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Sabates says Ganassi 'keeping our options open' in merger talks

Updated: November 4, 2008, 2:49 PM ET
By David Newton | ESPN.com

LAS VEGAS -- Felix Sabates was emphatic three months ago that the NASCAR Sprint Cup organization he co-owns with Chip Ganassi was not looking to merge with another company.

Now the company is negotiating with several organizations, including Dale Earnhardt Inc. and Petty Enterprises.

"We're talking to a lot of different people," Sabates said on Tuesday. "We're keeping our options open. Obviously, the way things are going today with sponsors, unless you have the sponsors ...

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