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Robert Yates Racing, Newman-Haas Racing to reveal plans to merge Friday

Updated: July 25, 2007, 8:00 PM ET
By Angelique S. Chengelis | ESPN.com

INDIANAPOLIS -- Mergers continue to be the name of the game in NASCAR Nextel Cup series racing this year.

Robert Yates Racing and Newman-Haas Racing will reveal on Friday its plans to merge, a source close to the situation confirmed to ESPN.com. A formal news conference has been set for that afternoon at Indianapolis Motor Speedway.

This announcement comes on the heels of the merger acquisition of Dale Earnhardt Inc., and Ginn Racing, as reported by ESPN.com on Tuesday.

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