Published on October 17th, 2008 | by Michael J Smith0
DEI, Petty To Merge?
Rumor has it that Dale Earnhardt Inc. and Petty Enterprises are in talks to merge, but how a DEI-Petty deal would work remains unclear.
Earlier this year, Boston Ventures purchased a significant stake in Petty Enterprises. The team is seeking a sponsor for Bobby Labonte and its No. 43 Dodge, which lost General Mills to Richard Childress Racing’s No. 33 team and driver Clint Bowyer.
The team is also said to be at odds with Kyle Petty, who could leave and take the team’s only major sponsor, Wells Fargo, with him.
DEI is also searching for sponsorship, after US Army bolted for Stewart Haas Racing’s No. 39 and driver Ryan Newman. Paul Menard is leaving at the end of the season to go to Yates Racing, and he is taking his Menards sponsorship with him, leaving DEI with Bass Pro Shops as its only sponsor, on Martin Truex Jr.’s No 1 Chevy. DEI currently has Regan Smith and Aric Almirola on its roster, but sponsors for neither team.