Petty team eyes possible merger

Q: WHERE DOES PETTY ENTERPRISES STAND WITH REGARDS TO A MERGER?

ROBBIE LOOMIS: We’re very committed to Dodge at Petty Enterprises. If you read the news out there, everybody is talking to everyone about our merger. As the future unfolds, we all have to be smart on how we pay attention to how we operate and is there ways that we can be more efficient as we grow. That’s what will drive the decision of the future.

Q: IN REGARD TO MERGERS, FOR PETTY ENTERPRISES, IS THIS SOMETHING YOU HAVE TO DO TO GET TO WHERE YOU WANT TO BE?

LOOMIS: It’s a tough question. I think that our number one thing is…..in 2008 we wanted to move into a new shop. We wanted to move to Charlotte. We wanted to bring in an investor with Boston Ventures. We’ve got a new CEO in David Zucker. We have been looking at things…I know as I have the last couple years…we kind of saw that we were two cars and we wanted to get to four because years ago, NASCAR said there needs to be a four-car team. Then all of a sudden the landscaping is kind of changing and there are a lot of alliances. Before, a one or two car team was trying to hook on another two car team. Now, you’re seeing a four-car team and two-car team that want to attach to them and maybe grow to a four-car team to attach to that. Dodge Motorsports PR