Topic: DEI not purchasing RYR

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November 15th, 2006   Post 1
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Post; DEI not purchasing RYR


Dale Earnhardt Inc. Vice President Richie Gilmore disputed reports that his company could be buying all or part of Robert Yates Racing. During the race weekend at Phoenix International Raceway, DEI Technical Director Steve Hmiel confirmed that the company was in discussions concerning a purchase of at least part of RYR. He said the company could purchase RYR's shop and equipment, but that it could also acquire the #88 team and its owner points. The owner points could be transferred to the third DEI team of Paul Menard. On Tuesday, though, Gilmore said that the story had grown out of proportion. "Stories definitely grow in the sport and maybe it's a slow time of the year with the Chase not being quite as tight as it should be," Gilmore said. "It's one of them stories that grew. I told [DEI team owner] Teresa [Earnhardt], maybe if Teresa was going to go get a cup of coffee at 8 o'clock in the morning, by noontime around here she's going to buy a Starbucks. So I think the story kind of grew that way. It grew legs for sure. When asked if there was anything to the reports that DEI could be considering purchasing all or part of the team, Gilmore's answer was succinct. "No," he said. At Phoenix, when asked about the situation, team owner Robert Yates didn't deny he was in talks with DEI and said he planned to tell the #88 team its fate before this weekend's race at Homestead. The #88 has no driver and no sponsor for 2007 since Dale Jarrett and UPS are moving over to the Michael Waltrip Racing Toyota team.(SceneDaily.com)
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