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Frye gets new deal from Red Bull Racing

Updated: September 16, 2008, 1:14 PM ET
By Mark Ashenfelter | ESPN.com

Jay Frye had options, including the chance to work for Stewart-Haas Racing next season, but he has agreed to a multiyear contract extension to remain with Red Bull Racing.

Hired as the team's general manager in January, the new deal also makes him the team's vice president.

ESPN's Marty Smith reported on Sept. 5 that Frye had an offer from Stewart-Haas to become the team's vice president and GM. That same week, Frye flew to Austria to meet with Red Bull executives ...

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