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Evernham talks with sponsors about new partnership

Updated: June 6, 2007, 1:22 PM ET
By David Newton | ESPN.com

CHARLOTTE, N.C. -- Nextel Cup team owner Ray Evernham took another step on Wednesday toward finalizing his partnership with Montreal Canadiens owner George Gillett Jr., informing his more than 35 sponsors collectively on how the deal will work.

Evernham has been negotiating for months an agreement that will give Gillett substantial ownership of his organization.

He told sponsors the partnership will allow him to focus more on the competition side of the business and ...

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