Is Petty Enterprises planning to announce investor this week?

By SceneDaily Staff
Tuesday, June 10, 2008
$util.encode.html($content.photo.alt)

Richard Petty

John Harrelson
Getty Images for NASCAR

Petty Enterprises has called a news conference for Wednesday morning with a lineup of speakers that includes team owner Richard Petty and drivers Kyle Petty and Bobby Labonte.
           
Richard Petty, the seven-time Cup champion and owner of the team, said Sunday that he was closing in on a deal to bring in an investor and could have an announcement by the middle of this week. He would not comment if that investor is Boston Ventures, one of the investment groups that Petty reportedly was negotiating with.
           
Labonte, who is unsigned beyond this year, said Sunday that he might also have news this week about his future. The 2000 Cup champion is 19th in driver points in the No. 43 Petty Enterprises car.
   
The subject of the news conference was not included in the media advisory put out by the team.

Mentioned Drivers: Bobby Labonte

Post a Comment

Disclaimer: All comments are subject to filtering for language, and libelous content. Comments are intended to encourage spirited debate and discussion about the subject matter contained within the articles and ARE NOT intended for personal or demeaning attacks directed at other users. We reserve the right to remove any comments deemed inappropriate. Users who violate this policy may be banned from posting comments on the site.

Comment Preview

Nov 21, 2009 at 12:23 AM
You said:

You must login before you can post comments or rate content.

If you don't have an account you can create a free one here.

2009 Sprint Cup Race for the Chase Standings

Driver Standings after the Checker O'Reilly Auto Parts 500

1 Jimmie Johnson 6492
2 Mark Martin -108
3 Jeff Gordon -169
4 Kurt Busch -211
5 Tony Stewart -285
6 Juan Pablo Montoya -289
7 Greg Biffle -321
8 Denny Hamlin -352
9 Ryan Newman -411
10 Kasey Kahne -476
11 Carl Edwards -520
12 Brian Vickers -666

NASCAR Schedules

abc

Ford 400

Homestead-Miami Speedway
03:30 PM, 11/22/2009

Poll PositionView All

Which has been most detrimental to NASCAR television ratings and attendance this season?

Promotions

  • Play "WIX Filters' Pick 3" stock car fantasy and win prizes. Season 2 is now in session!

  • Tweet your thoughts about each race and join the conversation with other fans.

  • Drive an authentic NASCAR Sprint Cup car at the NASCAR Racing Experience.

  • Make weekly pics for the Chase and be entered to win weekly SPEED Merchandise.

NASCAR Community Join the Community

In the Forums View All

Presented by

Don't have an account yet?

Insiders Guide to NASCAR

Register with SceneDaily.com and get access to the following features:

  • FREE Insider’s Guide to NASCAR (available as a PDF download)
  • Daily NASCAR news updates delivered directly to your e-mail
  • Pre-race and Post-race emails delivered each race week
  • Ability to comment on blog and news articles
  • Information on new website features and upcoming contests
Create my Account

Login

Forgot Password?
Login or Create an Account