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Hall of Fame Racing exploring merger or acquisition opportunities
By Bob Pockrass - Associate Editor
Sunday, August 24, 2008
BRISTOL, Tenn. – Hall of Fame Racing doesn’t have a full-time driver for the rest of 2008, and the team is looking at a variety of options for 2009 on both who will drive and how many cars the team will have.
Those options include a possible merger/acquisition of another team, Hall of Fame Racing co-owner Tom Garfinkel said Saturday.
“There’s just about everything you can imagine going on in this garage, people talking to people,” Garfinkel said in the Bristol Motor Speedway garage. “The funny thing is that the rumors that I hear we’re involved with we’re not and the ones I don’t hear about are the ones [we’re talking with].
“We’re evaluating all our options for next year … to be able to build a great team and be competitive in the future.”
Garfinkel said the team would like to stay with Toyota but it might change depending on what happens.
“As we look at other teams’ situations, some of them require different manufacturers and we’re having those conversations as well,” Garfinkel said.
As far as a driver, the team had Ken Schrader in the car at Bristol. It likely will put Joey Logano in the car later this year, but Garfinkel said he would not comment on those reports until after Joe Gibbs Racing’s announcement Monday, where it is expected that Logano will be named the full-time driver of the No. 20 Cup car next year.
The team used Brad Coleman at Michigan and plans to use him more. He will participate in a Goodyear tire test this week at Kansas Speedway. As far as 2009, it could depend on whether Hall of Fame increases to two or more cars with a merger or acquisition.
“We obviously still think a lot of Brad and [are] trying to get him ready,” said Garfinkel, whose team is outside the top 35 by 241 points. “At the same time … we want to put ourselves in the best position every weekend.”
Mentioned Drivers: Brad Coleman
2009 Sprint Cup Race for the Chase Standings
Driver Standings after the AMP Energy 500
| 1 | Jimmie Johnson | 6248 |
| 2 | Mark Martin | -184 |
| 3 | Jeff Gordon | -192 |
| 4 | Juan Pablo Montoya | -239 |
| 5 | Tony Stewart | -279 |
| 6 | Kurt Busch | -312 |
| 7 | Greg Biffle | -340 |
| 8 | Ryan Newman | -402 |
| 9 | Kasey Kahne | -414 |
| 10 | Carl Edwards | -437 |
| 11 | Denny Hamlin | -448 |
| 12 | Brian Vickers | -556 |
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Comments
8 responses to "Hall of Fame Racing exploring merger or acquisition opportunities". Post a Comment.
Mike Martin said:
Aug 24, 2008 at 11:49 AMBarf.
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» Confirm Abuse Reportbeth emerson said:
Aug 24, 2008 at 12:12 PMI agree barf. Also Lagano has not proved anything to me. I think it is funny that Gibbs is hard up enough to put him full time cup next year.
Report as AbuseI think people are making way to much of him. He had better get real good real fast cuz he will be with the big boys. If he spins one of them out like he did in nationwide it wont go over good at all.
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» Confirm Abuse ReportJohn Lockhart said:
Aug 24, 2008 at 1:07 PMHA HA HA!That's funny Mike!
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» Confirm Abuse ReportAshley said:
Aug 24, 2008 at 1:30 PMVery funny Mike!
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» Confirm Abuse ReportAndrew Briscoe said:
Aug 24, 2008 at 2:20 PMSo wait, they switched from Chevy to Toyota to keep the Gibbs support, and then are looking to possibly switch to another manufacturer to make the team better? What's better than having support from the team with 9 wins this year?
Report as AbuseI guess you could say that a decent driver would be better, but...
As for Logano driving the #96 this year to prepare for 2009: I wouldn't want my enemy to drive that car right now.
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» Confirm Abuse ReportDonald Reppert said:
Aug 24, 2008 at 2:59 PMWhy not Schrader? Qualified 7th, stayed out of trouble & finished 21st.
Report as AbuseHas always been consistent, knows how to drive, takes care of his car, etc.etc.
Don R.
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» Confirm Abuse Reportanonymous said:
Aug 28, 2008 at 9:46 AMWhy don't they just merge with JGR?
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» Confirm Abuse ReportPitFrog said:
Sep 1, 2008 at 3:12 PMWith their ties to JGR, one would think HOF would be able to bring a competitive ride to the track. I will bet my left tire nut on this - HOF WILL have a supersonic rocketship when Baby Logano comes to drive the 96 in his 5 races!!! Hey, Hall of Fame -Put Coleman back in the car and let him get gain some valuable Cup experience instead of playing Chinese Fire Drill with the 96!
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