NASCAR » 13 September 2009
Petty expects Yates deal to be done soon
Team owner Richard Petty said the merger between Yates Racing and Richard Petty Motorsports, now in the form of a letter of intent, should be finalised within two weeks.
Petty said the team's move from Dodge to Ford, announced Thursday, presented the best opportunity for financial support from a manufacturer. He also indicated, to the best of his knowledge, vice president of competition Mark McArdle was no longer with the team.
“The deal with Dodge was not there,” Petty said Saturday from outside his motorcoach at Richmond International Raceway, “For us to continue and try to have more factory support, Ford was our best alternative.
“Right now, I can't tell you a whole lot, because there's not a whole lot went on. We just signed a letter of intent. When you do that, we don't have the particulars of who does what, who goes where - all that stuff. It has to be worked out in the next couple of weeks.
“We feel like [the deal can close in] a couple of weeks, because we don't feel like there's that much due diligence to do, because they've done a lot of it already.”
RPM's Kasey Kahne, AJ Allmendinger, Elliot Sadler and Yates Racing's Paul Menard constitute the announced driver line-up for next season, and Petty said he would like to see Allmendinger in the #43 Ford, replacing Reed Sorenson, but which driver is in which car will depend on sponsorship deals.
Petty said the plan is for all the teams to use engines built by Roush-Yates, the partnership that supplies engines to Roush Fenway Racing and Yates cars.
“The Yates engines - they're the only ones that build Ford engines right now,” he said, “So, instead of us starting into a new programme, why not use their programme, because they've got the new engine, that I've never seen, and they're working on that. Hopefully they can get some of that stuff going.”
Brian Wolfe, director of Ford Racing, said Saturday that Ford expected to introduce its new engine into competition before the end of the season. Which teams use it initially is still to be determined, but Ford drivers in the Chase will not. RPM has commitments to Dodge through the end of the season and, with Kahne a qualifier for the Chase, Petty would like to keep distractions to a minimum.
Click on relevant pic to enlarge
Start the conversation - Add your comment
Although the administrators and moderators of this website will attempt to keep all objectionable comments off these pages, it is impossible for us to review all messages. All messages express the views of the poster, and neither Crash Media Group nor Crash.Net will be held responsible for the content of any message. We do not vouch for or warrant the accuracy, completeness or usefulness of any message, and are not responsible for the contents of any message. If you find a message objectionable, please contact us and inform us of the problem or use the [report] function next to the offending post. Any message that does not conform with the policy of this service can be edited or removed with immediate effect.