Sources: Petty-Yates finalize deal to merge
Richard Petty Motorsports officially became a Ford operation on
Thursday.
Sources told FOXSports.com that the merger deal was signed
between principals from RPM and Yates Racing and the appropriate
paperwork was filed with Ford Motor Company.
Richard Petty Motorsports brings three additional teams to
the table, the Nos. 9, 19 and 43. Ford officials have said
repeatedly what a coup it was to gain Kasey Kahne, who finished
10th in the Sprint Cup point standings, into the fold as well as
28-year-old AJ Allmendinger. Elliott Sadler will also join the
driver roster which included Paul Menard from the former Yates
organization.
RPM is currently operating out of Statesville, N.C. The
former Yates Racing buildings in Concord, N.C. are currently being
remodeled to accommodate all four teams. That move is scheduled for
Speedweeks in February.