Browsing the "George Gillett" Tag

Petty With Help Of Investors Takes Control Of RPM

November 29th, 2010 | by Michael J Smith

After spending the last few weeks searching for investors to help him purchase majority interest in his racing team, Richard Petty has finally done just that. Petty and a group of investors including Andrew Murstein, of Medallion Financial Group and Douglas Bergeron, of DGB Investments, bought the racing assets of Richard Petty Motorsports today

RPM May Be Considering Switch From Ford To Toyota

October 27th, 2010 | by Michael J Smith

Richard Petty met with officials from Toyota and Michael Waltrip Racing Sunday and Monday, which could mean the team is considering a switch from Ford Fusions from Roush Fenway Racing to Toyota Camrys from

Rumor: Petty Attempting To Buy Majority Of RPM

October 25th, 2010 | by Michael J Smith

Rumor has it that Richard Petty is attempting to put together a deal that would allow him to purchase the majority interest of RPM from majority owner George Gillett

RPM In Default On $90 Million Loan

April 12th, 2010 | by Michael J Smith

Richard Petty Motorsports has been in default on a $90 million loan since February, but hopes to restructure the loan soon. Team owner George Gillett indicated that RPM did not miss payments, but an anonymous source indicate that's not the case.

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