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Ganassi and DEI merging?
Uh-oh...looks like someone forgot to invite the Petty's to the party. This is on Nascar.com...much more reliable than Jayski.
This is from Lee Spencer who is usually very reliable.
Chip Ganassi Racing with Felix Sabates and Dale Earnhardt Inc. have entered discussions that could lead to a merger between the two organizations, foxsports.com reported Tuesday.
Such a union would bring together the Nos. 41 and 42 cars of Ganassi and the Nos. 1 and No. 8 cars of DEI, according to the report.
Also want to add that this is from Lee Spencer who is usually dead on.
Juan Montoya drives the No. 42 car, but Ganassi has not named a driver for the No. 41 car. Martin Truex Jr. is the driver of the No. 1 car, and Aric Almirola drives the No. 8, which has not named a sponsor for next year.
One of Montoya's current sponsors, Texaco Havoline, will not return to the car next year, but Ganassi has a partial sponsorship locked in with Wrigley's for the No. 42.
That the two organizations are aligned with different manufacturers is a complication. DEI runs Chevrolets and maintains an engine alliance -- Earnhardt-Childress Racing Technologies -- with Richard Childress Racing, which also is in the Chevy camp.
Ganassi has a contract with Dodge that runs through 2010. According to the report, the expectation would be for the newly formed team to move to Chevrolet, if details can be worked out with both manufacturers. General Motors, which produces the Chevrolet brand, and Dodge majority owner Cerberus Capital also have explored the possibility of a merger between the automakers.
This is from Lee Spencer who is usually very reliable.
Chip Ganassi Racing with Felix Sabates and Dale Earnhardt Inc. have entered discussions that could lead to a merger between the two organizations, foxsports.com reported Tuesday.
Such a union would bring together the Nos. 41 and 42 cars of Ganassi and the Nos. 1 and No. 8 cars of DEI, according to the report.
Also want to add that this is from Lee Spencer who is usually dead on.
Juan Montoya drives the No. 42 car, but Ganassi has not named a driver for the No. 41 car. Martin Truex Jr. is the driver of the No. 1 car, and Aric Almirola drives the No. 8, which has not named a sponsor for next year.
One of Montoya's current sponsors, Texaco Havoline, will not return to the car next year, but Ganassi has a partial sponsorship locked in with Wrigley's for the No. 42.
That the two organizations are aligned with different manufacturers is a complication. DEI runs Chevrolets and maintains an engine alliance -- Earnhardt-Childress Racing Technologies -- with Richard Childress Racing, which also is in the Chevy camp.
Ganassi has a contract with Dodge that runs through 2010. According to the report, the expectation would be for the newly formed team to move to Chevrolet, if details can be worked out with both manufacturers. General Motors, which produces the Chevrolet brand, and Dodge majority owner Cerberus Capital also have explored the possibility of a merger between the automakers.
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Replies to This Discussion
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Permalink Reply by Beagle7 on
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THREE! lol unless Felix Sabates sells his grandkids into indentured servitude to fund the 41...lol
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Permalink Reply by RGordonNo#1 on
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from Jayski.com
OFFICIAL - Earnhardt and Ganassi Form New Four-Car Team: Two of motorsports’ biggest names – Earnhardt and Ganassi – will launch a four-car team beginning in 2009 through the combination of the motorsports operations of Dale Earnhardt, Inc. (DEI) and Chip Ganassi Racing with Felix Sabates, Inc. (CGRFS). NASCAR stars Martin Truex Jr. and Juan Pablo Montoya will drive the #1 and #42 respectively and future star Aric Almirola will be behind the wheel of the #8. The driver of the #41 will be named in the near future. “In this ultra-competitive era of NASCAR, it is necessary to build and sustain the strongest team possible and our combining with the people and equipment at Dale Earnhardt Inc. will help create a strong four-car program for years to come,” said Chip Ganassi. “This is a win-win for both organizations as well as all of our partners.”
“Having a partner like Chip who is heavily involved on the competition side of the business is an ideal situation for DEI,” Teresa Earnhardt said. “He has a long history of managing championship teams in the IndyCar and Rolex Grand-Am Series and I share his passion and goals of winning races and ultimately championships in the NASCAR Sprint Cup Series. I think this is a case where we are stronger together than we are apart.” Details of the new four-car operation will be announced at a future date.
For more information log onto www.chipganassiracing.com and www.daleearnhardtinc.com.(CGRFS PR)(11-12-2008)
UPDATE 2: Teresa Earnhardt and Chip Ganassi will combine their slumping race teams next season, an effort to stabilize their organizations in a tough economic time. The combined team will be called Earnhardt Ganassi Racing and will field cars for Martin Truex, Aric Almirola, Juan Pablo Montoya and a driver yet to be named, two people familiar with the decision told the AP on condition of anonymity because the deal has yet to be announced. Both organizations have struggled to secure sponsorship this season, forcing the teams to pool resources. Truex and Almirola will come from Dale Earnhardt Incorporated; only Truex's car has full sponsorship for next season. Montoya has half a season of sponsorship, and Ganassi's flagship #41 has full sponsorship but no driver. DEI fields Chevrolets, and Ganassi has a Dodge contract. Details of a manufacturer switch still are being worked out as the team is expected to use General Motors.(Associated Press)
AND hearing approximately 110 people were laid off at DEI Wednesday.(11-12-2008)
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Permalink Reply by Butterknife7 on
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Could be worse....the could be switching to Dodges!
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Permalink Reply by Edward M. Corrado on
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Except Ford is where Dale Sr started with. So as far as Dale's legacy Ford would make a lot more sense.
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Permalink Reply by Mike/WC77 on
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Yeah what was all that BS about it being Dale's wishes for Teresa to run the company, not Jr?
Pretty sure Big E never thought Ganassi would be in any sort of controling position at his company. Say a prayer for Earnhardt, he's sure to be spinning in his grave today.
It's a sad, sad day for Earnhardt fans...
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Permalink Reply by Lance on
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It would be sadder had they gone out of business. Which was what was going to happen w/o this merger. along with a lot of people losing jobs. When you own a company, you have to make tough decisions and I personally think Teresa made the right one.
My question is how does this affect the top 35? Two teams in the top 35 (#01 and #15) will be cut. I imagine Richard Childress MIGHT be able to work something to get one of those for the #33 but if I remember correctly, when DEI acquired Ginn, Nascar didn't let them sell off the #13 and #14 team points. Team just bumped up the standing. With the #01, #15 and the #22 all going away next year, you have to think that Robby is a in good shape for next season. It could bump the #84, #77 and #10 into the top 35.
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They're laying off over 100 to make this happen. So how many did they have at the begininng of the week? & sorry Lance, I think it would've been better to put the sick dog down. This is Dale's legacy? Outsiders coming in, to do what? Keep the abomination going? It's horse shit Lance,& I'm callin it like it is. Sure hindsight is 20/20, but no doubt if Jr was still there would NOT been a nessecary evil. Lemme clarify one more time, There's Ganassi, Sabates, Siegel, Story, all gonna share the helm @ DEI? Whats missing from that equation....an Earnhardt maybe! Oh wait, there's that Teresa chick that nobody EVER sees! "When you own a company, you have to make tough decisions". I say, close the joint,& turn it into the Earnhardt legacy museum. It'd be better than whoring out your legendary husband's name! It's over, the dream is officially dead. RIP Dale, to you,& your dream.
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Are we even sure that Sabates will be a part of this? I noticed he is not in new moniker.
Secondly, I would not call it a "sick dog" They have good stuff. Mark Martin has run as well this year as he did with Roush the last few years. The other three drivers in my opinion are questionable at best. Truex is hit or miss. I think they have the equipment to compete.Their trouble is not performance, it's sponsorship. Ganassi brings a top line driver in Montoya and he is usually very good with sponsors, which is where DEI struggles.
The latest report is that 75 people will be let go, which is sad but it's a sign of the times.
Sorry, I know you have you opinion and I have mine.I see your point on some of this but I disagree.
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I get what your saying Lance. Your lookin at it from the business side of it. I see what your saying about the families that won't have to worry about finding a way to pay bills. I'm just lookin at it from a diff standpoint. Unfortunately theres no real "happy" answer at this point for DEI.
Here's a look ahead for you though. BPS,& Truex are both only signed for 2009. BPS has also been a big sponsor for Tony Stewart in his dirt efforts.
What do you think is gonna happen if DEI doesn't perform? Tony's not gonna have to work too hard to gain another primary...maybe a primary/driver combo. Then my friend, DEI is done. Makes me sick, but the writing's on the wall. She should've sold half, to the sports most marketable driver (& the company's namesake) when she had the chance. -
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