panther55dad Posted December 23, 2008 Share Posted December 23, 2008 Bill Davis, struggling to keep his team afloat during a fruitless search for sponsorship, has sold majority ownership of both his race team and his engine company. Mike Held, a California businessman, and Marty Gaunt, an executive with Bill Davis Racing, purchased majority interest from Davis. The duo said they've also taken control of Triad Racing Development, which supplied engines, chassis and bodies for all three of NASCAR's top series. Davis, The new company is named Triad Racing Technologies. Davis, who has been in NASCAR for more than 20 years, won the 2002 Daytona 500 with Ward Burton and the Truck Series championship this season with Johnny Benson. But he lost his Cup team sponsor and has been unable to secure funding for 2009. http://www.nascar.com/2008/news/headlines/...aney/index.html Link to comment Share on other sites More sharing options...
My3Daughters Posted December 24, 2008 Share Posted December 24, 2008 Probaly the first of a few more..... Link to comment Share on other sites More sharing options...
USNDocOfMarines Posted December 24, 2008 Share Posted December 24, 2008 More and more bad news keeps pouring out of NASCAR. What a shame. Link to comment Share on other sites More sharing options...
Bballer073001 Posted April 4, 2009 Share Posted April 4, 2009 But now he is with penske racing thats how the 77 got in the top 35 Link to comment Share on other sites More sharing options...
CAPTTIGER Posted April 4, 2009 Share Posted April 4, 2009 Hopefully most everyone can hang on and get through this bad time. I like to see lots of teams trying for entry spots each week. Link to comment Share on other sites More sharing options...
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