Gillett Evernham Motorsports has filed suit against Robby Gordon saying the owner/driver of Robby Gordon Motorsports violated terms of a tentative agreement that would have sold his team to GEM for $23.5 million earlier this year.
The deal, agreed to Jan. 29, was pending an audit and other due diligence from GEM, which could have adjusted the price.
If the deal had gone through, Gordon would have had a four-year driving contract with GEM that would have paid him $3 million annually plus 45 percent of race winnings as well as insurance and other provisions customary for NASCAR driver agreements – a package likely worth at least $5 million annually. Gordon also could have had a spot on the team’s board of directors. GEM would have acquired Gordon’s shop and property in Charlotte.
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So Silly Season has officially ended for David Stremme with the “surprise” announcement that he is taking over the Penske 12 car in 2009.
While Stremme has a few top five finishes in the Nationwide series, he has produced little in his Cup series career. Since he began racing in Cup in 2005, he has no wins, no poles, top fives and only three top ten finishes. He has led only 11 laps. His average start has been 26th and his average finish… also 26th.
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I’ve been reading the news and the thoughts of other people the last couple weeks, forming my own opinions and wondering what would make a good piece for the MotorSportsNews.Net website. Nothing jumped out, so here’s some “bits and pieces”…
I’m sorry to see Dario Franchitti leave Nascar after one season, but I understand the desire to return to where he had success in the past. Here’s wishing him well and who knows? Maybe he’ll come back someday with another team.
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Hopefully some of you received (finally) your Google Groups invitations to subscribe to the Stock Car Gazette… about 500 of you were supposed to, anyway. I’ll do my best to keep you from getting duplicate postings from us while we transition to Google Groups, but if you do get dups, just let me know.
Check out all the latest in NASCAR and ARCA RE/MAX right here in today’s Stock Car Gazette.
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