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Saturday, August 13, 2022

Richard Petty Motorsports sells majority stake in NASCAR Cup group

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Airline entrepreneur Maury Gallagher, the proprietor of the GMS squad that claimed Truck titles in 2016 and 2020 with Johnny Sauter and Sheldon Creed, has additionally acquired two charters within the settlement and can run two automobiles through the 2022 season.

Erik Jones signed a contract extension with RPM in August and will stay within the group’s famed #43 automobile with Ty Dillon being the doubtless candidate for the second #94 entry.

Dillon, the youthful brother of 2018 Daytona 500 winner Austin, joined GMS Racing in October when it introduced intensions to run a full-time Cup operation subsequent yr.

“Richard Petty Motorsports has agreed to promote a majority curiosity to Maury Gallagher, proprietor of GMS Racing,” an announcement learn.

“Two charters are included within the settlement and will probably be operated through the 2022 NASCAR Cup Collection season. It is a particular second for each organisations, because the Subsequent Gen automobile permits a brand new chapter to be written.”

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GMS has by no means beforehand competed within the Cup Collection, however has been a daily in NASCAR since its first participation within the Truck Collection in 2013. It additionally competed within the Xfinity Collection between 2016 and 2019.

RPM was fashioned in 2009 when a shortfall in sponsorship pressured the storied Petty Enterprises group – with which NASCAR legend Richard Petty gained his seven Cup titles – right into a merger with Gillett Evernham Motorsports.

Jones is prone to keep on at GMS-owned RPM group in 2022

Photograph by: John Harrelson / NKP / Motorsport Images

It merged with Yates Racing the next yr, and has been owned by Petty and Andrew Murstein for the reason that pair’s buyout of the group late in 2010.

Greatest identified for operating Dodge gear, RPM switched to Ford for 2010 and has run Chevrolet-badged equipment since 2018 when it introduced an alliance with Richard Childress Racing.

Jones completed twenty fourth in his first yr as a Petty driver following his swap from Joe Gibbs Racing, with a finest end of seventh on the Indianapolis street course.

Dillon ran part-time this yr throughout all three nationwide divisions after operating full-time on the Cup degree within the 4 years prior with superspeedway specialist Germain Racing.

Additional particulars concerning the acquisition and the group’s 2022 plans will probably be revealed subsequent Tuesday on the NASCAR Corridor of Fame.



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