Michael McDowell will return to the Sprint Cup Series full time in 2013, driving for Phil Parsons Racing in the No. 98 Ford. Engines will come from Roush Yates Engines. Gene Nead will also return as crew chief. K-LOVE radio will be back to sponsor the team in the Daytona 500 at Daytona International Speedway, [...]
Hermie Sadler will drive TRG Motorsports’ No. 71 Eco Fuel Saver Chevy in the Goody’s Fast Relief 500 at Martinsville Speedway. This will be his second start for TRG. He said: I had a lot of fun running for TRG Motorsports last fall at Martinsville. Kevin Buckler asked me if I would be willing to [...]
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.
Layoffs have begun at Richard Petty Motorsports with the team letting go of 47 workers as it shuts down its engine department. After merging with Yates Racing, the team is switching to Fords, and will receive engines from Roush Yates Engines. The team will retain 17 employees to help with engines for the final two [...]