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NASCAR teams Petty Enterprises, Gillett Evernham in merger talks

 

Published 12/12/2008 at L.A. Times - Auto Racing

Petty Enterprises also parts ways with ex-champion Bobby Labonte. The team has cut about 70 jobs after losing sponsor General Mills. > The economic turmoil buffeting NASCAR widened Thursday as one of the sport's most venerable teams, Petty Enterprises, announced merger talks with the Gillett Evernham Motorsports team. (link)

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