Petty Team To Merge With Yates Racing
Richard Petty Motorsports and Yates Racing announced today they have signed a letter of intent to merge operations in time for the 2010 season. The four-car team will race Fords under the Richard Petty Motorsports banner.
“This is a pretty big deal for us,” Petty said. “We’re thrilled to partner with Ford. We’ve talked with a lot of folks, but in the end it came down to the success the Gilletts and I think we can achieve with Ford Racing. Right now this deal is real new. There are lots of details still left to be ironed out so we don’t have a lot of answers for anyone right now. We’ll be working on all that in the coming days, weeks and months, but we do intend to have everything in place before the start of next season. I’ve won races with Ford and plan to again.”
The Petty team has been racing Dodges.
“Richard and Kasey (Kahne, one of the RPM drivers) showed us Sunday night in Atlanta that they like winning quite a bit and Ford is going to provide the support that we need to go to victory lane more often,” Foster Gillett of RPM said. “If you are going to compete with the other teams in this sport you need a lot of support. We bring a lot to this relationship as well. We’ve won twice this season and the power of Richard Petty is hard to beat, plus we have the support of some of the biggest names in corporate America.”
In addition to Kahne, the Petty team fields cars for Elliott Sadler and A.J. Allmendinger.
Yates has Paul Menard driving one of its cars. Its other car is being shared by Bobby Labonte and Erik Darnell.
“This is certainly a great opportunity for both Yates Racing as well as Ford Racing,” Max Jones, president of Yates Racing said. “I have had a long-term relationship with Ford and look forward to continuing that relationship at Richard Petty Motorsports. Over the coming weeks we will continue to work with Ford and Richard Petty to lay out the best plan for Paul Menard and all of the employees at Yates Racing. We will continue to field both the No. 98 and No. 96 Ford Fusions for the remainder of the season and look forward to continued success on the track with Paul, Bobby Labonte and Erik Darnell.”2 Comments