The End of an Era? RPM folding??

Rumors have circulated for months but the demise of Petty Motorsports could be upon us. Since last weekend in Charlotte where Kasey Kahne had an apparent uncharacteristic temper tantrum, RPM has released Kahne (after asking him to first step aside) late last night, replacing him with Aric Almirola.

Now, Fox Sports reports from the Charlotte area say that Roush Fenway Racing and Roush – Yates have stopped delivery of equipment and repossessed cars and engines at RPM’s shops. According to the report no more cars are available to RPM after this weekend’s race at Martinsville. There were also reports that they may not have jobs after Martinsville.

The financial issues that Petty has endured are well documented. He sold to Boston Ventures in 2008 and then merged with Gillett – Evernham later that same season (which is where Kahne originated) . Earlier this year there were rumors of a large default on debt.

Speedway Media will bring more as it develops.

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