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Published on June 10th, 2008 | by Michael J Smith

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Petty Announcement This Week?

SceneDaily is reporting that Petty Enterprises is holding a news conference this week. The team is expected to announce that it has brought in an investor.

While the it has not been confirmed, many news outlets are reporting that the investor is private equity firm Boston Ventures.

ESPN seems a little more sure of this news in its report. ESPN also expects Petty Enterprises to announce the re-signing of Bobby Labonte, and a sponsor for the No. 43 Dodge could be announced as well.

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About the Author

Michael J. Smith is a NASCAR enthusiast and blogger. In addition to founding this website, Michael is a journalist with over a decade of experience writing for prestigious media organizations.



One Response to Petty Announcement This Week?

  1. doyounascar says:

    Nascar.com has pretty much all but confirmed that they will indeed announce the re-signing of LaBonte with the organization and Boston Ventures as a partner.

    Tim Z
    http://www.doyounascar.com

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