Bill Davis Racing sells majority stake in NASCAR teams

Full story: USA Today

Bill Davis Racing has sold its Triad Racing Development, a major supplier of NASCAR engines and chassis, along with a majority stake in its NASCAR teams to newly formed Triad Racing Technologies.
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1 - 3 of 3 Comments Last updated Dec 22, 2008
James

United States

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#1
Dec 22, 2008
 
Does this mean he still hold some ownership in the company? Sell majority stake leads me to believe he still owns some miniority.

Since: Dec 06

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#2
Dec 22, 2008
 
James wrote:
Does this mean he still hold some ownership in the company? Sell majority stake leads me to believe he still owns some miniority.
I read another article that said he sold out........It sounds like Bill is out
of racing.....
Whoyakidding

Durham, NC

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#3
Dec 22, 2008
 
During the interview with the new owners today on Sirius the question was asked what would Bill's new role on the team be and the response was that he would be pretty much like a godfather figure, someone they could go to for advise if they needed it. I read the response to say, not a bit. From what I'm hearing, Bill needs the money to keep his trucking company afloat.

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