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Wednesday
September 19, 2007
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All Hail The King: GEM Wants To Team With Petty Enterprises

Evernham (l) And Petty
Could Soon Be Partners

Gillett Evernham Motorsports is "actively pursuing a merger that would make Petty Enterprises and GEM a four-car team," according to David Newton of ESPN.com. Sources said that the merger "likely would happen before the start of the 2008 Sprint Cup season." GEM majority Owner George Gillett Jr. "would only confirm that there have been discussions." To stay within NASCAR's four-car limit, GEM "would have to lose one of its three teams to merge with Petty," and the No. 10 Dodge driven by Scott Riggs "is the likely target" (ESPN.com, 9/18). SI.com's Tom Bowles wrote "a move to align with the Pettys would benefit both sides." It would give Petty "the inside information it needs to be successful. Most important, it would provide cash. GEM's seemingly limitless bank account should get Petty back on an equal financial level with some of the top teams in the industry." For GEM, the Petty name "carries marketing potential that few teams can match. Not only is [Richard Petty] still involved in the day-to-day operations of the team, but the charity work that son Kyle has accomplished continually puts him in the national spotlight more than most other drivers struggling to simply make races" (SI.com, 9/18).

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