Petty Will Be Back Running Team This Year Nascar Report

Summary


CONCORD, N.C. | Richard Petty Motorsports, which struggled financially to make it through the final weeks of last season, will compete again this NASCAR season.

The Medallion Financial Group, along with investor Douglas Bergeron, purchased the team's assets late last year. With the purchase, Petty was given control of the racing operations, something he hadn't had when George Gillett owned the team.

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Petty Will Be Back Running Team This Year Nascar Report

"Before we invested, I told (Petty) that there were two things that we needed," said Andrew Murstein, president of Medallion Financial Grou...

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