Troubled NASCAR team Swan Racing has found a home for driver Cole Whitt and is keeping Parker Kligerman under contract.
The two-car team faced an uncertain future because of difficulty securing corporate sponsorship. Minority owner Anthony Marlowe merged his ownership of the No. 26 team in BK Racing. Whitt will remain behind the wheel of the 26 in the Sprint Cup series.
The No. 30 team was sold Wednesday to John Cohen of XxxTreme Motorsports. The team hired veteran driver J.J. Yeley and named Stephen Lane crew chief. The No. 30 team will be joined by several other former Swan Racing crew members.
Swan Racing will continue to look for options for Kligerman that will keep the rookie driver on the track.