Discussion

Petty: Chrysler 'stopped everything'

Updated: July 4, 2009, 10:27 AM ET
By David Newton | ESPN.com

DAYTONA BEACH, Fla. -- Chrysler is working on a deal to pay off some of its debt to Richard Petty Motorsports, co-owner Richard Petty said on Friday at Daytona International Speedway.

Petty said last month that Chrysler's bankruptcy put cash flow from the manufacturer to the organization on hold. The subsequent layoff of nine RPM employees also was blamed on anticipated cuts from the bankruptcy.

"They've stopped everything,'' he said of Chrysler's support.

Petty ...

Read full story

Comments

You must be signed in to post a comment

Already have an account?

ALSO SEE

MORE RACING HEADLINES