Sources: Layoffs begin at Richard Petty Motorsports
By Bob Pockrass
Tuesday, November 10, 2009
Sources have indicated that layoffs are in the works at Richard Petty Motorsports.
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Richard Petty Motorsports has begun layoffs and informing employees which ones will be kept as part of its merger with Yates Racing, according to sources familiar with the situation.
Some employees were immediately released while others were told they will be kept through the end of the season. Sources said that by the end of the month, more than 150 of the 250 RPM employees will have been laid off from RPM, which currently fields four full-time cars for drivers Kasey Kahne, Elliott Sadler, AJ Allmendinger and Reed Sorenson.
RPM and Yates Racing announced in September plans to merge after this season with the new Richard Petty Motorsports to field four Fords in 2010. They have not announced that the deal has been signed, although Ford and Yates Racing officials have said the deal is on track to be completed.
The new RPM is expected to use Roush Yates Engines next year and also possibly get equipment from Roush Fenway Racing. The current RPM organization has finished building cars and engines for the final two races of the year at Phoenix and Homestead, and many of those immediately laid off Monday and Tuesday came from those departments, sources said.
An RPM spokesman declined comment.
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33 responses to "Sources: Layoffs begin at Richard Petty Motorsports ". Post a Comment.
fanofreed43 said:
Nov 10, 2009 at 4:58 PMRPM will be out of Nascar in 3 years.
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» Confirm Abuse Reportipopakeg293388 said:
Nov 10, 2009 at 5:03 PMI'LL WORRY ABOUT IT IN 3 YEAR'S THEN! NO REASON TO BORROW TROUBLE!
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» Confirm Abuse ReportPhoenix987 said:
Nov 10, 2009 at 5:27 PMWhat the article doesn't say is that almost all of the layoffs were in the RPM engine shop, which is closing down.
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» Confirm Abuse ReportWerner said:
Nov 10, 2009 at 5:41 PMPetty may fade away just like the Wood Bros...nothing new in this sport...someday Hendrick and Roush will also be gone and the new teams will rule....Stewart has started....who's next?....Harvick??...
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» Confirm Abuse Reportiusewd40 said:
Nov 10, 2009 at 6:04 PMGee, No Goodby Tour like he did when he retired from racing the #43?
Report as AbuseOh, that's right, it's ALL about $$$$$
Shame on the king.
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» Confirm Abuse Reportmartinfan01 said:
Nov 10, 2009 at 6:24 PMRichard Petty is nothing but a sell-out, and everything he touches turns to crap! George Gillett was the worst thing that could have happened to the old, honorable Evernham Motorsports. Best wishes to all the hard working employees that have been wronged by this money grubbing tyrant.
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» Confirm Abuse ReportRonFWNC said:
Nov 10, 2009 at 6:38 PMAt this late date, people are still acting as if Richard Petty is the one making the decisions concerning the future of Richard Petty Motorsports. His name may be on the door, but he's not the boss, merely the spokesperson. You can lay this mess entirely at the feet of George Gillett.
Report as AbusePetty Enterprises, as an independent company, is long gone. Richard Petty made the deal he felt he had to made to protect his family's remaining interests in the team, first with Boston Ventures, then with Gillett. It hasn't really worked. I agree that RPM will be gone in a couple of years. Poor Kasey Kahne and Elliott Sadler will waste another year or two driving for a second-rate team. But I feel worst for all the people at RPM who are about to lose their jobs. There's a good chance that they won't find other jobs in NASCAR.
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» Confirm Abuse Reportkeith308 said:
Nov 10, 2009 at 7:06 PMTimes change! Get use to it and quit your whining!
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» Confirm Abuse Reportgojeffgo said:
Nov 10, 2009 at 7:06 PMjobless recovery sucks
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» Confirm Abuse ReportAndi said:
Nov 10, 2009 at 7:42 PM#7 is right, Richard isn't the one who's making all the decisions, I'm sure Gillette is making more of them then Richard himself. #8 is correct too, Times Change and let's face it, if Richard didn't do anything, he wouldn't even be heading into next year. Also....Gillette isn't the worse thing that happened. Boston Ventures was. By this time last year, Boston Ventures didn't give them any of the money, because they didn't have it, and no one had been paid since that September. That's why they had to find someone else to help with the money part, and that was Gillette. That's why Bobby was let go, they didn't have the money to keep him. Boston Ventures made it sound like this great deal and it was a huge mistake, and it hurt Richard Petty Enterprises alot.
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» Confirm Abuse Reportkimba9 said:
Nov 10, 2009 at 8:00 PM#2 You said it all! Why worry over something that is in the future?? Kasey will find somewhere else to race, someone will pick him up, I have no doubt. Till then, such as it is. Who knows what will happen in 2010!!??
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» Confirm Abuse ReportVillebilly said:
Nov 10, 2009 at 8:38 PMNothing ever lasts.
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» Confirm Abuse ReportCCCANNON said:
Nov 10, 2009 at 8:49 PMYeah #12 just look at DEI.
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» Confirm Abuse ReportCCCANNON said:
Nov 10, 2009 at 9:00 PM"RPM will be out of Nascar in 3 years." So will
Report as AbuseDEI. What's with Montoya and wiping his nose
during interviews. Does he need a box a Kleenex
or is it snowing where he is ?
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» Confirm Abuse Reportracer2000 said:
Nov 10, 2009 at 9:05 PMWhat happened to Gillette being a "billionaire"?
Report as AbuseThis thing has smelled like a leveraged aquisition from Day 1...buying things you can't afford on "credit" and loans.
Didn't he just have to sell his hockey team to pay the bills for his soccer team?
Amazing when these people come in to NASCAR and realize they aren't as smart as they thought they were. Took a good Cup contending team and now turning them into Roush's minor league team.
What a shame. Sadler, AJ and Reed are a joke but poor Kasey, he needs to go drive for Tony Stewart.
If this Gillette guy is a "billionaire" why
isn't he in Forbes list...even lists millionaires? Hmmm...
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» Confirm Abuse Reportsukimae09 said:
Nov 10, 2009 at 9:51 PMi have been saying for months, kasey kane needs to go to tony's third team. petty is pulling at threads going nowear. kasey has already lost a year. he needs some good equiment. he is a good driver. kenny and kasey make a good team.
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» Confirm Abuse ReportMagnolia_Raven said:
Nov 10, 2009 at 10:11 PMTimes may change, but treating loyal employees right should not change. RPM has employees that have been there since Evernham Motorsports began. They worked hard, were loyal, stayed the course - and now most of them won't have a job. If the team will have the money to buy completed cars to drive, why wouldn't it have the money to build the cars themselves. United we stand - divided we fall. Guess Gillette never heard of that motto.
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» Confirm Abuse Reportracinghcr said:
Nov 10, 2009 at 10:32 PMRacer2000 your statement regarding RPM as being "a Good ,Cup contending team" is about as illogical as your statement that RPM will become "a Roush minor league team"! From the latest FACTS#1 :RPM driver Elliott Sadler started a new RPM/YATES/Roush FORD Fusion at Talladega, and led more laps than he has all season long in a RPM Dodge! He was more competitive than he has been all season and had a great TOP 10 Finish. He commented that he was more confident and felt more racy that he has in years. FACT #2: AJ Almendinger a continual back marker and DNF in RPM Dodges started his first race in a new RPM/YATES/Roush FORD Fusion this weekend in Texas. Almendinger in the new FORD Fusion qualified well,ran up front all day,much of the time in the Top 10 ,and finished with a competitive, TOP 10 Finish ! So your stupid,negative rant about RPM is just that a blabbermouthed bunch of FACTLESS BS ! Spare those of us who value logical,true,and factual opinions and comments !!
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» Confirm Abuse Reportracer2000 said:
Nov 10, 2009 at 11:07 PMRacingHCR - We'll see where the Roush minor league team is in a year...that's all I have to say. Kasey is gone after 2010 anyway...so you can keep Sadler and AJ who took 2 half season sponsors (Best Buy and Stanley) and are now going to share them in 2010. Same $$ but now split among 2 cars...tell me how that works out too. Lastly, Sadler ran well at Talladega. Wasn't he contending for the win at Daytona in his "inferior" Dodge? He's the same guy who thinks his performance is his crew chief's fault once per year and demands a change. I'm amazed that guy makes a living racing...Jimmie has won more races this season than Sadler has in his whole Cup career. If I'm so far off, tell me how Gillette has made Evernham a better team.
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» Confirm Abuse Reportjbbigrod said:
Nov 11, 2009 at 2:02 AMOne thing I am sure of, is they ALL will be better off once they are solidly in the Fords. Kasey just may have the BEST year of his career. AND I do expect AJ to do well also. You will find the Roushkateers and RPM drivers working hand in hand and going after the Chuverlevit jaugernaughts; AND handlingly trouncing them, I might add. - - - Stop, look and listen, and you will see what I mean.
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» Confirm Abuse Reportxbrownsx said:
Nov 11, 2009 at 3:01 AMClearly, Richard Petty is a sell-out. I've been saying it for weeks now as a Petty fan since the late 60s. NO MORE.
Report as AbuseHeck, I respect The Wood Brothers way more than Petty. The Wood Brothers remained loyal to Ford, even in their down years. Why didn't they jump manufacturers? I'll tell you why: CLASS and INTEGRITY. The Wood Brothers remained loyal to their legacy. Well done. Honorable.
Meanwhile, Petty Enterprises was mismanaged and run into the ground. If they hadn't merged with Gilette - Evernham, they'd be gone now.
What a shame. At least Kasey made the Chase this year in a DODGE. 2010 will see RPM 25th or worse in points with Ford.
Sponsers will bail on RPM the second their contracts expire, don't be surprised. What a shame for Richard to shaft longtime employees and race fans alike.
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» Confirm Abuse Reportxbrownsx said:
Nov 11, 2009 at 3:23 AMBottom Line" Petty Enterprises and Richard Petty as the icon of the sport should today be mention in the same sentence as Hendrick Motorsports and Roush-Fenway. The problem is, for 20 years, PE has been mismanaged, while Hendrick and Roush had a plan, good ideas, hired good people and invested in quality race equipment.
Report as AbusePetty scrimps for every dime, while Hendrick and Roush are a threat to win races and championships weekly and yearly.
It's sad to see what Petty Enterprises has lowered itself to now.
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» Confirm Abuse Reportjbbigrod said:
Nov 11, 2009 at 4:42 AMNumber 21, not sure WHAT you mean??? Petty is supposed to be loyal to WHOM? - - - Dodge, Chevy, Ford? He has run all three through the years, right? Sure he ran Dodge more years than the rest, but all three nevertheless. I would consider him a traitor IF he were to go to Toyota, but certainly not Ford. Look how many races he won in Ford back in 1969. He had a great year. Lets face it, Dodge is on its way out AGAIN. Ford is not. Much more security there. I EXPECT Ford to do well in 2010. MAYBE the championship again. Hopefully Mark gets it this year, and Carl for next year. Then Kasey a year or two down the road, IF he sticks with Ford. IF he should be so dumb as to go to the Chuvorlevits, then he doesn't need or deserve to ever win a championship again, and sure won't get MY support if he does.
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» Confirm Abuse Reportjbbigrod said:
Nov 11, 2009 at 5:49 AMPS: #21, you SHOULD respect the Wood brothers more than Petty. After all THEY had the greatest driver of all time, David Pearson, driving for them. Even Petty agreed he was THE finest driver and toughest competitor he ever raced against, and that includes Earnhardt Sr.. So yes, definitely respect the Wood Brothers.
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» Confirm Abuse Reportracer2000 said:
Nov 11, 2009 at 10:05 AMBuying a house you can't afford only affects 1 person.
Report as AbuseBuying a race team you can't afford...affects 300 people. What a shame for these families.
Gillette and the management of this team are incompetant and way in over their head. He couldn't afford his hockey team, so he sold it. Now he's liquidating his race team to a shell. Somewhere Ray Everham is counting his $$ and smiling. Gillette is a sucker.
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» Confirm Abuse ReportRonFWNC said:
Nov 11, 2009 at 12:00 PMWhy are some people still talking about Petty Enterprises? Petty Enterprises no longer exists; this is a new company that includes portions of P.E. but is run by new people. Richard Petty is involved in RPM, but more as an employee than decision maker.
Report as AbuseNo doubt, mistakes were made over the years in running Petty Enterprises. Even before Richard retired from driving in 1992, they were underfunded compared to other teams, and the problem grew worse over the years. Unlike, say, Hendrick and Penske, P.E. could not depend on an influx of cash from the company's other interests, and had to rely instead on sponsor money alone. By the time Richard Petty admitted that he could no longer compete with the other teams, it was too late to save Petty Enterprises.
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» Confirm Abuse ReportMeg said:
Nov 11, 2009 at 9:03 PMExcellent pics of their cars..
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» Confirm Abuse Reportclintonpillow said:
Nov 11, 2009 at 11:42 PMI thought that maybe Tony would buy Kasey's contract fron RPM, and pivk up Kasey in 2010. bit 2010 isn't here yet. When Kasey leaves RPM he will go to HAAS RACING, you can bet your but that will appen.
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» Confirm Abuse Reportscott_30_27288 said:
Nov 12, 2009 at 9:58 AMAs a longtime Petty fan since I was a kid it hurts me to see Richard Petty relegated to little more than a pitch man and a lap dog for the likes of George Gillette. Also Boston Ventures got exactly what they wanted out of the PE deal. They wanted the Richard Petty Driving Experience then they cut the race teams throats and blamed it on the poor economy. I would much rather have seen Richard step to the microphone last season and say "Okay guys this is the deal, we can't afford to operate anymore and we're closing up shop and getting out of racing." than to see him like he is today. I agree with the first poster, Richard Petty Motorsports is on it's way out as a team. I also feel for all those people who are losing their jobs at RPM. Richard will survive as well as Gillette but some of these other gals and guys may not find it so easy to find a job. God bless them.
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» Confirm Abuse Report88_20_42_Fan said:
Nov 13, 2009 at 11:58 AMWhat a mess. This is what happens when corporations try to get involved in things they have no idea about (racing.) Gillette has run this once competitive team into the ground and sold pieces of it to god knows who.
Report as AbuseLet's see who owns it..
-Gillette
-Evernham still has a percentage I think.
-Richard Petty
-Saudi Prince (I think).
The team is running Fords AND Dodges, I mean geeze this place is in a mess. I feel truly sorry for the people getting screwed out of their jobs at RPGESP Motorsports.
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» Confirm Abuse Reportvermontcritter-1 said:
Nov 14, 2009 at 12:41 PMPetty Enterprises should have closed the doors long before they merged with Gillette and Evernham, or sold out to Boston Ventures. Kyle Petty found out what PE was like after he started his own team in 1997, and made the mistake of merging with PE later on. The biggest mistake they made in recent history was changing from GM to Dodge. New car, new engine, in essence a totally clean slate for a team that had better luck running the Pontiac logo. I guess Richard must have thought he might be able to bring back the luck he had during his heyday. Someone needs to tell the King to retire and sit in his rocking chair and tell the grandkids racing stories from years past. PE is Dead!!!
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» Confirm Abuse Reportcdeshon said:
Nov 14, 2009 at 7:23 PM#15 - I'd love to see Kasey drive for Stewart-Haas
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» Confirm Abuse Reportxbrownsx said:
Nov 17, 2009 at 3:15 AM#23, DODGE is not on their way out. They are fully committed to NASCAR and have said so. In fact, there was a time when Ford had much less drivers than Dodge or Chevy, it's a cycle.
Report as AbuseDodge is simply cutting back as to ride out the recent auto crisis that has affected all of the Big 3.
Petty should have been another Hendrick or Roush, but he simply had no vision for the future back in the 80s and 90s.
MEMO to #31 VermontCritter: Oh yes. Whenever I and any NASCAR fan think of the Petty legacy, we immediately associate him with the Pontiac logo. Absolutely, a brilliant observation on your part...(not really, LOL)
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