Gillett Evernham considering merger with Pettys

UPDATE The ball is in the court of Richard Petty as to whether there is a merger/partnership between Petty Enterprises and Gillett Evernham Motorsports. George Gillett, the majority owner of GEM, said he hoped to at least maintain a commercial relationship with the Pettys regarding their exchange of engines and chassis. "Whether it goes further, that's up to Richard,'' Gillett said. Petty announced this past week that he is moving Petty Enterprises from Level Cross, N.C., into the Robert Yates Racing shop in Mooresville, N.C. He said the move is being made independent of talks with any organization wishing to partner with his. Gillett has expressed an interest in combining the two companies in a manner that would allow Petty Enterprises to maintain an identity. He would not say whether talks were ongoing, but did acknowledge a recent trip to the Victory Junction Gang Camp that the Pettys run for chronically ill children. "I don't know if I've cried as an adult as much as I did there,'' Gillett said. ESPN.com

10/08/07 Alex Gillett still hopes to work out a partnership with Petty Enterprises, although he admits talks have slowed. "What you've got is one of the most storied people in the sport," the co-owner of Gillett Evernham Motorsports said. "There is a lot of emotion attached to what they want to do in the future and who they want to move into the future with. I can respect that. If that means give them space or not space. We did it with Ray." Negotiations to merge Gillett with owner Ray Evernham lasted at least four months longer than anticipated because an underground storage tank had to first be removed from Evernham's property in Statesville, N.C., for environmental reasons. "A lot of people criticized us for taking too long to close," Gillett said. "Well, nobody asked us the question of why. Each one of these has a life cycle. You can't push it." Meanwhile, Gillett said GEM officials are talking to two or three drivers to replace Scott Riggs in the #10 next season. He acknowledged that Canadian driver Patrick Carpentier is a strong candidate even though he has only one Nextel Cup start. David Stremme, who was not re-signed by Chip Ganassi Racing, also is a candidate. "I'm not sure if you bring somebody like a Patrick Carpentier and throw him right into Nextel Cup," Gillett said. "So we've got some other good options in the No. 10 car we're exploring. We'll see over the next couple of weeks where that ends up." ESPN.com