End of an Era: Richard Petty Sells Controlling Interest in NASCAR Team

Date

End of an Era: Richard Petty Sells Controlling Interest in NASCAR Team

It appears that for the first time in NASCAR’s 72-year history there won’t be a Petty as an active participant in the sport next year.

It was announced late Wednesday that long-time team owner Maury Gallagher has purchased the majority interest in Richard Petty Motorsports, effective immediately. The move effectively removes Petty

Family patriarch Lee Petty competed in the first Cup Series race at Charlotte in 1949, finishing an accident-related 19th. He raced virtually full-time (54 victories and three championships) until serious injuries ended his Hall of Fame career in 1963. By then, his eldest son, Richard, was well on the way to his own Hall of Fame career that included 200 victories and seven championships.

Late in Richard’s career, his son, Kyle, began his own driving career. He won eight races between his debut in 1979 and his retirement in 2008. He remains close to the sports as a well-regarded television commentator.

For the full story, check out this article from Road & Track.

Link To Article

More
News