New Owners For Richard Petty Motorsports
Richard Petty is back in the driver’s seat.
Richard Petty Motorsports has signed and closed a sale of its racing assets to an investment group comprised of Richard Petty, Medallion Financial Corp. (Nasdaq:TAXI) and DGB Investments.
Petty, a seven-time NASCAR champion has won 200 races, including 10 Daytona races. Known in the NASCAR world as “The King,” Petty will serve as chairman and will be actively involved in overseeing day-to-day operations of the company. As previously announced, the team will operate the iconic No. 43 car driven by AJ Allmendinger and the No. 9 car driven by Marcos Ambrose.
|The Stock Car Gazette e-zine for Monday 11/29/2010||TV Times: NASCAR says 2010 was most competitive season. What do you say?|