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Published on July 7th, 2008 | by Michael J Smith

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T. Earnhardt To Sell DEI?

Jayski is reporting via Sirius Satellite Radio‘s Sirius Speedway that Teresa Earnhardt has hired Bear, Stearns & Co. Inc. to find a buyer or major financial investor for Dale Earnhardt Inc.

The reports are that she’s looking to sell the team first. But, if that doesn’t happen, she would consider taking on an investor.

This seems odd to me. I know a year makes a big difference, especially considering all of things that happened to the economy over the following year. But, still…

If she’s thinking about selling the company, then it was stubbornness that led to her reject Dale Earnhardt Jr.’s ownership offer last season.

Instead of putting her ego aside and keeping the company family owned, she instead is now looking for a buyer, sending the company that Dale Sr. built to someone who is not an Earnhardt.

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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 T. Earnhardt To Sell DEI?

  1. Pingback: DEI Not For Sale, For Now « The Lead Lap

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