Sources: Petty Enterprise in merger talks

By: AP Email
By: AP Email

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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.
SI.com 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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