Petty Enterprises To Merge With Gillett

By: Associated Press
By: Associated Press

Thursday Dec. 4, 2008
NEW YORK (AP) -- Petty Enterprises is in discussions to merge its storied franchise with Gillett Evernham Motorsports, The Associated Press has learned.

Multiple people familiar with the talks told the AP that the two teams are discussing a deal that would merge Petty's No. 43 Dodge with GEM to become a four-car operation. They requested anonymity because the negotiations are ongoing. first reported Thursday that Petty Enterprises' top operation will not return in 2009. But David Zucker, CEO of Petty Enterprises, said the report was "not accurate." He would not discuss a potential merger. "We're not going to comment on rumors and speculation," he said.

(Copyright 2008 by The Associated Press. All Rights Reserved.)

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