Latest Petty Enterprises Stories
Posted: May 17th 2009 8:10 PM ET by Holly Cain (RSS feed)
Filed Under: Petty Enterprises, Indianapolis Motor Speedway, IRL
Ryan Hunter-Reay wasn't fast enough to earn a spot in next Sunday's
Indianapolis 500 as he exited Turn 4 on his final lap of qualifying Sunday at the famed Indianapolis Motor Speedway.
But somehow, someway, the 28-year-old Floridian conjured up just enough speed in the final few seconds -- the final hundred yards -- to make the field by three hundredths of a second (.03) bumping out Canadian
Alex Tagliani, who was sitting in his car, next in line to qualify, as the traditional gun shot sounded ending qualifications.
Posted: Feb 20th 2009 2:52 PM ET by Geoffrey Miller (RSS feed)
Filed Under: Kyle Petty, Petty Enterprises

Former
Sprint Cup driver
Kyle Petty made some interesting comments last weekend at
Daytona that were somewhat swept under the rug.
Of course, the factors of the race being the biggest on the circuit and the controversy that followed will often do that news stories of smaller value.
However, Petty's words indicated that there was obviously a healthy dose of tension between him and the rest of the leaders at the now-former
Petty Enterprises -- including his father, Richard -- thanks to the business moves the team has made in the past year.
Posted: Jan 14th 2009 1:30 PM ET by Geoffrey Miller (RSS feed)
Filed Under: A.J. Allmendinger, Bobby Labonte, Elliott Sadler, Petty Enterprises, NASCAR Rumors, Sprint Cup, Gillett-Evernham Motorsports

Did you really think the NASCAR world could keep quiet during this offseason?
First, we had
Elliott Sadler being
canned from his then
Gillett-Evernham Motorsports ride just months after signing a multi-year contract extension.
A.J. Allmendinger, they said, was taking over the ride.
Then,
Richard Petty and the oh-so-struggling
Petty Enterprises worked out a merger with GEM, a fellow Dodge team
to create a still unnamed four-car team that includes the famed No. 43. Somehow, such a merger was a positive move for Sadler, as he was reinstated to the ride he had originally been taken out of.
Perhaps the newly-formed team didn't want to deal with a near-certain lawsuit Sadler was going to throw their way?
With Sadler back in, the Petty merger complete, Allmendinger signed up to run a handful of races based on sponsorship for the team, the NASCAR world appeared to slow.
Posted: Jan 9th 2009 4:30 PM ET by Geoffrey Miller (RSS feed)
Filed Under: Elliott Sadler, Kasey Kahne, Petty Enterprises, Sprint Cup, Gillett-Evernham Motorsports

I suppose you could chalk this up as one of those deals that just makes you want to go "hmmm."
Not only did one of NASCAR's most-storied organizations lose much of its independent identity thanks to a merger cued from financial necessity, but a driver thought to be on axe from the other merged team is back in the fold.
In other words, just another day in the always unpredictable world of NASCAR.
Posted: Dec 13th 2008 2:57 PM ET by Geoffrey Miller (RSS feed)
Filed Under: Bobby Labonte, Petty Enterprises, Sprint Cup

Warning: Objects in this post may be the only way to successfully live through the NASCAR off-season. For best results, read rearview mirror early and often.
Driver: Bobby Labonte
Team: No. 43 Petty Enterprises Dodge
'08 Final Standing: 21st (-3236)
Best Race: Amp Energy 500 at Talladega (6th-place)
Worst Race: Centurion Boats at the Glen (42nd-place)
Season in a box: 2008 was Labonte's third season in his bid to return Petty Enterprises to a higher level of competitiveness than it had seen for much of last decade or two. Needless to say, the experiment didn't go as planned.
Posted: Dec 11th 2008 12:08 PM ET by Geoffrey Miller (RSS feed)
Filed Under: Bobby Labonte, Petty Enterprises, NASCAR Silly Season

Less than a year ago -- February to be exact --
rumors were swirling that
Bobby Labonte would finish 2008 with
Petty Enterprises and move to
Richard Childress Racing for 2009.
It made sense at the time because Labonte's sponsor, General Mills, signed on at RCR to sponsor a 4th team at the operation and Labonte had a contract to drive 15 races for RCR in the
Nationwide Series. Eventually, that rumor fell apart and Labonte re-signed with Petty for four more years.
Thursday, however, those plans completely changed again when Labonte and Petty agreed to amicably part ways immediately -- leaving the 2000
Sprint Cup Series champion without a ride for the moment in 2009 and continuing a nasty downward spiral of Petty Enterprises.
Petty plans to still run, at a minimum, a single-car team in 2009 but doesn't yet have a driver lined up.
Looking back, I can imagine that if the opportunity was available for Labonte to move to RCR like the rumor said, he's probably kicking himself slightly right now. However, we don't know for sure if such an offer was on the table and you surely can't fault Labonte for his loyalty.
Posted: Dec 10th 2008 9:43 AM ET by Geoffrey Miller (RSS feed)
Filed Under: Bobby Labonte, Kyle Petty, Petty Enterprises

The famed No. 43, the legendary Petty blue and everything that NASCAR's "King"
Richard Petty helped to produce in his legendary 200-win and seven-championship career at
Petty Enterprises seems to be slipping fast.
The team
released 35 to
39 more employees this week on top of over over 30 that were let go immediately following the
Sprint Cup season-finale at
Homestead-Miami Speedway in November, bringing the total to nearly 70 people. ESPN says roughly 54 people remain at the shop.
Those 54 people are apparently waiting on any bit of good news that may come their way in terms of their employment -- and that news might just involve a merger with
Gillette-Evernham Motorsports. Such a deal would see the famous No. 43 and possibly 2000 Sprint Cup champ
Bobby Labonte move to the GEM stable to create a four-car team.
ESPN's David Newton said a possibility remains that the merger would happen and Labonte move to the GEM No. 41 Target ride while
A.J. Allmendinger takes over the No. 43.
Petty's problems come directly from the fact that the team lacks full-season support for the two teams it wants to race in 2009 -- Labonte's No. 43 and a car for the young Chad McCumbee. General Mills left the team at the end of 2008 and will sponsor
Richard Childress Racing's
Clint Bowyer in 2009.
Even more surprising is that a face of Petty Enterprises no longer associates himself with the team.
Posted: Nov 9th 2008 12:54 PM ET by Geoffrey Miller (RSS feed)
Filed Under: Kyle Petty, Petty Enterprises, Sprint Cup

There's been a lot of turmoil in the
Petty Enterprises camp as of late thanks to a number of problems facing the once dominant (like, 20 years ago) but now struggling race team thanks primarily to the funding coffers starting to dry up.
The problem is simple -- PE wants to race two teams next season with
Bobby Labonte and
Chad McCumbee full time with current driver
Kyle Petty on a part-time basis without having any sort of adequate funding. So naturally, when money gets tight, people turn sour, and problems arise.
As a result, Kyle Petty (Richard Petty's son who has been in the NASCAR game since 1979 with eight career wins)
might be ride-less in 2009 in a move that would likely end what has been a slow trickle down of the number of races he's entered in the past two years.
"Right now, I got nothing," Petty said Saturday at Phoenix, where he'll start 35th in his last race of the year. "Straight up, I got nothing. So I'm still just looking."
Sunday's race at
Phoenix International Raceway (FanHouse is live-bloggin' it again!) will be Petty's last race of the 2008 season because the up and coming McCumbee will try to make the season finale next week at
Homestead-Miami Speedway. Petty has tested with and considered running in a road course racing series in 2009 -- a medium of racing he has some prior experience in.
Posted: Oct 18th 2008 7:13 PM ET by Geoffrey Miller (RSS feed)
Filed Under: Dale Earnhardt Inc., Petty Enterprises, Sprint Cup

NASCAR's two biggest names -- Earnhardt and Petty -- might fall under the same banner in the near future in the latest sign of how NASCAR's middle-of-the-road teams are struggling to keep pace with multi-car and mega-supported teams in the
Sprint Cup Series.
While Dale Earnhardt and Richard Petty never were true rivals on-track, the competition between each drivers' stats always persisted. Earnhardt never matched Petty's incredible 200-win total, but in 1992, he reached seven championships in NASCAR's top division to tie "The King".
Knowing that, it seems especially weird that at least one team representative acknowledge this weekend that
Dale Earnhardt Inc. and
Petty Enterprises have had discussions about joining forces.
"I think in this time, in this sport, anybody running from one team to three teams is talking to somebody, and anybody with four teams is trying to get to eight teams," said Loomis, vice president of race operations for Petty Enterprises.
Loomis likened it to what has been taking place throughout the financial world in recent weeks. Organizations such as Petty Enterprises and DEI, which are short on sponsorship dollar commitments for next season, are trying to align themselves with larger companies that are on more solid financial ground.
So there you have it.