Top-Stories
Roger Penske Envisions a Hybrid Future for NASCAR
Renowned as the owner of the championship-winning Team Penske Racing, Roger Penske, with a motorsport empire valued at $3.7 billion, shares his insights into the future trajectory of NASCAR. As the Next-Gen car era unfolds, where drivers Joey Logano and Ryan Blaney have clinched two championships, Penske anticipates a transformative shift towards hybrid car racing.
“I think the hybrid formula seems to be something that will make a lot of sense as we go forward because we’ve been seeing electrification kind of slow down here lately. I think hybrid is more of a bridging strategy to the future.”
Penske’s Hybrid Initiatives
Penske has already introduced hybrid technology to the IndyCar series. A groundbreaking 2.2-liter twin-turbocharged V-6 engine with hybrid capabilities is set to debut in the second half of the 2024 season, marking a significant step in embracing hybrid technology within the premier open-wheel racing series. Furthermore, Penske’s commitment to sustainability is evident, with the use of renewable diesel in trucks and operational vehicles as part of ongoing environmental efforts.
Possible Hybrid Sedan Race on the Horizon
Looking ahead, Penske reveals the prospect of a semi-electric vehicle (EV) Sedan race in NASCAR’s future. While fully electric vehicles may not be feasible, the idea of hybrid Sedans gracing the top stock car racing series is gaining traction.
“I think that’s what we’re going to see. I don’t see it overnight, but you maybe could have a sedan series where they could run without fully electric vehicles.”
Notably, NASCAR Chief Operating Officer Steve O’Donnell recently confirmed the Research and Development (R&D) division’s efforts in crafting an EV with a distinct body design. Positive results from tests on these vehicles indicate progress, although the transition to racing fully electric vehicles remains a distant prospect for NASCAR. Drawing parallels with Formula One, NASCAR might follow a trajectory where hybrid technology and sustainable fuel take center stage.
Also Read:- Roger Penske Envisions a Hybrid Future for NASCAR
Simone Biles is a legendary gymnast, often called the greatest of all time (GOAT). She has won more medals than any other gymnast, even receiving the prestigious Presidential Medal of Freedom. This week, she made her much-anticipated return to the gymnastics mat.
Net Worth 2024
In 2024, Simone Biles is estimated to have a net worth of $16 million.
And for the 2016 Rio games, per Forbes:
- $25,000 for each gold medal
- $15,000 for each silver medal
- $10,000 for each bronze medal
Jonathan Owens
In 2019, Biles and Owens had a close encounter at a Texans game. However, they officially met through the Raya dating app in March 2020, with Biles taking the initiative and making the first movie.
The gymnast shared with the Wall Street Journal, “He would say I slid into his DMs. I noticed him, thought he was cute, and said hi. After seeing he was in Houston, we started chatting and eventually hung out a week or two later.”
Simone Biles and Jonathan Owens seem to have addressed the criticism about the comments made by the Green Bay Packer regarding how he and the renowned gymnast crossed paths.
Owens replied on Instagram with a pic of him and Biles, saying, “Unbothered… just know we locked in over here.” Biles kept it even simpler in a wedding photo, captioning it with just one word: “Mood.”
Dating History
In February 2022, Owens talked to Today about when he started liking Biles. He said it was about a month into their relationship when they began spending time together every weekend.
He also said, “We just kept spending time together, and I wanted to see her more and more.” Owens mentioned that even his dog really liked her.
The couple dated for almost three years but broke up in March 2020. Simone talked about it in August 2020, saying it’s tough to end a long relationship when you’re young, but it was the right thing to do. Fortunately, Simone didn’t take too long to find someone new.
Owens made a big effort for his first Valentine’s Day with Biles in February 2021. Biles posted a picture on her Instagram of the special setup he made for her, and they kissed in the photo.
He said, “Happy 24th birthday to my lady! I’m really excited about our future together, and I can’t wait to celebrate more birthdays with you. I love you, baby.”
Also Read:- Simone Biles: Net Worth 2024| Jonathan Owens| Dating History
Renowned former NASCAR Cup and Xfinity series driver, as well as prominent broadcaster, Kenny Wallace recently engaged with fans on December 22nd, delving into various topics surrounding NASCAR. One significant revelation during this interaction was Wallace shedding light on the substantial financial commitment he made towards insurance during his tenure as a premier stock car racer.
Insurance Breakdown: A $150,000 Annual Expenditure
Responding to inquiries from fans, Wallace disclosed that he annually allocated a staggering $150,000 to meet the insurance requirements associated with participating in NASCAR races. The comprehensive coverage included Disability Insurance, family insurance, auto insurance, and even golf-kart insurance, a mandatory aspect dictated by the race tracks themselves. Notably, the financial burden was further compounded for drivers managing additional personal employees.
“To pilot a race car in the demanding realm of NASCAR, I had to secure Disability Insurance and workman’s comp. In addition, standard family health insurance, auto insurance, and golf cart insurance – a prerequisite imposed by the race tracks. At times, my annual expenditure exceeded $150,000, especially when factoring in other expenses such as transportation, loans, and personnel salaries,” remarked Wallace.
NASCAR’s Distinct Insurance Approach
Contrary to conventional practices in other sports leagues, NASCAR adopts a unique stance on insurance provision. Notably, the sanctioning body does not extend insurance coverage to its drivers, citing their distinct classification as Independent Contractors rather than employees.
“NASCAR Cup drivers operate under an Independent Contractor arrangement, absolving the organization of any legal obligation to furnish insurance coverage. Despite the inherent risks associated with every race, NASCAR’s policy positions drivers as independent entities rather than direct beneficiaries of employer-provided insurance,” elucidated Wallace.
This departure from the traditional employer-employee relationship in other sports leagues has implications for driver responsibility, requiring them to independently navigate insurance matters, a distinctive feature within the high-stakes world of NASCAR.
Also Read:- Kenny Wallace Reveals Substantial Annual Investment in NASCAR Insurance
Ever wondered about the love story of Simone Biles and her husband? Well, we Sportsbugz have got the juicy details for you! But wait, it’s not just hearts and roses – there’s a bit of a mystery. Get ready for a story that’s not your typical fairy tale. It’s got drama, it’s got love, and it’s got some unanswered questions that’ll keep you hooked till the end. Let’s spill the tea on Simone Biles and her husband – are you in for the scoop? Let’s jump in and find out!
What is Simone Biles Husband Interview Controversy?
In the world of Olympic greatness, Simone Biles stands tall. But here’s a surprise twist: her husband, Jonathan Owens, only discovered her name four years after she won her first Olympic medal! They met on a dating app, turning the greatest gymnast into just another match.
I’ve read sooooo many posts about Simone Biles’ husband saying he didn’t know who she was and that he was the catch and you know what? I STILL don’t know that man’s name. 😑😂 pic.twitter.com/tZlPGEXNR6
— ValGal (@ValGal1212) December 22, 2023
The controversy kicked in when Owens spilled this story in an interview. People on the internet quickly reacted, especially when he mentioned he hadn’t paid much attention to gymnastics before. They also referred to this interview as “Simone Biles Husband Drama”. Despite the fuss, Simone and Jonathan seem chill about it, sharing their “unbothered” vibes on social media. So, what’s the real story? Check out “The Pivot” podcast for the full scoop beyond the headlines!
When did Simone Biles Meet Her Husband?
Simone Biles and her now-husband, Owens, found each other through the magic of the Raya dating app in 2020. Despite the initial anonymity, their digital connection blossomed into a unique and enchanting story when they both swiped right.
Even though Owens wasn’t familiar with Simone Biles’ celebrated gymnastic achievements at the time, the magnetic pull of their connection remained strong. Their first encounter happened in the digital space, and from there, their story took a modern twist.
Their initial communication unfolded through text messages, a contemporary take on the classic tale of two people getting to know each other. This virtual exchange quickly led to a decision to meet in person, transcending the digital boundaries. Owens had recently moved to Houston, where he would later play for the Texans, providing a serendipitous backdrop for their connection. Simultaneously, Biles continued her training just outside the city, setting the stage for the intersection of their lives.
In the midst of their different worlds, they found common ground and a shared journey that would lead them to the next chapters of their lives.
When did Simone Biles Get Married?
They got married on 22 April 2023 in a cozy courthouse ceremony in Houston. Adding a splash of glamour to their love story, they didn’t stop there.
Simone Biles & Owens Marriage Pictures
Just a few weeks later, they hosted a lavish second wedding in Mexico, turning their union into a double celebration. Cheers to the happy couple for making their special day even more extraordinary.
Jonathan Owens Net Worth in 2024
Simon Biles Net Worth in 2024
The net worth of owen’s wife Simon Biles is estimated to be in the range of $14-16 million. This substantial wealth reflects not only her unparalleled success in gymnastics but also her lucrative endorsement deals and various business ventures. Biles has become a highly marketable figure, securing partnerships with major brands and leveraging her immense popularity to build a diversified financial portfolio. Her net worth is a testament to both her athletic prowess and her business acumen, making her not only a gymnastics icon but also a notable entrepreneur in her own right.Husband-Wife Combined Net Worth: Jonathan Owens and Simone Biles in 2024
The combined net worth of Jonathan Owens and Simone Biles would be around $20 Million which paints a picture of financial success, creating a wealthy foundation for their family. This power couple’s impressive earnings not only speak to their individual achievements but also set the stage for a prosperous future for their children and the entire family. With Jonathan’s strategic moves on the football field and Simone’s prowess in gymnastics and business, they’ve built more than just a strong partnership—they’ve crafted a path to financial well-being that will likely benefit generations to come. The Owens-Biles family is undoubtedly in for a financially secure and thriving journey ahead.-
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