Six months ago, the future could not have been more promising for Petty Enterprises and Bobby Labonte. The historic race team had just agreed to a partnership with Boston Ventures, an investment firm that would provide needed capital to an organization with 268 race wins, but none since 1999. The driver had just agreed to a four-year extension, with the promise that there would be a place for him within the franchise once his days behind the wheel were done. But no more. Labonte in talks with GEM.


For more info: http://www.nascar.com/2008/news/headlines/...onte/index.html

Kyle Petty no longer a part of storied Petty Enterprises, Says he was phased out following deal with outside firm
http://www.nascar.com/2008/news/headlines/...ises/index.html

i am afraid that the only part of the Richard Petty Legacy that will be left in NASCAR will be only the name in the history books and nothing else.

man what a shame. NASCAR is changing...and not in a good way.