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Post by loanshark on Sept 29, 2009 12:58:55 GMT -5
from facebook
Statement: Share Today at 1:51pm Foster Gillett has confirmed there are no major ownership changes contemplated at Richard Petty Motorsports. The Gilletts are the majority owners of Richard Petty Motorsports and plan on being so for a long time.
for what it's worth.
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Post by songsmith1950 on Sept 29, 2009 13:08:25 GMT -5
I can breath again...
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Post by chilipepper on Sept 29, 2009 13:13:13 GMT -5
Let's save this thread incase it needs revisiting after Homestead! But I certainly hope this is true!
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Post by pmossberg on Sept 29, 2009 13:22:03 GMT -5
Since there are two threads going on the same topic now, I'll add this link here too: Here is another article: www.prnewswire.com/news-releases/liverpool-signs-exclusive-deal-with-his-highness-prince-faisal-al-saud-62400292.htmlTwo key lines from this article: "This exclusive relationship will explore collaborative commercial opportunities specific to football, NASCAR racing, and interactive media in Saudi Arabia and the surrounding Middle East North Africa region." "The framework for a partnership in NASCAR has also been established to consider the development of a NASCAR racing circuit and Richard Petty racing schools in (...Saudi Arabia...) and elsewhere in the Middle East." I really see this not as intervention in RPM, but rather an investment in Gillette owned enterprises with the intent of broadening those enterprises into Saudi Arabia and the mid east.
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Post by songsmith1950 on Sept 29, 2009 14:33:08 GMT -5
Great find Paul! Perhaps this will put us on par with Hendrick and Roush moneywise? ?
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Post by chilipepper on Sept 29, 2009 14:51:49 GMT -5
Heck, I'll bet we have enough backing with these guys to buy out Roush and Hendrick! <joking>
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Post by altman43 on Sept 29, 2009 15:48:18 GMT -5
Yeah from a Public Relations standpoint. I would have released the same statement. Just tru to sugar coat it as best as possible. Altman43
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Post by chilipepper on Sept 29, 2009 16:02:16 GMT -5
Altman I'm afraid you are likely correct.
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Post by donmoos on Sept 29, 2009 18:03:15 GMT -5
ok lets all drink some petty blue kool aid before we get super depressed ............. ;D party like were stupid LOL
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Post by songsmith1950 on Sept 29, 2009 18:23:42 GMT -5
Petty Blue coming up now!!!! With nice Afghan table cloths and Muslin napkins.
I did say muslin.
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