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Report: Kahne Signs Multi-Year Deal With HMS

ESPN, citing anymous sources, is reporting that Kasey Kahne, arguably the hottest free agent available, has signed a mutliyear deal with Hendrick Motorsports starting in 2011. Details are trickling out slowly.

Logic would indicate that Kahne will take over the No. 5 car, currently driven by Mark Martin. Martin has a contract through to the 2011 season, but some expect him to retire, given this news. Some think Dale Earnhardt Jr, the driver who has had inconsistent results since joining HMS in 2008, may be moved. Dale Jr, however, has three years left remaining on his deal, so it’s unlikely that Dale Jr will leave HMS. That said, stranger things have happened. 

Jimmie Johnson is signed through 2015 while Jeff Gordon has a lifetime contract, so there’s no chance that either of them would move for Kahne.

It is being reported that Kahne could go to Stewart Haas Racing, which has an affiliation with HMS, for a year before moving to the No. 5. A while ago, I wrote that there were four potential seats for him, if he did leave Richard Petty Motorsports. SHR was one of those teams, but I never thought he would go there while waiting for a HMS ride. No one could have predicted this, considering all HMS drivers were signed at least through 2011. But as I said before, stranger things have happened.

Update: The Charlotte Observer is reporting that Kahne will drive the No. 5 car starting in 2012.

FoxSports is reporting that Kahne will drive for Stewart Haas Racing in 2011, along with sponsor Budweiser. But, there is some skepticism as to where this is true.

Discussion

22 comments for “Report: Kahne Signs Multi-Year Deal With HMS”

  1. [...] certain. He is currently crew chief for the No. 5 team and driver Mark Martin. With the addition of Kasey Kahne to HMS in 2012, Martin will step out of the No. [...]

    Posted by Knaus, Gustafson Sign Extensions With HMS | The Lead Lap | April 30, 2010, 4:58 pm
  2. [...] last month Kasey Kahne signed with Hendrick Motorsports, despite HMS having a full stable of drivers signed through 2011. Rumors began circulating that [...]

    Posted by Report: Harvick Re-signs With RCR | The Lead Lap | May 21, 2010, 6:14 pm
  3. [...] will move its Sprint Cup sponsorship from Kasey Kahne, who is leaving Richard Petty Motorsports to join Hendrick Motorsports, to Kevin Harvick and Richard Childress Racing’s No. 29, who is losing his Shell Pennzoil [...]

    Posted by Rumor: Budweiser To Richard Childress Racing, Harvick | Lead Lap's NASCAR News | June 4, 2010, 9:07 pm
  4. [...] Finch, owner of Phoenix Racing and the No. 09 Chevy, to secure a 2011 ride for Kasey Kahne, who signed on to drive for HMS in 2012, earlier this [...]

    Posted by HMS, Phoenix Racing In Talks For 2011 Ride For Kahne | Lead Lap's NASCAR News | June 12, 2010, 5:05 pm
  5. [...] the No. 83, in 2011, allowing Kasey Kahne to move to the No. 5 in 2011. Hendrick signed Kahne to a multi-year deal earlier this season. But, Martin is still under contract in the no. 5 for 2011, leaving Kahne [...]

    Posted by Mark Martin To Red Bull Racing In 2011? | Lead Lap's NASCAR News | July 7, 2010, 1:25 pm
  6. [...] Sadler’s comments, that leaves RPM with no drivers under contract for 2011. Kasey Kahne is leaving the team to join Hendrick Motorsports. AJ Allmendinger is not currently under contract beyond the end of [...]

    Posted by Sadler Not Returning To Richard Petty Motorsports In 2011 | Lead Lap's NASCAR News | July 10, 2010, 3:55 am
  7. [...] is rumored as a potential replacement for Kasey Kahne, who is leaving to join Hendrick Motorsports, at Richard Petty Motorsports, FoxSports.com is reporting, citing unnamed sources. Mike Mulhern of [...]

    Posted by Ambrose To Leave JTG At End Of Season | Lead Lap's NASCAR News | July 27, 2010, 5:26 pm
  8. [...] to run the car next season as he waits to Mark Martin’s contract to expire so that he can take over Hendrick Motorsports’ No. 5 Chevy in 2012. Those talks, reportedly, have fallen [...]

    Posted by Phoenix Racing To Shut Down At End Of Season? | Lead Lap's NASCAR News | July 27, 2010, 6:12 pm
  9. [...] Kahne signed a deal with Hendrick Motorsports back in April. It’s unclear whether Budweiser would stay on, but rumors have that [...]

    Posted by Report: Allmendinger Signs Extension With RPM | Lead Lap's NASCAR News | August 4, 2010, 1:42 pm
  10. [...] Kasey Kahne headed to Red Bull Racing in 2011 while he waits for Hendrick Motorsports’ No. 5 Sprint Cup Chevy to become available in 2012, several people are wondering what each side gets out [...]

    Posted by Kahne-RBR Deal Makes Sense To All Those Involved | Lead Lap's NASCAR News | August 12, 2010, 2:55 pm
  11. [...] since Kasey Kahne announced that he signed a contract with Hendrick Motorsports, there was speculation that Budweiser would leave Richard Petty Motorsports. Harvick and RCR were [...]

    Posted by Budweiser To Sponsor RCR’s No. 29, Harvick | Lead Lap's NASCAR News | August 17, 2010, 4:15 pm
  12. [...] If Francis moves to RBR to serve as crew chief for Kahne, it is likely — assuming he doesn’t sign a multi-year deal with RBR — to fuel speculation that Francis will also leave RBR following the 2011 Sprint Cup Series season to move with Kahne to Hendrick Motorsports’ No. 5 team. [...]

    Posted by Can Francis’ Move To RBR Affect Dale Jr In 2012? | Lead Lap's NASCAR News | September 16, 2010, 1:25 pm
  13. [...] signed a contract with Hendrick Motorsports for the 2012 Sprint Cup season. But, because HMS had a full stable of [...]

    Posted by Report: Francis To Join Kahne At RBR | Lead Lap's NASCAR News | October 11, 2010, 2:20 pm
  14. [...] Mark Martin to finish his final season in Hendrick Motorsports’ No. 5 Chevy,  Kahne’s 2012 ride. The move will put him in that car five races [...]

    Posted by Kahne Released From Richard Petty Motorsports | Lead Lap's NASCAR News | October 21, 2010, 4:13 am
  15. [...] Kahne announced he was leaving the team back in April, after signing a deal with Hendrick Motorsports to drive the No. 5 in 2012. He was slated to drive for Red Bull Racing next season; and he was [...]

    Posted by Richard Petty Motorsports In Danger Of Going Under? | Lead Lap's NASCAR News | October 23, 2010, 2:11 pm
  16. [...] this season, Kasey Kahne signed a deal to drive for Hendrick Motorsports in 2012. Following nearly four months of speculation on Kahne’s plans for 2011 (Hendrick had the maximum [...]

    Posted by Petty With Help Of Investors Takes Control Of RPM | Lead Lap's NASCAR News | November 29, 2010, 7:50 pm
  17. [...] Martin, who is entering the final year of his contract with Hendrick Motorsports and will be replaced in 2012 by Kasey Kahne, said that he was not done racing, and wouldn’t retire in [...]

    Posted by Martin ‘Absolutely, Without A Doubt’ Plans To Race In 2012 | Lead Lap's NASCAR News | January 27, 2011, 4:49 pm
  18. [...] Insurance will sponsor Kasey Kahne when he moves to the No. 5 Hendrick Motorsports Chevy in 2012, the team announced. Farmers reached an agreement with HMS that will runs through [...]

    Posted by Farmers To Sponsor Kahne, No. 5 In 2012 | Lead Lap's NASCAR News | June 8, 2011, 2:38 pm
  19. [...] in contention for the No. 4 Red Bull Racing Toyota that will be vacant when Kasey Kahne leaves to drive the No. 5 Hendrick Motorsports Chevy next [...]

    Posted by Bowyer Wants To Re-Sign With Richard Childress Racing | Lead Lap's NASCAR News | June 27, 2011, 2:22 pm
  20. [...] April of 2010, Kahne signed a multi-year deal with HMS to drive the No. 5 Sprint Cup Chevy. At the time, Mark Martin was slated to drive the car in 2011. [...]

    Posted by Francis To Join Kahne At Hendrick Motorsports In 2012 | Lead Lap's NASCAR News | July 28, 2011, 1:09 am
  21. [...] who will leave Hendrick Motorsports’ No. 5 Cup team at season’s end to make way for Kasey Kahne, has said in the past that he is looking for a part time ride next [...]

    Posted by Martin To Join Stewart Haas Racing Part Time? | Lead Lap's NASCAR News | August 26, 2011, 4:20 pm
  22. [...] Kasey Kahne got behind the wheel of a Hendrick Motorsports Chevy for the first time. Kahne will replace Mark Martin in the No. 5 Chevy next year, with Farmer’s Insurance appearing as a sponsor. Kahne said: There were more differences than [...]

    Posted by Kahne Tests Hendrick Motorsports No. 5 For First Time | Lead Lap's NASCAR News | October 18, 2011, 12:49 pm

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