INDIANAPOLIS -- Suspended Sprint Cup owner/driver Jeremy Mayfield has sold his hauler and inventory of cars and parts to John Carter, who plans to compete in as many races as he can the rest of the season.
Carter said the deal included six cars, including one Terry Labonte will use in Sunday's race at Indianapolis Motor Speedway.
Labonte has agreed to drive in five races -- Indianapolis, Michigan, Bristol, Atlanta and Charlotte -- and could drive in more if sponsorship is available.
Carter will run the team out of his shop in Toccoa, Ga., and the shop Mayfield rented in the Charlotte, N.C., area. Four of Mayfield's crew members, including crew chief Tony Furr, are now employed by Carter.
The deal did not include an opportunity for Mayfield to drive for Carter if cleared.
"That wasn't even discussed,'' Carter said.
Mayfield was suspended on May 9 after testing positive for methamphetamines. The suspension was lifted by a federal judge in June, but reversed earlier this week.
Mayfield plans to use all of his resources to fund his legal suit against NASCAR. He has maintained he never used methamphetamines, that the positive test was the result of combining Claritin D for allergies with Adderall for Attention Deficit Hyperactivity Disorder.
His attorneys have filed papers showing Mayfield tested negative to methamphetamine on the same day he tested positive in a second test conducted by the laboratory representing NASCAR.
NASCAR maintains that test is not valid.
Carter said Mayfield's legal issues were not a factor when he decided to purchase the equipment.
"This was strictly a business deal,'' he said. "It was good for me. I hope it was good for him.''
David Newton covers NASCAR for ESPN.com. He can be reached at email@example.com.