Richard Petty agrees to team with Gillett Evernham Motorsports

By Bob Pockrass - Associate Editor
Thursday, January 08, 2009
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Richard Petty says that merging his Sprint Cup organization with Gillett Evernham Motorsports will help the team return to winning form.

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Gillett Evernham Motorsports and Petty Holdings have agreed to form a new racing organization that will field three full-time Sprint Cup cars and one part-time entry in 2009.
 
Neither the name of the team nor the driver lineup was announced. The team will be co-owned by Richard Petty, the Boston Ventures-controlled Petty Holdings and GEM (which is co-owned by the Gillett family and Ray Evernham), according to a news release from GEM.
 
“I want to get back to winning and together we will bring the resources, technology and infrastructure to do that,” Petty said in a statement. “This was a big decision for us but it’s something we really wanted to do.
 
“We hope everyone in the sport embraces what [GEM co-owner] George [Gillett] and I are doing. Nothing is going to change for me. I’m going to be at the track every weekend and really involved with the teams and drivers back at the shop. We are very happy. George and I have a lot of work to do, but we have a plan and we’ll be ready for Daytona.”
 
Founded by Lee Petty in 1949, Petty Enterprises has 268 NASCAR Cup wins and 10 driver championships, three by Lee and seven by his son, Richard. Kyle Petty drove for the team from 1979-1984 and then returned to the Petty banner in 1997.
 
In June, Richard Petty announced that he had sold a majority interest of the team to investment group Boston Ventures, but also said he would have to give his approval for any sale of the team.
 
“A lot has changed over the years in NASCAR but success still boils down to that cat holding the steering wheel and how he conducts himself both in and out of the car,” said Petty. “I really want to help these guys with their driving and their careers.”
 
By merging with Petty, GEM adds a car that is locked into the first five races of 2009 by virtue of finishing in the top 35 in 2008 owners points.
 
Last season, the No. 9 GEM team was 15th in owner points while the Petty No. 43 team was 22nd. The No. 19 GEM team was 24th, the No. 10 GEM team was 37th and the No. 45 Petty team was 41st.
 
“To join with Richard Petty and Petty Holdings is such an honor for me and my family,” said George Gillett, whose business interests also include ownership in the Montreal Canadiens hockey team and the English Premier League’s Liverpool FC soccer team. 
 
“Richard and I have gotten to know each other well over the last few years and both of us believe we have formed something that NASCAR fans will support. We plan to keep the Petty name in the forefront of NASCAR. We ask that all of the King’s fans join with us. Our goal is to get the cowboy hat and sunglasses back in victory lane.”
 
The release did not mention a driver lineup except for GEM driver Kasey Kahne. The part-time fourth car will compete in at least eight races, including the Budweiser Shootout.
 
“I’ve gotten to know Richard over my five years working with Dodge and I look forward to being around him more,” said Kahne, who had two wins in 2008 while barely missing the NASCAR Chase For The Sprint Cup. “This is pretty awesome. The Gilletts have done a fantastic job of putting this together.
 
“I think you can see their commitment to winning. We could have kept on the same path, but they made a pretty bold statement that they are here to win.”
 
The team must still announce drivers for its other three cars, and could face a lawsuit over its driver stable. Elliott Sadler, who reportedly has been dropped in favor of AJ Allmendinger for the No. 19 car, has filed a notice with North Carolina Superior Court in Statesville, N.C., that claims that GEM breached its contract with Sadler.

Reed Sorenson is expected to fill one of the full-time slots as he has signed to drive for GEM and probably would land in the No. 43 car. With Bobby Labonte announcing his departure from Petty Enterprises last month, Petty has only driver Chad McCumbee under contract. His status remained unclear.

The deal is expected to be finalized by the end of January.
 
This was not the first time that the Gillett family has been in discussions with Petty Enterprises. Richard Petty has said that he was 50 percent along in negotiations to partner with Gillett in 2007, but that deal fell through when GEM wanted 80 percent ownership in the Petty organization.
 
“We are excited about this transaction and believe it will continue to keep the Petty name at the forefront of motorsports for decades to come,” said Barry Baker, chairman of Petty Holdings, which will continue to operate the Richard Petty Driving Experience.
 
Petty executive vice president of racing operations Robbie Loomis, longtime employee and former crew chief Dale Inman and vice president of marketing Brian Moffitt will have active roles in the new organization.
 
The teams will work out of the GEM shops in Statesville, N.C.

Comments

30 responses to "Richard Petty agrees to team with Gillett Evernham Motorsports ". Post a Comment.
  1. 1
    Gregory Pope said:
    Jan 8, 2009 at 9:31 PM

    All I can say is If The King is happy, I am happy.

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  2. 2
    Howard Englishman said:
    Jan 8, 2009 at 9:58 PM

    Well Reed is goin to need all the help he can get in the #43 car. Even with Richard helping him they would have been better off with Elliott.As far as AJ, I think that he can hold his own after some good seat time in the #19. Kasey will be back in the hunt now that Dodge has the bugs worked out of the new engine package. I hope they can get there program together because I hate not to see Richard at the track on weekends.

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  3. 3
    Howard Englishman said:
    Jan 8, 2009 at 10:00 PM

    Well Reed is goin to need all the help he can get in the #43 car. Even with Richard helping him they would have been better off with Elliott.As far as AJ, I think that he can hold his own after some good seat time in the #19. Kasey will be back in the hunt now that Dodge has the bugs worked out of the new engine package. I hope they can get there program together because I hate not to see Richard at the track on weekends.

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  4. 4
    Robert Osbourne said:
    Jan 8, 2009 at 10:15 PM

    Hope this works well for all.....would be great to see 43 back in victory lane while beating the 48 car...

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  5. 5
    Mr Galvan said:
    Jan 8, 2009 at 10:59 PM

    This is great news! With this mergre the 43 WILL be running led lap every race top 10's and i think wins!! IF this new team is smart they will let elliot run 10 runs with the 10 car then let him go, and run aj in the 19-THE BETTER DRIVER! All while kahne goes for the title!

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  6. 6
    Marion Gainey 111 said:
    Jan 9, 2009 at 12:12 AM

    According to Fox Sports Sadler is going to return to the 19.So i guess AJ will drive the 10 or is it possible that Chad McCumbee will since he already under contract with Petty for 09.Maybe Gillett agreed to field the 10 for McCumbee as part of the merger negotiations because i think Richard Petty was high on McCumbee.Well see .

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  7. 7
    Jozef Colomy said:
    Jan 9, 2009 at 12:22 AM

    My guess is Sadler in the 19, the other 3 drivers (Allmendinger, MCCumbee, and Sorenson) rotate between the full-time 43 and part-time 10. I would guess Allmendinger runs like 20 races in the 43, 4 in the 10. Sorenson will run 12 races in the 43, 4 in the 10. McCumbee will run 4 in the 43, 4 in the 10. My guesses, of course, are not necessarily based on anything, but judging on how each driver did last year I would do that were it my team.

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  8. 8
    Duff 65 said:
    Jan 9, 2009 at 10:06 AM

    One thing I have overlooked in this merger is Richard Petty's strong stance against alcohol related sponsorship; which included him not running his teams in the Bud Shootout or even the competition decal for Anhauser Busch. I believe Miller Coors is the competition decal used now, be interesting to see if the new team including the famous 43 will adorn this decal.

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  9. 9
    Howard Englishman said:
    Jan 9, 2009 at 10:14 AM

    Richard is a minority owner in this deal. The decal you are talking about was the Busch Clash and it still is the Bud Shootout and they dont have any cars in it anyway

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  10. 10
    Andrew Briscoe said:
    Jan 9, 2009 at 1:52 PM

    Howard, according to the new rules, all 3 GEM teams would be in the Shootout, and with this merger, that would put all 4 teams in. It will indeed be interesting to see whether or not Richard lets his teams run in the Shootout, considering his past refusal to allow a beer decal on his cars. I really hope that the #43 is on the track at Daytona in the Shootout, but I don't know if it will be put there: especially if Gillett gives Richard any say with the #43.

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  11. 11
    Howard Englishman said:
    Jan 9, 2009 at 4:45 PM

    You right Andrew, Iforgot about Chip goin to Chevys with DEI

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  12. 12
    Bernadette Motherway said:
    Jan 9, 2009 at 5:25 PM

    Ok, what is going on? This article says Sadler may not be driving the 19 and another article on this site says that Kahne, Sorenson and Sadler are in? What's true?

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  13. 13
    Steve Bilikam said:
    Jan 9, 2009 at 6:03 PM

    I'm just so happy that the Petty team will still be around.....even in a merger situation. It would have been a shame for NASCAR if that historical team had folded.

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  14. 14
    Art Garrett said:
    Jan 9, 2009 at 6:35 PM

    The very sad part of this whole thing is THE KING is being used as a billboard now. Its the same thing that Dave Thomas did when he sold Wendy's to a larger corporation and Harlan Sanders did when he sold KFC. THE KING hasnt any control of this deal. The 43 car is thrown in as part of this all for looks. THE KING smiles for the camera and says what he has to say, but the end result is a white wash of once was. Kyle knows it, and THE KING does too. I wish them well.

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  15. 15
    Jill Dieter said:
    Jan 9, 2009 at 7:43 PM

    Sadler finished 24th! That is better than Reed Sorenson (who?) he is 32nd in the drivers standing. They got some thinking to do! It must be hard for the Petty family to sell, but new companies and new drivers seem to get the sponsors. Sadly no more Petty Enterprises or Dale Earnhardt Inc. Times are changing.

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  16. 16
    Janice Marler said:
    Jan 9, 2009 at 7:58 PM

    Pockrass says "GEM (which is co-owned by the Gillett family and Ray Evernham)." I thought Ray had sold out. There's still lots of iffy stuff with this deal. Is Ray out of not? Is Elliott out or not? Is A.J. in or not? There's not been an official announcement on A.J. has there?

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  17. 17
    Bernadette Motherway said:
    Jan 9, 2009 at 8:35 PM

    I know Janice. I'm confused. No wonder I'm rude.

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  18. 18
    Werner Boehmert said:
    Jan 9, 2009 at 8:42 PM

    according to jayski...AJ was never in..."How about Allmendinger, impressive as a late-season fill-in in GEM's #10, stepping in as Sadler's replacement? I [Tom Bowles] had a good conversation with his agent, Tara Ragan, [Wednesday] that cleared up a few things. Here's the most important one to know: Allmendinger is NOT under contract with GEM, and remains looking for a ride. And according to Ragan, under no circumstances were there any sort of negotiations that revolved around Allmendinger trying to kick Sadler out of his ride. A free agent since being released from Team Red Bull in September, the Dinger's simply been looking for a good fit with several teams, trying to align with one where he can race competitively over the long-term. While GEM was one of those opportunities out there, negotiating with the concept of kicking out a driver like Sadler was never on the mind of someone who just went through a similar experience not too long ago.(Sports Illustrated)(1-9-2009)"

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  19. 19
    Richard Clower said:
    Jan 9, 2009 at 9:20 PM

    I'm with you Gregory Hope. If King Richard is happy so am I!!!!!!!!!!!!!!
    Go Reed, make us proud that you are a Southside Atlanta product!!!!!!!!

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  20. 20
    Jim Bayliss said:
    Jan 9, 2009 at 9:57 PM

    AJ is not in, as that was what the law suit was all about. Sadler is now back in the number 19. Sorenson is in the number 41. And Kahne has always been in the number 9. The other driver has not been announced as yet. So any speculation before that is announced is just that, pure speculation. They STILL need sponsorship for the number 43. ONE step at a time. One step at a time. None of them are very likely to be a factor for the chase in 2009, but hopefully they will improve as a lot.

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  21. 21
    Jim Bayliss said:
    Jan 9, 2009 at 9:59 PM

    I take that back. Sorenson is in the #43, NOT the #41. Sorry. --

    Jim.

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  22. 22
    david summitt said:
    Jan 10, 2009 at 12:19 AM

    Hey Jim,I find that hard to believe.."not a factor in the chase" With the two teams merging,more money,better technology,improved engine performance,..how can you even say that? Now with 4 cars on the team,AND Kasey having some help on the track,would'nt you have to say that they are a legitimate contender? They will be a force to be reckoned with

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  23. 23
    Harry Grove said:
    Jan 10, 2009 at 2:43 AM

    H. A. Grove said
    They better get rid of that foreign Dodge & get a race car to win. Go to Toyota

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  24. 24
    Jim Bayliss said:
    Jan 10, 2009 at 4:09 AM

    Time will tell, David, but I don't think it will happen in 2009. I HOPE I am wrong. But don't think so. We WILL see! --- Jim.

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  25. 25
    terry ruth said:
    Jan 10, 2009 at 11:34 AM

    There aren't Dodges..or Chevy's or Fords..or...Toyota's...just this THING NASCAR..calls a car.....now you have to cheer for a driver...not a car...thats what IRL...I mean...NASCAR..wants....has ..and will....be...I'M BORED....

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  26. 26
    S Beau said:
    Jan 10, 2009 at 1:38 PM

    Well, Gillett can use Petty's name to get more sponsors and NASCAR can continue the farce that they care about it's roots. It's a win - win situation for all. Unless that is, your a fan.

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  27. 27
    Jim Bayliss said:
    Jan 10, 2009 at 2:06 PM

    It isn't just THIS COT car that has not been the real deal. It had been 30 to 40 years or more since actual stock bodies were used, even then they were far from "stock". The chassis have been custom for many years. Heck, even when I raced my last Late Model back in 1981 as a 1981 T-Bird, it wasn't anywhere's near a "stock" car. I had an old Holman and Moody Chassis that Bobby Allison won some races with, I cut the cage off, put it on a shortened 72 Torino chassis that I did, and put a "body" on to it. I made the hood of fiberglass, made the doors and trunk lid from sheet steel, and the roof, quarters and fenders were fiberglass that I bought and had shipped to me. It did have a Ford 400 engine, that I much modified, but that was it. And NASCAR cars were a lot more modified than that back then. I had a hard time telling one from the other the past ten or more years, except for the sticker on the front and the car number.

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  28. 28
    Patsi Wilbanks said:
    Jan 11, 2009 at 9:19 AM

    The changing times make for sad results sometimes.

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  29. 29
    Mike Butler said:
    Jan 11, 2009 at 1:23 PM

    Sadler is in the 19. Period. If you ask me, it wasn't the lawsuit by Sadler that scared GEM/RPM, it was Best Buy and McD's that had already shot 2009 commercials that made the difference. You can tick off drivers and pay out contracts, but do not upset the sponsors. I think it was this part that they did not think through. My guess is Kahne in the 9, Sadler in the 19, Sorenson in the 43. The 10 is all going to be up to the sponsors. Who they want in the car representing them. You put AJ, Chad and whomever of as-needed contract and see who the sponsor wants. There are not going to be enough seats this year for any of them to hold full time rides.

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  30. 30
    Robert Wingert said:
    Jan 11, 2009 at 5:49 PM

    Terry is right Nascar is nothing more then cloned cars. Every nut, bolt, and screw must meet their standards. Gone are the days when Crew chiefs made changes and either lost or won by their decessions. Imagination is gone from Nascar.

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