However, while both parties are said to be agreed on wanting to continue working together, reports have suggested that Bowyer is putting a very different dollar value on his worth to the organisation than Childress is inclined to, and that the two parties are far apart on the financial terms of any new deal.
Bowyer was quick to deny this: "No, no," he said. "We're on the same page as far as what we're up against. I don't have a job until we find money and he doesn't have a fourth team until they find some money. It's as simple as that ... It's not that we're fighting and bickering or disagreeing on money or whatever else."
Bowyer's negotiating position is not as strong as it could be, as right now he looks set to miss out on a Chase spot despite being in 12th place in the points. He'll need a win either this weekend at Atlanta or next weekend at Richmond to have a shot at getting in via a wildcard. He's also running out of time, as his current RCR contract expires at the end of this season.
The situation has now been further complicated by news that Richard Petty Motorsports have made Bowyer an offer for next year to try to woo him away from RCR.
"We gave him an offer recently and are hoping to hear back from him," said RPM majority owner Andrew Murstein on Sirius XM NASCAR Radio at the weekend.
Murstein had already said earlier this year that Bowyer headed his list of drivers should the team - which was nearly forced to shutter its garage in last winter over financial problems before racing legend Richard Petty stepped back in to assume control - be in a position to expand to a three-car line-up with Bowyer potentially joining Marcos Ambrose and AJ Allmendinger.
Pundits are still unconvinced that RPM has the resources to pull off a three-car team even now, and a move by Bowyer would be a major gamble for the 32-year-old Kansas native, but Bowyer is leaving the possibility open if only as leverage in his talks with RCR.
"I'm weighing all options, every option," he agreed. "You're not doing yourself any justice not to."
Fastenal move to Cup to sponsor Edwards
Now that Carl Edwards has re-signed with Roush Fenway Racing, RFR are busy sorting out the sponsorship situation on his #99 car.
The team announced today that construction industry fastener distributor and supplier Fastenal will be the primary sponsor for Edwards in 17 of the 36 Sprint Cup races in 2012.
Fastenal has been Edwards' Nationwide Series sponsor for the last two years where they have visited victory lane together five times. With Edwards deciding to wind down his Nationwide appearances next year it seems that the company have decided to move series to continue to be able to stand by their man.