It's official... after 60 years of being one of the giants in motorsports, Petty Enterprises is merging with Gillette Evernham Motorsports. The King is pictured ((thanks, Rusty Jarrett/Getty Images))
Following Lee Spencer of Foxsports, the papers were signed on Christmas Eve. An official announcement is due sometime next week.
From Spencer's piece...
"Most of the remaining 39 employees at Petty Enterprises will conclude their duties at the Mooresville-based shop on Wednesday. The company moved from its original shop adjacent to the Petty homestead in Level Cross, N.C., in January to what was formerly the Yates Racing complex."
The number 43 car, driven the last few seasons by Bobby Labonte, now becomes property of GEM with, likely, Reed Sorenson behind the wheel and the Air Force as the primary sponsor.
As an homage to the King, we give you the end of the race that catapulted stock car racing into the American consciousness- the end of the 1976 Daytona 500.
Bill Fleming and Jackie Stewart have the call...
((HT: ABC Sports/the youtube))
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