STP and ‘The King’ will reunite at Kansas Speedway

STP signed their first deal with Richard Petty in 1972, forever changing the motorsports sponsorship landscape. This year they are proud to celebrate their 40th Anniversary with “The King.”

As part of the celebration, STP will be back on the No. 43 Ford Fusion for the second consecutive year during the STP 400 at Kansas Speedway. The No. 43 STP Ford Fusion will feature the iconic Petty Blue and STP Day-Glo Red colors and will be piloted by new Richard Petty Motorsports driver, Aric Almirola.

STP’s winning relationship with Petty shows that STP has truly been “The Racer’s Edge®” for the past 40 years and they have been delivering power and performance to consumers since the brands creation in 1954. STP believes the more power you put in, the more muscle you will get out.

Last year the STP brand announced its re-entry into the racing community with a presence in multiple series’ including NASCAR, NHRA, World of Outlaws, Infineon Speedway, and at several International Speedway Corporation (ISC) tracks.

Source: RPM PR

 

Richard Petty Motorsports forms new Nationwide team

Richard Petty Motorsports announced today the formation of a new NASCAR Nationwide Series team with driver Michael Annett and his long-time partner Pilot Flying J. The team will be run out of RPM’s Concord, N.C. race shop and will vie for the NASCAR Nationwide Series championship.

Annett, a native of Des Moines, Iowa, comes to Richard Petty Motorsports after spending last season at Rusty Wallace, Inc. He has posted 13 top-10 finishes in 105 Nationwide Series starts and drove to a ninth-place finish in the championship points standings last season.

Born into a family with a rich racing heritage, Annett began his own racing career in 2007 competing in the ARCA Series. In only his fourth start, Annett drove his Pilot Travel Centers machine to victory lane at Talladega (Ala.) Superspeedway. He drove to victory once again in the ARCA Series the next season at Daytona International Speedway and also piloted an entry in the NASCAR Camping World Truck Series in eight events that season. In 2009, he moved to the Nationwide Series with Germain Racing and posted four top-10 finishes en route to a 10th-place effort in the point standings. He remained at Germain through 2010 and in 2011 competed for RWI.

Source: RPM Press Release

Aric Almirola signs to drive famed No. 43 Ford Fusion for RPM in 2012

Richard Petty Motorsports announced today that Aric Almirola will drive the legendary No. 43 Ford Fusion in NASCAR Sprint Cup Series competition beginning in 2012.

Almirola has made 35 starts in the Sprint Cup Series, his most recent stint coming in 2010 when he finished the last five races of the season in the No. 9 Ford. During the final race of the season at Homestead-Miami Speedway, the Tampa, Fla., native posted a career-high, fourth-place effort. Almirola drove a JR Motorsports entry in the NASCAR Nationwide Series in 2011 and capped off a successful season with a fourth-place finish in the championship point standings.

Almirola will join a team that is poised to compete for a spot in the 2012 Chase for the NASCAR Sprint Cup. Paired with veteran Crew Chief Greg Erwin, Almirola will get behind the wheel for a team that earned one top-five and 10 top-10 finishes in 2011 en route to a 15th-place finish in the owner point standings.

Almirola began his racing career competing in go-karts before joining the open-wheel modified ranks in 2000. He was an original member of the Joe Gibbs Racing (JGR)/Reggie White Drive for Diversity program. Almirola made his NASCAR Camping World Truck Series debut in 2005 and began his Nationwide Series career in 2006, driving for JGR. Almirola drove a part-time Cup Series schedule for Dale Earnhardt, Inc. in 2008 before heading back to the Truck Series and earning a runner-up finish in the point standings in 2010. Almirola drove full time for JR Motorsports in the Nationwide Series in 2011.

Sponsor Best Buy leaves Richard Petty Motorsports, lands at Roush Fenway Racing

According to Reuters, BEST BUY has moved it’s sponsorship to Rousch Fenway Racing, leaving the famed N0. 43 Richard Petty Motorsports.

 

Best Buy will Best Buy will serve as primary sponsor of Carl Edwards’ No. 99 Ford for two races and the Matt Kenseth No. 17 Ford for nine races.  In addition, Best Buy will serve as associate sponsor for each.

 

Richard Petty Motorsports statement:

 

“We have had a successful and rewarding relationship with Best Buy for the past few years and appreciate all they have done for us,” stated Richard Petty, co-owner of Richard Petty Motorsports. “Although it is very disappointing that Best Buy is changing directions at this late date, we wish all of our friends there the best in their future endeavors. Our plan has always been to run a two-car team in the NASCAR Sprint Cup Series in 2012 and we are continuing down that path,” said Petty. “We have several partners that remain committed to the #43 team. We will move forward and explore all of our options in regard to the #43 program in the coming weeks.”

 

Sources: Reuters, RPM Release

STP making comeback to Richard Petty Motorsports, ISC track sponsorships

STP returns to racing via widespread sponsorships.

To mark its 39 year history in racing, STP announced it’s return to sponsorships in NASCAR Sprint Cup, Nationwide Series & ISC (International Speedway Corporation) race tracks.

The beginning of the sponsorship will be the June 4th Nationwide Series event at Chicagoland Speedway. This will be the STP 300 and then the June 5th Sprint Cup race will be the STP 400.

A.J. Allmendinger, driver of Richard Petty Motorsports #43 Ford Fusion, will be a modern replica of the 1972 paint scheme featuring the original Petty Blue and STP Day-Glo Red. Richard Petty proudly drove the No. 43 STP car for 200 wins during his racing career – 100 more than any other driver. “Since `72, I’ve been an STP man, so I’m thrilled to see one of the RPM cars out on the track with the STP paint scheme,” said Richard Petty, team owner of Richard Petty Motorsports.

STP has signed multi-year contracts sponsorship deals with Daytona, Talladega, Richmond, Darlington, Michigan, Chicagoland & Kansas. They will also continue sponsorship of Tony Stewart Racing and four-time World of Outlaws Champion Donny Schatz and the World of Outlaws Series.

“Since our initial sponsorship with Richard Petty almost 40 years ago, we’ve understood the power of racing and the ability to connect with our consumers through the sport,” said Dave Lundstedt, CEO of Armored AutoGroup Inc. “We are excited to be continuing that relationship with the fans and adding another chapter to our storied racing history with a diverse stable of sponsorships.”

Richard Petty, Medallion Financial and DGB Investments purchase assets of Richard Petty Motorsports

Richard Petty appears at Homestead-Miami Speedway's Media Center. Photo by Sandi Goodhall

SAVE THE KING!!

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 is President of Medallion Financial, a publicly traded investment company which 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.

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.”


Kasey Kahne released from Richard Petty Motorsports (RPM)

Official release:
Concord, N.C. (October 20, 2010) – Kasey Kahne has been released from his driving duties with Richard Petty Motorsports effective immediately. Aric Almirola will pilot the No. 9 Budweiser Ford Fusion in the NASCAR Sprint Cup Series event this weekend at Martinsville (Va.) Speedway. Driver line-up beyond Martinsville is to be determined.
Aric Almirola to drive the No. 9 Ford Fusion at Martinsville Speedway.
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Further Information:
Kasey will fulfill his appearances/autograph sessions schedules till the end of the season.
Multiple sources had confirmed to SPEED.com that Roush Fenway Racing, which builds RPM’s cars, briefly repossessed RPM’s Talladega cars and engines because of non-payment. Roush Fenway Racing allowed RPM to take the cars back Thursday morning, sources told SPEED.com. Additionally, sources said that one of the reasons Kahne was released from the team is that RPM owed him a substantial amount of back salary.
A number of Richard Petty Motorsports employees who had planned to join Kasey Kahne at Red Bull Racing next year were told my management today that their services are no longer required, effective immediately.
Kasey Kahne will drive the #83 at Red Bull Racing for the final five races after being released by Richard Petty Motorsports.