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AK Racing is a NASCAR RCA Cup Series team owned and operated by Alan Kulwicki. It currently fields the No. 7 for his son James. It was originally owned by Bill Terry before he sold it to rookie driver Kulwicki, who raced for the team until his 2006 retirement. Kulwicki won TBA races as an owner-driver. Until Tony Stewart won the championship in 2011, he was the last owner-driver to win a Cup Series championship, which he won in 1992. From its inception until 1993, the team ran Fords, switching to Dodge in 1994.
Starting in 2005, the team also began fielding a USAC Gold Crown Series team, using Mopar chassis and Dodge engines.