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RPM, Yates to merge in 2010

 From ap.org
Richard Petty Motorsports and Yates Racing plan to merge in 2010, with the four-car team running Fords under the RPM banner. Under the agreement announced Thursday, Yates driver Paul Menard will join RPM drivers Kasey Kahne, Elliott Sadler and A.J. Allmendinger next year. RPM was formed in January when Petty Holdings merged with Gillett Evernham Motorsports. The team has met with mixed success, though Kahne is in good position to make the 12-driver chase for the championship after picking up...Read Full Story

Reddin resigns as CEO of Richard Petty Motorsports

 From ap.org
Tom Reddin resigned as CEO of Richard Petty Motorsports on Friday for what the team called personal reasons. RPM's four drivers were informed of the resignation in a team meeting at Lowe's Motor Speedway. Foster Gillett, son of majority team owner George Gillett Jr., is expected to assume some of Reddin's duties. "Foster is coming back from Montreal, and he's going to be more hands-on at the company," said star RPM driver Kasey Kahne. "I think that it will be fine. I think Foster does a good...Read Full Story

Evernham, Hendrick Together Again

By Cartman on  From yourtrackpass.com
Ray Evernham Enterprises has been retained to consult for the Hendrick Companies, a management company formed in 2005 to oversee strategic initiatives for chairman Rick Hendrick. Founded in 2008 by Ray Evernham, REE will consult on special projects related to Hendrick’s core businesses. In that role, REE’s initial focus will be development of the Hendrick Performance retail brand of high-performance parts, vehicles, products and related services. “Hendrick Performance parts and cars will...Read Full Story

Ray Evernham enjoying new TV role with Speed

By talkracin on  From talkracin.com
Posted in NASCAR - 13 October 2011 - No comments For a man who pledged to take it easy, Ray Evernham can’t seem to stop finding work. The former NASCAR team owner left ESPN in January after a three-year stint, opting for a consulting job with his former boss, Rick Hendrick. Beyond that, Evernham owns a dirt track and is back on TV as an analyst for cable network Speed. Read the entire article from it's source. ← Video: Jimmie Johnson on Inside NASCAR (2...Read Full Story

Bobby Labonte leaving Petty Enterprises

By Antonette1971 on  From ernhrtfanalwys3.blogspot.com
Bobby Labonte and Petty Enterprises have reached a mutual agreement to separate, the team confirmed on Thursday. The 2000 Sprint Cup champion earlier this season signed a four-year extension with partial ownership to remain in the famed No. 43 car that Richard Petty drove to seven titles when Boston Ventures purchased majority interest in NASCAR’s most storied organization. But with the car unsponsored — General Mills is moving to Richard Childress Racing in 2009 — and the future of the...Read Full Story
Kahne, 31, has had a successful but tumultuous eight-year career in the Cup series. It began with former crew chief-turned-team owner Ray Evernham. Evernham eventually merged his organization to form Gillett Evernham Motorsports, which in turn ...  
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Kahne, 31, has had a successful but tumultuous eight-year career in the Cup series. It began with former crew chief-turned-team owner Ray Evernham. Evernham eventually merged his organization to form Gillett Evernham Motorsports, which in turn ...  
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Ray Evernham says he has plenty of projects for 2012, and he will approach each without the hassle of dealing with part of his past as he has settled a $19 million lawsuit with former business partner George Gillett. Evernham, who sold the majority of his Evernham Motorsports NASCAR Cup organization to Gillett in 2007, filed the $19 million lawsuit in February 2011 against the Gillett company that ran the race team (Gillett GEMS) as well as...  
From scenedaily.com ()
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CHARLOTTE, N.C. -- Ray Evernham has settled his lawsuit against George Gillett over money owed from the 2007 sale of his Sprint Cup organization. Evernham, the former owner of Evernham Motorsports and a three-time Cup champion as the crew chief ...  
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Ray Evernham has settled his lawsuit against George Gillett over money owed from the 2007 sale of his Sprint Cup organization. CHARLOTTE, N.C. -- Ray Evernham has settled his lawsuit against George Gillett over money owed from the 2007 sale of his Sprint Cup organization.  
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