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Breach of contract

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Petty-GEM merger is announced

Published January 8, 2009, 6:24 pm, That's Racin'

Gillett Evernham Motorsports, seven-time Cup champion Richard Petty and Boston Ventures on Thursday announced an "agreement in principle" for a new Sprint Cup team resulting from a merger of their NASCAR interests. Gillett Evernham Motorsports (GEM) and Petty Holdings said the team plans to field three full-time Dodge teams and a fourth team on at least a partial schedule in 2009. No name was ...

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Petty, GEM complete deal, will run four cars in 2009 - NASCAR
STATESVILLE, N.C. -- Gillett Evernham Motorsports and Petty Holdings announced today an agreement in principle to form a new Sprint Cup team co-owned by Richard Petty , Petty Holdings, owned by majority shareholder Boston Ventures, and Gillett ...

Petty, GEM complete deal, will run four cars in 2009 - NASCAR
STATESVILLE, N.C. -- Gillett Evernham Motorsports and Petty Holdings announced today an agreement in principle to form a new Sprint Cup team co-owned by Richard Petty , Petty Holdings, owned by majority shareholder Boston Ventures, and Gillett ...

Petty, GEM merger announcement imminent. - Crash.net
The landscape of NASCAR's Sprint Cup Series is about to change - radically. According to reports on FoxSports.com and SceneDaily.com , Petty Enterprises is expected to lay off the majority of the 39 employees remaining at its shop in Mooresville, N.C ...

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