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Archive for November, 2010

Paul Wolfe Promoted to Keselowski Cup Car for 2011

November 30, 2010 Comments off

PENSKE RACING ANNOUNCES PAUL WOLFE AS CREW CHIEF FOR
NO. 2 MILLER LITE DODGE IN 2011

MOORESVILLE, N.C. (November 30, 2010) – Just a few weeks after helping Penske Racing win its first NASCAR championship, Paul Wolfe has been selected to serve as crew chief for one of the most iconic teams in motorsports.

Wolfe, who led Penske Racing’s No. 22 car team to the 2010 NASCAR Nationwide Series title, has been named crew chief of the No. 2 Miller Lite Dodge team for 2011. Wolfe will continue to work with Brad Keselowski, who will take over as driver of the No. 2 Dodge beginning next season.

In their first season working together, Keselowski and Wolfe proved to be a dynamic combination in 2010. The duo produced six wins and five poles on their way to winning the Nationwide Series championship. The No. 22 Discount Tire/Ruby Tuesday Dodge team also established a new series single-season record with 26 top-five finishes and the team completed all but one lap of competition throughout the 2010 season.

“It’s an honor to get the opportunity to be the crew chief of the Penske Racing No. 2 Miller Lite Dodge team,” said Wolfe. “It’s been a fantastic 2010 season with Brad and the team and I’m excited about the challenge of moving up to the Cup Series next season and the opportunity to continue build on the legacy of the No. 2 car team with Brad behind the wheel.”

A former driver who accumulated six top-20 finishes in 16 career Nationwide Series starts, Wolfe first became a crew chief in 2006 with Fitz Racing. He moved on to CJM Racing in the Nationwide Series in 2009 before he joined Penske Racing as crew chief of the No. 22 team in November of last year.

“I’m excited for Paul and I look forward to continuing the momentum and success we had this season in the Nationwide Series,” said Keselowski. “We just seemed to click right from the beginning and we look to bring that same magic to the No. 2 Miller Lite Dodge team in 2011.”

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Colbie Caillat, Martina McBride added to NASCAR Awards Ceremony

November 30, 2010 Comments off

COLBIE CAILLAT

DAYTONA BEACH, Fla. (Nov. 29, 2010) – NASCAR has announced the addition of multi GRAMMY-Award winning singer-songwriter Colbie Caillat to the performance lineup for the 2010 NASCAR Sprint Cup Series Awards Ceremony, set for Friday, Dec. 3 at Wynn Las Vegas. Broadcast live on SPEED at 9 p.m. ET, Caillat will join country music vocal group Rascal Flatts and comedic host Frank Caliendo to create a fully star-studded celebration of the 2010 NASCAR season.
NASCAR fans tuning in live to SPEED will see Caillat, whose hit singles include “Bubbly,” “Realize,” and “Falling for You,” perform for the 2010 NASCAR Sprint Cup Series championship team and other drivers who finished in top 10 of this season’s final series standings. Caillat’s album COCO debuted at No. 5 on Billboard’s Top 200 Albums chart in 2007, and her Grammy-nominated follow up, BREAKTHROUGH, debuted at No. 1.
The 2010 NASCAR Sprint Cup Series Awards Ceremony will culminate NASCAR Champion’s Week, a postseason celebration of fan-friendly activities in Las Vegas.

MARTINA MCBRIDE

DAYTONA BEACH, Fla. (Nov. 30, 2010) – NASCAR today announced the addition of multi-platinum and award-winning recording artist Martina McBride to the roster for the 2010 NASCAR Sprint Cup Series Awards Ceremony, set for Friday, Dec. 3 at Wynn Las Vegas.
Known as one of the most spectacular voices in any musical genre, McBride will perform “America the Beautiful” for NASCAR drivers and teams. The ceremony will be broadcast live for fans on SPEED at 9 p.m. ET.
She will join an exciting performance lineup that includes country music vocal group Rascal Flatts, GRAMMY award-winning artist Colbie Caillat, comedic host Frank Caliendo, and a special performance by Cirque du Soleil’s “Viva ELVIS.”
McBride is a four-time CMA Female Vocalist of the Year, three-time ACM Female Vocalist of the Year and GRAMMY winning recording artist with more than 18 million career album sales and 23 Top 10 singles, including six number ones.
“I’m looking forward to singing for the NASCAR drivers and teams at this year’s awards ceremony,” said McBride. “NASCAR and country music go hand-in-hand and have one very important thing in common – the fans. They are the most loyal of any I’ve ever known and it’s always a thrill to perform live for such an enthusiastic and supportive audience.”
The breadth of McBride’s talents – as recording artist, producer, songwriter, and live entertainer – has made her an in-demand performer and personality, appearing multiple times on such high-profile television programs as “Oprah,” “Today,” and “Good Morning America” as well as “American Idol,” “Dancing with the Stars,” “The GRAMMY Awards,” “The Bachelorette,” “VH1 Divas,” “20/20,” and many more.
The 2010 NASCAR Sprint Cup Series Awards Ceremony will culminate NASCAR Champion’s Week, a postseason celebration of fan-friendly activities in Las Vegas

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Richard Petty and Investors buy Richard Petty Motorsports

November 29, 2010 Comments off

RACING ASSETS OF RICHARD PETTY MOTORSPORTS PURCHASED BY RICHARD PETTY, MEDALLION FINANCIAL, AND DGB INVESTMENTS

Concord, N.C. (November 29, 2010) – Racing legend and all time NASCAR win leader Richard Petty is back in the driver’s seat.

Richard Petty Motorsports signed and closed a sale of its racing assets to an investment group comprised of Richard Petty, Medallion Financial Corp. (Nasdaq:TAXI) and DGB Investments.

Richard Petty, a seven-time NASCAR champion has won 200 races, including 10 Daytona races.  Known in the NASCAR world as “The King,” Petty will serve as Chairman and will be actively involved in overseeing day-to-day operations of the company. As previously announced, the team will operate the legendary No. 43 car driven by AJ Allmendinger and the No. 9 car driven by Marcos Ambrose.

“Today is a great day for me, my family, our fans and our wonderful sponsors. Ford, Stanley Tools, Best Buy, Valvoline, Reynolds, Air Force, Super 8, Paralyzed Veterans of America (PVA), WIX Filters and Menards have supported me through thick and thin and I thank them from the bottom of my heart,” said Petty.

Andrew Murstein, President of Medallion Financial, commented: “We could not be happier to be able to acquire these assets together. Richard is one of the greatest names, not only in NASCAR, but in all sports. His name and image are a world recognized brand with unlimited potential to grow and expand in racing. Ample working capital has been invested in the company to insure this great team and legend will not only continue to perform, but will thrive and be back in the winner’s circle.”

“George and Foster Gillett deserve a great deal of credit for running a successful race team,” commented Petty. “They made a significant investment into the business and helped get back into Victory Lane. Going forward, we have put together an all-star ownership team consisting of myself, Medallion, and VeriFone CEO Doug Bergeron.”

Medallion Financial, a publicly traded investment company, has invested over $3 billion in companies since its IPO in 1996 and its board members include such notables as former New York Governor Mario Cuomo, former Connecticut Governor and Senator Lowell Weicker, and another “King” of his sport, Hank Aaron. The Murstein family is the largest shareholder in Medallion, owning approximately 20 percent.

DGB Investments is an investment vehicle of Canadian-born investor Douglas G. Bergeron, CEO of VeriFone Systems, Inc. (NYSE: PAY), San Jose, Calif.  In 2001, Bergeron and DGB participated in the acquisition of VeriFone Systems from Hewlett-Packard in a transaction valued at $50 million. Today, VeriFone’s market value exceeds $3 billion dollars and Bergeron remains CEO and one of the largest individual shareholders.

Douglas Bergeron commented, “With Richard Petty’s unmatched name and reputation in the motorsports industry, I know this investment is well-timed to succeed. We are going to help put Richard Petty Motorsports back in Victory Lane.”

Richard Petty concluded, “Our partnership with Andy Murstein and Doug Bergeron will help take us to a whole new level and I could not be more excited about our future.”

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Jimmie Johnson Again The Star As NASCAR Champion’s Week Returns To Las Vegas

November 27, 2010 Comments off

* Frank Caliendo, Rascal Flatts Headline Awards Ceremony At Wynn Las Vegas
* Popular Victory Lap On Famous Vegas Strip Again Planned
* NASCAR NMPA Myers Brothers Awards Luncheon To Be Showcased At Bellagio

DAYTONA BEACH, Fla. (Nov. 24, 2010) – The champion is crowned, the celebration awaits.
What a party it promises to be.

The 2010 edition of NASCAR Sprint Cup Series Champion’s Week in Las Vegas will fete Hendrick Motorsports’ Jimmie Johnson, who earned an unprecedented fifth consecutive series title following the Nov. 21 season-finale at Homestead-Miami Speedway.

Just a few days away, NASCAR Sprint Cup Series Champion’s Week is full of fan-friendly activities that showcase the nation’s No. 1 form of motorsports while honoring its top driver and its loyal fan base.

After a 28-year run in New York, the annual postseason celebration made its Las Vegas debut last year, capped, as always, by the champion’s Friday-night coronation. This year’s NASCAR Sprint Cup Series Awards Ceremony returns to one of the city’s premier resorts, Wynn Las Vegas, on Friday, Dec. 3.
SPEED will once again broadcast the event, live at 9 p.m. ET.

Comedian Frank Caliendo and country rockers Rascal Flatts will entertain during the awards ceremony. Joining them will be “Viva ELVIS by Cirque du Soleil,” a special performance of dance, acrobatics and music celebrating the King of Rock ‘n Roll, Elvis Presley.

The ceremony culminates several days of whirlwind activity involving not only the series champion, but also the other 11 drivers in the Chase for the NASCAR Sprint Cup – NASCAR’s “playoffs”. Those drivers, together with Johnson, comprise the top 12 in the series’ final standings.
“It’s just been an amazing experience, amazing for myself and the team,” Johnson said of his five-title run. “I think it’s been great for our sport to see the comparisons drawn to other sports that have been able to link together multiple championships. It’s been awesome, a ton of fun.”

For the second consecutive year, some of the thousands of fans who flock to catch a glimpse of stock car racing’s biggest stars will join drivers, team owners and industry leaders in celebrating Johnson at the awards ceremony. Approximately 300 tickets are available to fans, which are being distributed by tracks, NASCAR partners and teams through various promotions.

Fan tickets offer the following experiences:
· NASCAR NMPA Myers Brothers Awards Luncheon seats
· Access to “NASCAR After The Lap, Made Possible By Coca-Cola and Ford”
· Fan reception & Red Carpet walk prior to the awards ceremony
· Awards ceremony seats
Following is a complete rundown of NASCAR Sprint Cup Series Champion’s Week activities.

Wednesday, Dec. 1
· NASCAR Street Tour: Two tricked-out NASCAR interactive Ford vehicles are scheduled to appear all week throughout Las Vegas with dynamic street teams, interactive video games and free giveaways. (Detailed schedule TBD.)
· NASCAR Pit Stop Tour:The Pit Stop Tour program will run from Dec. 1-3, consisting of Official Partner show cars placed in iconic locations throughout the Las Vegas Strip. Brand ambassadors at each location (locations TBD) will be on site from 10 a.m.-6 p.m. for all three days, engaging the fans.
· Chasers for Charity Event at Las Vegas Motor Speedway: Gates open at 10 a.m. The Richard Petty Driving Experience will offer rides with a percentage of the proceeds being donated to charity. The speedway will offer tours of the facility. There will be interactive displays throughout the track’s “Neon Garage” and live music on the main stage from 11 a.m.-1 p.m. In addition, all 12 Chase drivers will participate in a Family Feud-style game show hosted by comedian Kevin Burke between 2-3:30 p.m. Admission to the Fanfest is free, and mass transportation will be available from the strip and downtown.

Thursday, Dec. 2
· NASCAR NMPA Myers Brothers Awards Luncheon: This annual industry/media event begins at 11 a.m., in the Bellagio Ballroom at the Bellagio and includes presentations to the Champion Crew Chief, Champion Sponsor, Raybestos Rookie of the Year and Most Popular Driver. Fans have the opportunity to attend for the first time. It is co-hosted by NASCAR and the National Motor Sports Press Association.
· Victory Lap: Set for 3:30 p.m., the top-12 drivers will motor down the famed Las Vegas Strip in their respective race cars. Expect an authentic pit stop along the route and two burn-out sections for drivers. Victory Lap begins in front of Planet Hollywood Hotel & Casino and ends at the Hard Rock Hotel & Casino.
Prior to Victory Lap at 3 p.m., Johnson will receive the Key to the City of Las Vegas from Mayor Oscar Goodman and Commissioner Tom Collins. Commissioner Collins also will present a Proclamation recognizing Champion’s Week and Johnson’s accomplishments.
· NASCAR After The Lap: This free fan event starts at 4:30 p.m., at the Hard Rock Hotel & Casino and features a question-and-answer session with drivers and an interactive Coca-Cola Fan Zone experience. Select fans will win NASCAR-themed prizes, including a 2011 Ford Taurus SHO. The Coca-Cola Fan Zone opens at noon, with doors to NASCAR After The Lap opening at 3 p.m. General admission seats are free, on a first-come, first-serve basis. Register for tickets at nascarafterthelap.com.

Friday, Dec. 3
· 2010 NASCAR Sprint Cup Series Awards Ceremony: The big show starts at 6 p.m., crowning the NASCAR Sprint Cup Series champion driver and owner and honoring the other drivers who finished in the top 10 in the final series standings.

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Four-Time May Take The Fifth With New Crew Chief

November 27, 2010 Comments off

Guest Column By Cathy Elliott

Anyone who still believes NASCAR has an off-season hasn’t been listening to the news.

Just three days after the organization won its fifth consecutive NASCAR Sprint Cup Series championship with driver Jimmie Johnson, Hurricane Hendrick flattened the racing community.

Hendrick Motorsports announced that three of its four Cup Series superstars would be working with new crew chiefs next year. Jeff Gordon will work with Alan Gustafson and the former No. 5 team, while Mark Martin will move over to the former No. 88 team to work with Lance McGrew. There will be no change for Jimmie Johnson, who will remain with Chad Knaus.

And Dale Earnhardt Jr.’s new home will be in the former No. 24 shop, as he is paired up with Steve Letarte in 2011.

The crew members, explained team owner Rick Hendrick in a press conference on Nov. 24, aren’t going anywhere. “We’re not shifting teams and putting guys in different buildings. We’ve got guys that are working together; they are still working together. We’re just changing the drivers and the teams,” he said.

The immediate response was also the most predictable: it’s all about Junior, who finished 21st in this year driver standings and hasn’t won a race since June 2008.

Now, Mr. Hendrick won’t come right out and admit Earnhardt’s disappointing season facilitated the change. In fact, he flatly denied it, saying, “This was not a move we made because of Dale or his situation. All those factors weighed into it, but I looked at the personalities, and the strong traits of each team and each crew chief and each engineer and then looked at the drivers and looked at starting to do something to make a change to pair up people that I thought would be better together.”

Still, the obvious conclusion is that Junior is NASCAR’s most popular driver by a country mile, and the sport becomes the beneficiary of fans’ largesse when he is winning, or at least threatening to win. They watch more, they spend more, and they care more.

But I have this little nagging voice in my ear, the same one that obsessively counts carbs and offers the opinion that a functioning smoke alarm is a better investment than a 27th pair of black shoes.

The voice is annoying, but it’s usually right, and right now it’s suggesting to me that perhaps this goes a little deeper than what is glaring at us from the surface. All the smoke is billowing around Junior, but maybe the hottest fire burns somewhere else.

Because Jeff Gordon hasn’t been looking all that happy lately.

Back in 2001, when he won his fourth Cup Series title, Gordon was seemingly unstoppable. He was the wonder boy, the young phenom who claimed his 50th career victory in fewer races than any other driver in history. He won four championships in seven years. Hendrick Motorsports may not be the “house that Gordon built” in the strictest sense, but he surely spruced the place up.

Legend has it that when Gordon approached Mr. Hendrick about putting a largely unproven NASCAR Nationwide Series driver into a Cup car in 2002, the response was something to that effect that Rick was amenable if Jeff was willing to “put your money where your mouth is.”

Gordon did indeed prove willing, and the investment has surpassed everyone’s expectations. Gordon’s viewpoint may well have shifted somewhat, and who could blame him? The view from the top looking down is much more scenic than the perspective from the opposite direction. Remember that old saying about the lead dog? Jeff Gordon has been staring at Jimmie Johnson’s happy tail-wagging routine for five straight years. That cannot be easy. Or fun.

Gordon has raced well, unless you equate good racing with winning. The wins have been scarce. As with Earnhardt nation, it has been drought season in Gordon country, which hasn’t seen a win since April 2009. That’s a very long time for the biggest of dogs.

Gordon’s long-time sponsor DuPont has left the building as the main primary sponsor on the No. 24 car, and he has watched his protégé become, for all intents and purposes, his successor. Just to add insult to injury, when Johnson’s prospects for that fifth title seemed in jeopardy due to substandard pit stops, why, he and Knaus just reached over and took Gordon’s entire crew, turning the phrase “take one for team” into a double entendre.

So it comes as no real surprise at all that in this dance of the crew chiefs, Gordon got a stellar partner. Gustafson guided Martin to a second place overall finish in 2009, and could well be exactly the right choice to inject new life into the No. 24 team and their driver, a not-so-old dog still more than capable of few new tricks.

Rolling over and playing dead would not be one of those tricks, by the way.

Junior wants to succeed, and will do whatever is necessary to make it happen. But while the rest of the world is intently watching him work so hard, jumping through the many hoops of all those high hopes for his racing future, keep your eye on Jeff Gordon. He could well prove to be the guy that ultimately gets the job done.

The opinions expressed in this articles are solely those of the author and not this website.

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