Former Indy 500 Winner Sullivan Looks To Buy Bill Davis Racing
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Bill Davis May Be Open To Selling Team
Due To Rising Costs To Stay Competitive |
Former Indianapolis 500 winner Danny Sullivan "has put an offer together to purchase the Bill Davis Racing operation in NASCAR," according to Bruce Martin of SI.com. Sullivan: "I've been pursuing it but haven't gotten a response from [Owner Bill Davis]. He's still dreaming on the price. I have a partner who has lined up the money to do this and we've been kicking around on some stuff. [Davis] is off on the numbers and had some bigger people chasing it." Davis said, "We've talked to several people, yes. All we've ever talked about with anybody is the entire operation." Davis "admitted that the only reason he is open to selling his team is the skyrocketing costs involved to keep a competitive NASCAR Sprint Cup team on the track during the grueling season." When asked if he would remain involved in the operation if the team is sold, Davis "acknowledged he would like to be part of it." Sullivan also "admitted that when Caterpillar decided to leave Bill Davis Racing and sign with Richard Childress Racing for the 2009 season, it has an economic impact on the amount Sullivan's group is prepared to offer Davis" (SI.com, 8/16).
JOINING FORCES: With NASCAR driver Ryan Newman signing a multi-year deal with Tony Stewart's Stewart Haas Racing, SI.com's Lars Anderson wrote, "This is, unquestionably, a big victory for Stewart. Newman was the top free-agent driver in the garage, and several teams were willing to throw a mountain of money at him" (SI.com, 8/15). In Detroit, Mike Brudenell added, "This marriage will create another powerhouse Sprint Cup outfit that ... will challenge Joe Gibbs Racing, Hendrick Motorsports and Roush Fenway Racing for top-dog billing next season." Stewart "hasn't finalized sponsorship for Newman's No. 4 Chevy next season but doesn't see the tough economic climate as a problem." Stewart: "There are sponsorships available. It's just finding the right packages and the right combinations. ... Hopefully, in the next couple of weeks we'll have something locked down" (DETROIT FREE PRESS, 8/16).
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