JTG Daughtery Racing co owner Tad Geschickter told Sirius XM Radio’s Dave Moody that the No. 47 Sprint Cup team will likely maintain its current alliance with Michael Waltrip Racing and Toyota in 2012, despite published reports  that JTG and MWR would end their alliance to accommodate MWR’s third team for Clint Bowyer , which is expected to be announced at Kansas Speedway.
We are looking at a number of different options that will enable us to continue to share notes and technical support with Michael Waltrip. [This partnership] has definitely helped us be a better team. As it looks today, we are going to assert some independence. But we continue to work every week with Michael to figure out what (the relationship) is going to look like.
Geschickter did confirm that the No. 47 would move from the MWR shop to its own shop in Harrisburg, NC. The team is currently working on a deal to remain with Toyota in 2012.
The team plans to make an announcement regarding its driver lineup and manufacturer soon. Geschickter expects Bobby Labonte to be back. He said:
Bobby and I shook hands, which is all we’ve ever needed to do. Short of signing a contract, we’re feeling pretty good about getting that done.
Geschickter also indicated that in 2013, the team would like to expand to a multi-car operation.