Discussion

GEM actively pursuing merger with Petty Enterprises

Updated: September 18, 2007, 2:47 PM ET
By David Newton | ESPN.com

STATESVILLE, N.C. -- George Gillett Jr., the majority owner of Gillett Evernham Motorsports, has been a big fan of seven-time NASCAR Cup champion Richard Petty for more than 30 years.

Now he wants to be business partners.

Gillett is actively pursuing a merger that would make Petty Enterprises and GEM a four-car team.

Sources close to the situation say the merger likely would happen before the start of the 2008 Sprint Cup season, with Petty likely moving his ...

Read full story

Comments

You must be signed in to post a comment

Already have an account?

ESPN TOP HEADLINES

MOST SENT STORIES ON ESPN.COM