GEM actively pursuing merger with Petty Enterprises
Updated: September 18, 2007, 2:47 PM ETBy David Newton | ESPN.com
STATESVILLE, N.C. -- George Gillett Jr., the majority owner of Gillett Evernham Motorsports, has been a big fan of seven-time NASCAR Cup champion Richard Petty for more than 30 years.Now he wants to be business partners. Gillett is actively pursuing a merger that would make Petty Enterprises and GEM a four-car team. Sources close to the situation say the merger likely would happen before the start of the 2008 Sprint Cup season, with Petty likely moving his ...
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