Official: Petty and Gillett Evernham Merge

Petty Holdings & Gillett Evernham Motorsports
Announce Agreement in Principle To Form New Team
STATESVILLE, N.C. – Gillett Evernham Motorsports (GEM) and Petty Holdings announced today an agreement in principle to form a new NASCAR Sprint Cup team co-owned by Richard Petty, Petty Holdings, owned by majority shareholder Boston Ventures, and Gillett Evernham Motorsports.
The team will field [...]