Monday morning the nine biggest teams in NASCAR announced they have formed the ‘Race Team Alliance.” According to release from Michael Waltrip Racing Co-Owner Rob Kauffman who is chair of the alliance will allow the teams to work together to promote the sport and its drivers.

The founding members of the alliance include MWR, Chip Ganassi Racing with Felix Sabates, Hendrick Motor Sports, Joe Gibbs Racing, Richard Childress Racing, Richard Petty Motor Sports, Roush Fenway Racing, Stewart-Haas Racing and Team Penske. The releases says the group plans on opening up membership to all full-time Sprint Cup Series team in the ’very near future.’

“With the encouragement of NASCAR and the manufacturers, the teams have met in various forms and forums over the years to explore areas of common interest. This simply formalizes what was an informal group.” Kauffman said in the release.  “The key word is ‘Collaboration’. We all have vested interests in the success and popularity of stock car racing.  By working together and speaking with a single voice, it should be a simpler and smoother process to work with current and potential groups involved with the sport. Whether it be looking for industry-wide travel partners or collaborating on technical issues – the idea is to work together to increase revenue, spend more efficiently, and deliver more value to our partners.”

NASCAR says it is gathering information on the group, but that it is too early for them to respond to the alliance’s effect on the sport.

“We are aware of the alliance concept the team owners have announced, but have very few specifics on its structure or purpose,” NASCAR Vice-President and Chief Communications Officer Brett Jewkes said in a release. It is apparently still in development and we’re still learning about the details so it would be inappropriate to comment right now. NASCAR’s mission, as it has always been, is to create a fair playing field where anyone can come and compete. Our job is to support and strengthen all of the teams, large and small, across all of our series and we’ll continue to do that. NASCAR is a unique community with hundreds of stakeholders. They all have a voice and always will.”