The Fastlane Motorsports Forum

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Edwin! wrote:Any youtube video of the accident?

With 71 employees already in the unemployment line, Chip Ganassi Racing is looking to cut another 30 jobs from its stock-car operations, several current employees said Saturday. The team shut down the #40 Dodge earlier this week after it wasn't able to find a sponsor for driver Dario Franchitti. With that came layoffs, some of them surprising. Several team sources confirmed that department heads often weren't included in the decision-making process. Some employees who were laid off had been with SABCO Racing long before Ganassi bought the team from Felix Sabates in 2001. While the #40 Dodge was missing from Saturday night's Coke Zero 400 at Daytona International Speedway, most of that team still had a job. The cuts last week affected the #41 and #42 teams more than the 40. Most of the mechanics from Reed Sorenson's and Juan Pablo Montoya's team received their pink slips, replaced by members of the defunct team. Franchitti, the reigning IndyCar Series champion, has struggled to make the transition to stock cars. Ganassi has offered him a ride in the Nationwide Series for the rest of the season, but the Scot has yet to make a decision. Those left behind now are bracing for more cuts. Many of those who lost their jobs last week apparently didn't take the news well. In fact, the team had 12 police officers on hand to keep order

Teresa Earnhardt Looking to sell DEI? Sirius NASCAR Radio's Sirius Speedway is reporting today that Teresa Earnhardt has enlisted the services of Bear, Stearns and Company to find a buyer -- or at least a major financial investor -- for Dale Earnhardt, Inc. Bear Stearns is an investment bank, securities trading and brokerage firm based in New York City, and has been charged with finding a buyer for the entire operation. Barring that, Earnhardt is said to be interested in selling at least a minority interest in the team. DEI President of Global Operations Max Siegel declined to comment on the story when contacted earlier today.(Sirius NASCAR Radio's Sirius Speedway)(7-7-08 )
UPDATE: Max Siegel, President of Global Operations at DEI is currently in negotiations with major investors to buy Teresa Earnhardt out of DEI, a source close to the negotiations said Monday. It appears now that Teresa is finally willing to sell, and Siegel is working diligently with a number of potential investors to take the company over. Sources said Siegel would not just be buying a portion of DEI or a controlling interest, rather, he would be buying the entire company. Sources said, Teresa has agreed to walk away from the company entirely for the right price. That price is supposedly somewhere between $115-$130 million dollars. With one exception...Teresa would retain the rights to all "Dale Earnhardt' and 'Intimidator' rights and merchandise sales. Siegel would only be buying the DEI race teams, and real estate including all race shops and the DEI headquarters in Mooresville, NC. Sources said Siegel is very serious about the purchase and appears to have investors salivating over the opportunity to own the legendary team. In addition, Teresa has grown more frustrated with NASCAR nation following her fall-out with the sports most popular driver, and wants nothing more than to be out of the public eye for good.

UPS to #07? hearing UPS could move #07-Clint Bowyer of Richard Childress Racing, if os, no word where Jack Daniel's sposnorship would go, or if they would leave the sport.(7-1-2008)
UPDATE: Among the hot but unconfirmed rumors making the rounds in the Sprint Cup garage this week are that Richard Childress Racing will land UPS as a sponsor for Clint Bowyer’s #07 Chevrolet. Multiple sources indicated that Bowyer’s car was the favorite to take the sponsorship over from Michael Waltrip Racing and David Reutimann. One source close to the negotiations said RCR initially offered UPS #31-Jeff Burton, 41, but the delivery company wanted a younger driver with whom it could create a long-term identity and Bowyer is just 29. Burton, instead, will be sponsored next year by Caterpillar.(SPEEDtv)(7-6-2008)
UPDATE 2: Sirius Speedway has learned that UPS will move from Michael Waltrip Racing’s #44 Toyota to the quarterpanels of Clint Bowyer’s #07 Richard Childress Racing Chevrolet in 2009, leaving Jack Daniels in search of a new driver. That driver will be Ryan Newman, who is set to sign-on with Stewart at Haas CNC.(Sirius NASCAR Radio's Sirius Speedway)(7-7-2008)

Mears or Stremme to the #12? It appears to be a two-man race for Ryan Newman’s soon-to-be-vacant [#12] seat at Penske Racing, with Casey Mears and David Stremme in the running. Stremme is making a strong bid for the ride, doing yeoman work as Penske Racing’s test driver this season. In fact, Stremme’s name is being linked with as many as three different Cup openings next year.(Sirius NASCAR Radio's Sirius Speedway)(7-7-2008)

Villeneuve could run for Robby: #7-Robby Gordon is in talks with Jacques Villeneuve and Barry Green, for Villeneuve to run for Robby Gordon Motorsports in the Nationwide Montreal race on August 2nd and possibly a Sprint Cup ride in 2009. "I will send a car Nationwide Series in Montreal, no matter what happens," said Gordon. Much of the Nationwide deal and Cup ride deal depends if Villeneuve and Green can bring a sponsor along with the deal.(rough tranlation from Le Journal de Montreal/Canoe Sports)(7-7-2008)

UPDATE 2: Sirius Speedway has learned that UPS will move from Michael Waltrip Racing’s #44 Toyota to the quarterpanels of Clint Bowyer’s #07 Richard Childress Racing Chevrolet in 2009, leaving Jack Daniels in search of a new driver. That driver will be Ryan Newman, who is set to sign-on with Stewart at Haas CNC.(Sirius NASCAR Radio's Sirius Speedway)(7-7-2008)

ww1ace wrote:The end of that race sucked for me, since Jeff Gordon is my favorite. And I'm sick of Kyle Busch winning. NASCAR is starting to turn into F1, where if you have the right team, you have a perfect chance to win. No more driver talent involved in it anymore, it's only about money.

Jayski.com wrote:#20-Tony Stewart has been granted a release from the final year of his driving contract with Joe Gibbs Racing after ten seasons with the team, sources close to Stewart confirmed for ESPN.com Tuesday night. Stewart will formally announce his departure from the team Wednesday. On Thursday at Chicagoland Speedway, Stewart will formally announce a move to Haas/CNC Racing as co-owner and driver, sources close to Stewart said. Haas/CNC, which currently fields the #66 and #70 Chevrolets, will be renamed Stewart Haas Racing in 2009. Sources close to both sides told ESPN.com the deal will make Stewart the highest-paid driver in NASCAR. Sources also said the Stewart Haas cars will carry different numbers. The #14, made famous in IndyCar racing by Stewart's hero, A.J. Foyt, is available, but sources would neither confirm nor deny that as his choice. Sources said Stewart will own a 50% stake in the organization, but his financial investment in attaining it was not disclosed. As ESPN.com's David Newton initially reported, Office Depot will have a role in sponsoring Stewart's car. Ryan Newman remains the lead candidate to drive Stewart Haas' second car, sources said, though no deal had yet been finalized Tuesday night. Stewart Haas will continue to receive chassis and engines from Hendrick Motorsports. Haas/CNC's current drivers, Scott Riggs and Johnny Sauter, are ranked 36th and 44th, respectively, in the owner point standings. If the team's performance fails to improve its points position during the second half of 2008, Stewart's champion's provisional will guarantee him a slot in the field for the first five races next season, presuming NASCAR doesn't change the rule.(ESPN.com)(7-9-2008)

Lunatic Armchair wrote:

UPDATE 2: Sirius Speedway has learned that UPS will move from Michael Waltrip Racing’s #44 Toyota to the quarterpanels of Clint Bowyer’s #07 Richard Childress Racing Chevrolet in 2009, leaving Jack Daniels in search of a new driver. That driver will be Ryan Newman, who is set to sign-on with Stewart at Haas CNC.(Sirius NASCAR Radio's Sirius Speedway)(7-7-2008)

Do you think they'll change the number? The only reason they Chose 07 was because of the Product tie-in right?