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sirius-speedway.com - 12/16/2008
BREAKING NEWS: Petty-GEM Deal Off
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Sirius Speedway has learned that the much-discussed merger between Gillett Evernham Motorsports and Petty Enterprises has run aground. Anonymous sources say that GEM laid off approximately 50 employees today, and that its NASCAR Nationwide Series team will either be eliminated or cut back ...

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Auto Racing Sport:  Report: Petty/GEM merger off, Sorenson cut to partial schedule

Jayski's NASCAR Silly Season Site:  Sadler officially back in the #19

Petty releases Labonte, now in talks with GEM - Dec 11, 2008
nascar.com - 12/11/2008
Petty releases Labonte, now in talks with GEM - Dec 11, 2008
— nascar.com — Six months ago, the future could not have been more promising for Petty Enterprises and Bobby Labonte . The historic race team had just agreed to a partnership with Boston Ventures, an investment firm that would provide needed capital to an ... (more) Petty releases Labonte, now in talks with GEM - Dec 11, ...

Comments vote down Bloggin' is Racin' found this 12/11/2008found this
CUP: Petty, GEM Still Talking
nascar.speedtv.com - 12/17/2008
CUP: Petty, GEM Still Talking
— nascar.speedtv.com — (more) CUP: Petty, GEM Still Talking
Comments vote down Racing News Digest found this 12/17/2008found this
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Report: Petty/GEM merger off, Sorenson cut to partial schedule
Auto Racing Sport — ... Reddin said that GEM will also restructure its engine department for 2009, to align with a reduced number of engine leasing customers next season. Sirius Speedway/Motorsports Soapbox Bookmark to:            ...

Sadler officially back in the #19
Jayski's NASCAR Silly Season Site — ... a fantastic series and we certainly look forward to racing a partial schedule in 2009, but we will not run the full season next year. We will remained focused on putting all of our effort behind the Cup program in 2009. GEM is very fortunate to have nearly all of our Cup sponsors returning in 2009 in addition to the new arrival of others." Reddin said that GEM will also restructure its engine department for 2009, to align with a reduced number of engine leasing customers next season.( Sirius Speedway/Motorsports Soapbox ) AND Over the last week, Gillett Evernham Motorsports ...

Allmendinger signed by Petty
Jayski's NASCAR Silly Season Site — ... a fantastic series and we certainly look forward to racing a partial schedule in 2009, but we will not run the full season next year. We will remained focused on putting all of our effort behind the Cup program in 2009. GEM is very fortunate to have nearly all of our Cup sponsors returning in 2009 in addition to the new arrival of others." Reddin said that GEM will also restructure its engine department for 2009, to align with a reduced number of engine leasing customers next season.( Sirius Speedway/Motorsports Soapbox ) AND Over the last week, Gillett Evernham Motorsports ...

Budweiser to leave NASCAR? Denied
Jayski's NASCAR Silly Season Site — ... a fantastic series and we certainly look forward to racing a partial schedule in 2009, but we will not run the full season next year. We will remained focused on putting all of our effort behind the Cup program in 2009. GEM is very fortunate to have nearly all of our Cup sponsors returning in 2009 in addition to the new arrival of others." Reddin said that GEM will also restructure its engine department for 2009, to align with a reduced number of engine leasing customers next season.( Sirius Speedway/Motorsports Soapbox ) AND Over the last week, Gillett Evernham Motorsports ...

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GEM has merger agreement with Petty Enterprises (AP)
sports.yahoo.com 1/9/2009 — Richard Petty's famed No. 43 Dodge was rescued from near ruin Thursday when Gillett Evernham Motorsports agreed to merge with Petty's slumping organization to create a new team.
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nascar.com 1/9/2009 — STATESVILLE, N.C. -- Richard Petty will remain a prominent figure in the garage. However, Petty Enterprises -- a 60-year staple in the Cup Series -- has closed its doors. Gillett Evernham Motorsports and Petty Holdings announced Thursday an agreement ...
Report: Petty Enterprises, Gillett Evernham Motorsports in merger talks
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Report: Petty Enterprises will merge with Gillett Evernham
sports.espn.go.com 12/31/2008 — Petty Enterprises has agreed to a merger with Gillett Evernham Motorsports, with a formal announcement of the deal expected next week, Foxsports.com reported, citing multiple sources. Petty Enterprises and team owner George Gillett agreed to a deal on ...
CUP: GEM, PE Deal Agreed To
nascar.speedtv.com 1/9/2009 — Gillett Evernham Motorsports and Richard Petty will join forces as agreed to in principle late Thursday...
Petty, Gillett Evernham complete deal to form new team (PA SportsTicker)
sports.yahoo.com 1/9/2009 — STATESVILLE, North Carolina (Ticker) -- Gillett Evernham Motorsports and Petty Holdings have agreed in principle to form a new four-car team that will run in the 2009 NASCAR Sprint Cup Series.
Petty, Gillett Evernham agree to merge teams
nbcsports.msnbc.com 1/9/2009 — Gillett Evernham Motorsports has reached a merger agreement with Petty Enterprises, creating a four-car team that will ensure the famed No. 43 races in 2009.
Report: Petty, GEM to merge (Yahoo! Sports)
sports.yahoo.com 12/31/2008 — Petty Enterprises will merge with Gillett Evernham, ending a 60-year run for the Pettys.
Kyle Petty: "There is no Petty Enterprises" (AP)
sports.yahoo.com 2/14/2009 — There won't be a Petty in the Daytona 500 for the first time in more than 40 years.
Bobby Labonte out at Petty Enterprises
blogs.orlandosentinel.com 12/12/2008 — Wherever the No. 43 is next year, it will be without Bobby Labonte. The driver reached a mutual agreement with Petty Enterprises to split next season despite not having a contract set up for 2009. "In over 15 years of racing in the Sprint Cup ...
Bobby Labonte disappointed about lack of success, sponsor at Petty Enterprises — Latest Daily Headlines 12/16/2008
Bobby Labonte says that he can’t be angry over his departure from Petty Enterprises. He is disappointed that the 2008 purchase of a majority of the team by investment company Boston Ventures didn’t produce the NASCAR Sprint Cup results he had anticipated.
Gillett Evernham Motorsports curtails Nationwide team, engine department — Latest Daily Headlines 12/16/2008
Another NASCAR Nationwide Series has decided to cut back, as Gillett Evernham Motorsports officials said Tuesday its No. 9 Dodge would run a partial Nationwide schedule in 2009.
Gillett Evernham Motorsports curtails Nationwide team, engine department — Nationwide Series News 12/16/2008
Another NASCAR Nationwide Series has decided to cut back, as Gillett Evernham Motorsports officials said Tuesday its No. 9 Dodge would run a partial Nationwide schedule in 2009.
Labonte looking for work after Petty split — NBCSports.com: NASCAR / Motors 12/16/2008
ARCHDALE, N.C. (AP) -Former NASCAR champion Bobby Labonte said Tuesday he's disappointed equity firm Boston Ventures couldn't do more for Petty Enterprises.
Gillett Evernham scales back Nationwide program — NBCSports.com: NASCAR / Motors 12/17/2008
STATESVILLE, N.C. (AP) -Gillett Evernham Motorsports will lay off about 65 employees in several departments as part of scaling back its Nationwide Series program next season.