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Tax lien issued against BK Racing

The IRS issued a tax lien against BK Racing this week, the third tax lien against the organization since in less than a year.

The tax lien issued Tuesday to the North Carolina Secretary of State's office against BK Racing is for$180,794.97. The lien is for the tax period ending March 31.

The IRS tax liens filed April 25 to the North Carolina Secretary of State's office against BK Racing are for $163,925.76 (tax period ending Sept. 30, 2016) and $322,910.62 (tax period ending Dec. 31, 2016).

The three tax liens total $667,631.35.

A federal tax lien is the government's legal claim against property owned by a person or business when they neglect or fail to pay a tax debt.

BK Racing did not return messages to NBC Sports seeking comment about the tax liens.

The latest tax lien comes in a week when multiple media reports have raised issues about the financial status of the two-car team owned by Ron Devine.

A story by frontstretch.com detailed the deal between BK Racing and Gray Gaulding to put Gaulding in one of the team's cars this season. Devine told the site that the team had a $2 million agreement for GGR Enterprises to pay the team for Gaulding to drive the car this season. The report stated that monthly totals of $200,000 from GGR Enterprises to BK Racing were late in March (by seven days) and April (11 days).

Also this week, The Final Lap reported that Devine and BK Racing had defaulted on a promissory note for $2 million signed in Feb. 2013.

--- NBC Sports ---