Negotiations progressing between Roush and Red Sox owner
By Bob Pockrass
Sunday, November 19, 2006
JAMES RAPP /
HOMESTEAD, Fla. - The negotiations in the sale of a portion of Roush Racing to Boston Red Sox owner John Henry's Fenway Sports Group are progressing well, Roush Racing President Geoff Smith said Saturday.
Many of the major points have been agreed upon since the negotiations began in earnest in September.
"The big principal points, that's all buttoned up," Smith said. "I think by the first of the year, we'll [know]. We're going along pretty fast. By Daytona for sure."
One of those pieces involves what percentage of the racing organization the Fenway Sports Group will own. Jack Roush will not relinquish control of the team.
"We have been open to being all the way up to equal [partners], but not more than equal [for them]," Smith said.
