Daytona.

“We want to be flexible,” said Walter Czarnecki, vice chairman, Team Penske. “We want to give them the opportunity to expand their skills.”

But the four gets plenty of space in Daytona. It started on Friday with three days of testing for both IMSA series at the Roar Before the Rolex 24. In the second session on Friday, Cindric was 7th fastest of the 30 cars in the Grand Sport (GS) class with a lap of 1 minute and 54.027 seconds. (112.394 mph) while Briscoe finished 12th with a 1:54.367 (112.060 mph).

“That’s one thing I’ve really buckled up and said for this 2022, I just need to get as much seat time as possible, whether it’s in the dirt, on circuits or whatever I can ride,” Deegan said. 20, returning to David Gilliland Racing in 22 for a second trucking season. “I just want to come in and get more experience and I feel like there’s one thing I could improve on – I can improve on a lot of things – but I feel like there’s one thing that’s really coming up more in the NASCAR world and that’s the street circuit Run. I have the feeling that being able to drive any kind of road course will just improve me as a driver.”

It will be a reunion for Deegan and Briscoe, who shared a Mustang for the 2020 Daytona race. Briscoe, who is driving for Stewart-Haas Racing in the Cup Series this season, is looking forward to the seat time and to seeing how Deegan has improved in the two years since they have raced together.

“The last time we were there, it was her first time ever running a road course,” said Briscoe, 27. “Well, getting back to her, she’s probably done three or four truck races now (on road courses) and has raced some other IMSA stuff so it will be fun to see her improve as a racer.

“She’s doing a really good job in a lot of different disciplines and it’s going to be fun to go down there and show us both a whole new discipline and go down there and just have a good time.”

When the Michelin Pilot Challenge race is over, the race ends for three of the drivers. Not so for Cindric, who will make his fourth start in the Rolex 24, this time alongside Dirk Mueller and Patrick Assenheimer in the #15 Mercedes. Cindric has a clear goal in mind.

“I have a very strong desire to win the Rolex 24 and that is my motivating factor to compete in this race,” said Cindric, who won the beef last February. It’s what’s for dinner. 300 races of the NASCAR Xfinity Series. “I’ve worked really hard every offseason to try and make a difference, not to get into a five-rider lineup just to race and experience it. I kind of did it all.

“I would say the Rolex is probably the most realistic race I can watch and say I would love to win that race. I think this is a great opportunity for me to do that, or at least establish my skills for it, and as I said, against a group of drivers who are incredibly talented and incredibly experienced, all in their cars.”

GTD PRO is just that – a class based on professional drivers. Most cars have factory support. In a way, Cindric says, this Rolex 24 will reflect what he expects as a NASCAR Cup Series rookie – going head-to-head with the best pro drivers.

“On GTD PRO you look at the roster and my jaw kind of dropped,” said Cindric, “so I’m looking forward to this challenge.”

Once the checkered flag drops at the Rolex 24 At DAYTONA, the World Center of Racing will focus on DAYTONA Speedweeks Presented by AdventHealth (February 15-20) and the 64th Annual DAYTONA 500. The week will be six days of incredible track action with practice, qualifying and a total of six races across four different series. It will offer multiple opportunities for fans to see the next-gen NASCAR Cup Series car, as well as some of the world’s greatest drivers in the NASCAR Xfinity and Camping World Truck Series, and the ARCA Menards Series.

For ticket information for Speedweeks Presented By AdventHealth events, log in www.DAYTONA500.com or call 1-800-PITSHOP. If fans would like to buy or sell reserved seats for the DAYTONA 500, please visit SeatGeek, the DAYTONA 500’s preferred ticket exchange, and Speedweeks Presented By AdventHealth.

Fans can stay connected with Daytona International Speedway Twitter, Facebook and Instagram, as well as the all-new NASCAR tracks apartment, for the latest speedway news.

Daytona Tortugas elevating cash for officer Raynor throughout homestand

DAYTONA BEACH, Florida. – The Daytona Tortugas baseball team will be raising money for Officer Jason Raynor during a homestead this week.

Raynor remains in critical condition after he was shot dead in an encounter with 29-year-old Othal Wallace in Daytona Beach on June 23, according to the Volusia County Sheriff’s office.

The money from a 50/50 raffle at Daytona’s game on Thursday will go to Raynor’s family.

[TRENDING: Cops: Former Miami football player tried to steal helicopter at airport | Bill Cosby freed from prison | Sonic Boom! Hear SpaceX landing]

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During the games on Friday, Saturday and Sunday, the Tortugas hold a silent auction in the hall behind home plate.

Fans can buy tickets to any of the games this week with this link.

Tickets typically start at around $ 10. While fans get seats to the game online, fans will have the opportunity to donate to Raynor’s family.

[RELATED: Orlando pizza place fundraising for Daytona Beach officer in hospital after shooting]

In Orlando, Planet Pizza organizes a fundraiser on Tuesday from 11 a.m. to 4 p.m.

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All sales during the fundraiser go to Raynor’s family.

In addition to the ball games and the pizza fundraiser, to GoFundMe for Raynor was also created.

More than $ 313,000 had been raised by Thursday afternoon.

[RELATED: Man accused of shooting Daytona Beach officer to be extradited back to Florida]

Wallace is awaiting extradition from DeKalb County, Georgia.

According to court records, he is charged with attempted murder of a police officer.

The FBI said he could also face federal charges.

Copyright 2021 by WKMG ClickOrlando – All rights reserved.

Starstream Leisure Coordinating Huge Consumer Advertising Campaigns In Addition To Welcoming Shareholders To Firm’s Annual Shareholder Assembly in Daytona Seashore Throughout Bike Week March Fifth-14th 2021

TipRanks

3 ‘Strong Buy’ stocks with an 8% dividend yield

Let’s talk about portfolio defense. After manipulating the Social Flash Mob Market for the past week, this topic should not be ignored. That doesn’t mean the markets will collapse. After falling 2% at the close of last week’s Friday session, this week’s trading started on a positive tone as the S&P 500 rose 1.5% and the Nasdaq rose 2.5%. The underlying bullish factors – a more stable political scene that steadily drives COVID vaccination programs – still play a role, even if not quite as strong as investors had hoped. While heightened volatility might linger with us for a while, it’s time to consider defensive stocks. And that will bring us to dividends. By providing a steady stream of income regardless of market conditions, a reliable dividend stock provides a pad for your investment portfolio when the stock ceases to appreciate. With that in mind, we used the TipRanks database to get three dividend stocks that yield 8%. However, that’s not all they offer. Each of these stocks received enough street praise to earn a consensus rating of “Strong Buy”. New Residential Investment (NRZ) First we examine the REIT sector, Real Estate Investment Trusts. These companies have long been known for dividends that are both high-yielding and reliable. Due to the company’s tax compliance, REITs are required to return a certain percentage of profits directly to shareholders. NRZ, a medium-sized company with a market capitalization of $ 3.9 billion, has a diverse portfolio of residential mortgages, original loans and mortgage loan service rights. The company is based in New York City. NRZ has a $ 20 billion investment portfolio that has generated dividends of $ 3.4 billion since its inception. The portfolio has proven resilient in the face of the corona crisis, and after a difficult first quarter last year, NRZ posted rising gains in the second and third quarters. The most recently reported third quarter showed GAAP earnings of $ 77 million, or 19 cents per share. This EPS was lower than in the previous year, but a strong trend reversal compared to the 21-cent loss reported in the previous quarter. The rising income has enabled NRZ to raise the dividend. The Q3 payment was 15 cents per common share; The dividend for the fourth quarter was increased to 20 cents per common share. At this rate, the dividend annualizes to 80 cents, making an impressive 8.5%. In a further move to return profits to investors, the company announced in November that it had approved $ 100 million in share buybacks. BTIG analyst Eric Hagen is impressed with New Residential – especially the company’s solid balance sheet and liquidity. “[We] like the ability to potentially build capital through retained earnings while maintaining a competitive payout. We believe the dividend increase will underscore the company’s liquidity position. We believe NRZ has been able to release capital because it has raised approximately $ 1 billion in securitized debt for its MSR portfolio through two separate transactions since September, ”said Hagen. In line with his comments, Hagen rates NRZ with a buy and its target price of $ 11 implies an upward movement of 17% for the coming year. (To see Hagen’s track record, click here.) It’s not often that all analysts agree on a stock. When this happens, take note of it. NRZ’s consensus rating for strong buy is based on unanimous 7 purchases. The stock’s average target price of $ 11.25 indicates an upward movement of ~ 20% from the current stock price of $ 9.44. (See NRZ stock analysis on TipRanks) Saratoga Investment Corporation (SAR) With the next stock we switch to the investment management area. Saratoga specializes in mid-market debt, capital appreciation and equity, with over $ 546 million in assets under management. Saratoga’s portfolio is broad, including industry, software, waste disposal and home security. Saratoga has seen a slow but steady recovery from the corona crisis. The company’s sales declined in the first quarter of 20 and have grown slowly since then. The third quarter fiscal year report released in early January contained $ 14.3 million. Adjusted for pre-tax taxes, Saratoga’s net investment income of 50 cents per share exceeded the 47-cents forecast by 6%. They say the race is slowly and steadily winning, and Saratoga has shown investors a generally stable hand over the past year. The stock has rallied 163% from its low after the corona last March. And the dividend, which the company cut in the second quarter, has increased twice since then. The current dividend of 42 cents per common share was declared for payment on February 10 last month. The annualized payment of $ 1.68 gives a return of 8.1%. The analyst Mickey Schleien from Ladenburg Thalmann is optimistic about Saratoga and writes: “We believe that the SAR portfolio is relatively defensive and focuses on software, IT services, education services and the CLO. SAR’s CLO remains up-to-date and the company is seeking refinancing / appreciation that we believe could positively affect our outlook. “The analyst continued,” Our model assumes that SAR will use cash and SBA debt to fund net portfolio growth. We believe the Board of Directors will continue to increase the dividend given the performance of the portfolio, the existence of undistributed taxable income and the economic benefits of the Covid-19 immunization program. “To this end, Schleien rates SAR a Buy along with a price target of USD 25. This number implies an upward trend of 20% from the current level. (To see Schleien’s track record, click here.) Wall Street analysts approve of Schleien on this stock. The other three registered ratings are buys and the analysts’ consensus rating is a strong buy. Saratoga’s shares trade for $ 20.87 with an average price target of $ 25.50, indicating an upward movement of 22% over the next 12 months. (See SAR stock analysis on TipRanks) Hercules Capital (HTGC) Last but not least, Hercules Capital is a venture capital company. Hercules provides early stage funding support to small client businesses with a scientific background. Hercules customers are life sciences, technology, and financial SaaS. Since its inception in 2003, Hercules has invested over $ 11 billion in more than 500 companies. The quality of the Hercules portfolio is evident from the company’s recent performance. The stock has fully rebounded from last winter’s corona crisis, rebounding 140% from its low last April. The result has also recovered. For the first nine months of 2020, HTGC posted net investment income of $ 115 million, or 11% more than the same period in 2019. For dividend investors, the key point is that net investment income covered the distribution – in fact, it was 106% of the Base distribution. The company was confident enough to kickstart sales with an additional 2 cents payment. The combined payout results in an annualized payment of $ 1.28 per common share and a return of 8.7%. In yet another vote of confidence, Hercules completed a $ 100 million investment-grade bond offering in November, raising capital for debt repayments, new investments and corporate purposes. The bonds were offered in two tranches, each valued at $ 50 million. The bonds mature in March 2026. Analyst Crispin Love covers Piper Sandler’s stock and sees plenty to love in HTGC. “We continue to believe that HTGC’s focus on fast-growing technology and life science companies positions the company well in the current environment. In addition, Hercules is not dependent on a COVID recovery as it does not invest in “vulnerable” sectors. Hercules also has a strong liquidity position which should allow the company to act quickly when it finds attractive investment opportunities, “commented Love. All of the above convinced Love to rate HTGC as an outperform (i.e. buy). In addition to the call, he set a price target of $ 16, indicating upside potential of 9%. (To see Love’s track record, click here.) The stock’s recent appreciation has pushed Hercules stock up to its average target price of $ 15.21 and up only ~ 4% above the trading price of $ 14.67 calmly. Wall Street doesn’t seem to mind, however, as the analyst consensus rating is a unanimous strong buy based on 6 recent buy-side ratings. (See HTGC stock analysis on TipRanks.) To find great ideas for trading dividend stocks at attractive valuations, visit TipRanks’ Best Stocks to Buy, ‘a newly launched tool that brings together all of TipRanks’ stock insights. Disclaimer: The opinions expressed in this article are solely those of the presented analysts. The content is intended to be used for informational purposes only. It is very important that you do your own analysis before making any investment.