Davis: BDR will go on
DAYTONA BEACH, Fla. -- Bill Davis said a recent $6.5 million judgment against his Bill Davis Racing team will not force him out of business.
Dodge sued BDR for breach of contract and the jury awarded the judgment Feb. 9 in U.S. District Court in Michigan. The jury decided that BDR had given confidential Dodge information to Toyota while the team was developing a truck for Toyota. Dodge terminated its Cup contract with BDR in May 2003 after it discovered BDR's building of Toyota trucks and promptly filed suit.
Davis plans to appeal the verdict, but said Feb. 17 that if it stands, his race team will not fold. He fields three full-time trucks for Toyota and one full-time and one part-time team in Cup. He plans to run two full-time Cup teams for Toyota in 2007.
"Nothing [there] is going to put us out of business" Davis said.
When asked if he had enough sponsorship from Caterpillar or if that means that Toyota would need to help him, Davis replied: "Toyota is not involved. Dodge didn't sue Toyota. They sued Bill Davis."
