Ray Evernham

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

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

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

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 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

Amid all the economic turmoil in NASCAR, fans can take some comfort knowing Richard Petty is still around. Petty, stock car's king and at 71 still the most recognizable face in racing, will have a presence under a rebranding of the new team created by the merger of his organization with Gillett Evernham Motorsports. The new team will be called Richard Petty Motorsports (RPM), capitalizing on the seven-time champion's marketability. The announcement was made Monday during the first day of the...Read Full Story

Gillett Evernham Motorsports announced Tuesday that Reed Sorenson has signed a multi-year contract to join the team, beginning with the 2009 Sprint Cup season. "Reed is a highly talented driver with a wealth of experience and accomplishments for a 22-year-old," said Mark McArdle, the team's vice president and managing director of competition. "We believe he has a great future ahead of him here at Gillett Evernham Motorsports. He will be a great fit with our drivers, sponsors and employees...Read Full Story

GREENSBORO, N.C., Dec. 31 (UPI) -- The deal finalizing the merger between Petty Enterprises with Gillett Evernham Motorsports will be announced next week, Fox Sports reported Wednesday. Multiple sources beyond Fox also confirmed the merger, including the Greensboro (N.C.) Record on New Years Eve. It would combine two of NASCAR's most visible entities, but no details about the new company's name were made available. It comes one week after cash-strapped Petty Enterprises agreed to...Read Full Story

Richard Petty will remain a prominent figure in the garage. However, Petty Enterprises -- a 60-year staple in the Cup Series -- has closed its doors. Gillett Evernham Motorsports and Petty Holdings announced Thursday an agreement in principle to form a new Cup team co-owned by Richard Petty, Petty Holdings (owned by majority shareholder Boston Ventures) and Gillett Evernham Motorsports. "I want to get back to winning and together we will bring the resources, technology and infrastructure to...Read Full Story

Three-time Cup champion crew chief Ray Evernham will join Speed’s “Speed Center” news program as an analyst.Read Full Story