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. Full Story
James

United States

#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

Location hidden

#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

Cary, NC

#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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