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Nascar and Racing

Petty, Yates Teams to Combine Forces

Richard PettyRICHMOND, Va. -- Two of the biggest names in NASCAR -- Richard Petty Motorsports and Yates Racing -- announced Thursday they have signed a letter-of-intent to merge for the 2010 season and will field a four-car Ford team under the Richard Petty Motorsports (RPM) banner.

Current Yates driver Paul Menard and current RPM drivers Kasey Kahne, Elliott Sadler and A.J. Allmendinger will be the drivers.

"This is a pretty big deal for us," Richard Petty said. "We've talked with a lot of folks, but in the end it came down to the success the Gilletts (co-owner George Gillett and his sons) and and I think we can achieve with Ford Racing.

"There are lots of details still left to be ironed out so we don't have a lot of answers for anyone right now. We'll be working on all that in the coming days, weeks and months, but we do intend to have everything in place before the start of next season. I've won races with Ford and plan to again."

"I am very pleased that Richard Petty Motorsports has made the decision to switch to Ford," said Brian Wolfe, director of Ford North America Motorsports. "They had choices to consider other than Ford and it's gratifying to us that they have enough faith in the Ford Motor Company and what we're doing to make the switch."

"What's also really cool to me is the chance to have someone with the class and legacy of Richard Petty involved with Ford. Combine that with the chance to work with the Gillett family, who we have great respect for, and add some great drivers to the Ford camp, well, it's hard not to be excited about this opportunity.''

The Petty team's switch from Dodges to Fords leaves only Roger Penske's three-car operation in the Dodge ranks. and dispels season-long rumors that RPM would be fielding Toyotas in 2010.

George Gillett bought majority control of what was then Evernham Motorsports in 2007 (the company was renamed Gillett Evernham Motorsports after the deal was completed). Team founder Ray Evernham eventually sold most of his interest to Gillett in 2008 and relinquished almost all involvement with the organization -- which again changed names to Gillett Motorsports -- at that point.

Gillett and the legendary Petty joined forces following the 2008 season to form (and rename yet again) Richard Petty Motorsports. Evernham remains a small minority shareholder, but is not active in the organization's operation.

Thursday's news effectively means that Reed Sorenson, who moved to RPM this season to drive the No. 43, and former Cup champ Bobby Labonte, who moved from the former Petty Enterprises to Yates Racing after last season, will both once again be free agents at the end of this season. It also leaves the status of Eric Darnell, who will replace Labonte in the No. 96 Ford for six of the remaining 11 Cup races on the schedule in what was considered somewhat of a tryout on the Cup series for the young driver, uncertain for next season.

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