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Looming decisions to shape future of Petty Enterprises

Updated: June 9, 2008, 2:59 PM ET
By David Newton | ESPN.com

CHARLOTTE, N.C. -- The future of Petty Enterprises will become clearer on Wednesday.

NASCAR's most famed organization has called a news conference for 11 a.m. ET Wednesday at Lowe's Motor Speedway. Among the expected topics are a partnership with Boston Ventures Management and the re-signing of Bobby Labonte.

Seven-time champion Richard Petty, Labonte and Kyle Petty are among those that will attend.

Richard Petty has been negotiating a deal with Boston ...

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