Statesville, NC (SportsNetwork.com) - Swan Racing announced on Monday that Iowa businessman Anthony Marlowe has joined its two-car Sprint Cup Series team as a minority owner.
Marlowe, 34, is the co-founder and president of TMone, an Iowa City-based customer relationship management firm supporting Fortune 500 companies. He's also the managing member of Iowa City Capital Partners, which is a private investment firm that provides equity funding to companies.
Brandon Davis is the principal owner of Swan Racing. One year ago, former NFL linebacker Bill Romanowski signed on as a minority owner of the team. The racing organization had its first full season in NASCAR's premier series in 2013.
"This is a remarkable day, which for me marks the intersection of my passion for NASCAR and my dream of owning part of a professional sports team at the highest level," Marlowe said in a team statement. "I kept a close eye on Swan Racing during its inaugural season last year and was so impressed with Brandon Davis, the way they do business, and their pursuit of excellence that I wanted to be part of his Cup team for the long-haul."
Last month, Swan Racing revealed it is expanding to a multi-car operation for this upcoming season, with Cole Whitt driving the No. 26 Toyota and Parker Kligerman behind the wheel of the No. 30 Toyota. Whitt and Kligerman will both be rookies in Sprint Cup.
During the '13 season, David Stremme, Kevin Swindell, Whitt and Kligerman shared driving duties in the No. 30. The No. 26 ran only one race, with Michael Waltrip competing in the season-opening Daytona 500. A special paint scheme on Waltrip's car was dedicated to the victims of the shootings at Sandy Hook Elementary School in Newtown, Conn.