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Evernham Motorsports
Evernham Motorsports was an American professional stock car racing organization that competed in the NASCAR Cup Series. The team was founded in 2000 by former Hendrick Motorsports crew chief Ray Evernham, entering full-time competition as a two-car operation in 2001 and fielding additional full-time entries in alliances with Ultra Motorsports and the Valvoline corporation. The organization was renamed Gillett Evernham Motorsports in 2007 after former Montreal Canadiens and Liverpool F.C. owner George Gillett bought a controlling interest from founder Evernham, and merged with Petty Enterprises in 2009 to become Richard Petty Motorsports. Team history Evernham Motorsports was founded in 2000 by former crew chief Ray Evernham, who won three championships atop the pit box for Jeff Gordon and Hendrick Motorsports. Evernham was named a team manager and owner for Daimler Chrysler's return to NASCAR's top level through their Dodge brand, leading the development of the Intrepid R/T r ...
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Richard Petty Motorsports
Richard Petty Motorsports (RPM) was an American professional stock car racing team that competed in the NASCAR Cup Series. The team was founded as a result of the merger between Gillett Evernham Motorsports (GEM) and Petty Enterprises, with former Montreal Canadiens and Liverpool F.C. owner George Gillett having a controlling interest in the organization. In late 2009, the team merged with Yates Racing and consequently switched to Ford for the 2010 season. Evernham had no involvement in the team by this time. After funding issues due to the Gillett family's financial woes, in November 2010, an investment group including Andrew M. Murstein and his Medallion Financial Corporation, Douglas G. Bergeron, and Richard Petty himself, signed and closed sale on racing assets of Richard Petty Motorsports."Taxi tycoon Andrew Murstein is revved to build race track in New York, bring sport to fans." NY Daily News, December 14, 2010 (http://www.nydailynews.com/gossip/2010/12/14/2010-12- ...
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Ray Evernham
Raymond Donald Evernham Jr. (born August 26, 1957) is an American consultant for Hendrick Companies, formerly an auto racing crew chief for Bill Davis Racing and Hendrick Motorsports, owner of his own team Evernham Motorsports from 2001 to 2010, and analyst for ESPN's NASCAR coverage. A three time Winston Cup Series Champion with driver Jeff Gordon, in 1999, Evernham won the ''NASCAR Winston Cup Illustrated'' "Person of the Year". Evernham was inducted to the NASCAR Hall of Fame, Class of 2018. Evernham is the co-founder of the racing series Superstar Racing Experience (SRX). Racer Evernham was a modified racer. When he was 26 years old, he was hired by the International Race of Champions (IROC) as a chassis specialist. Drivers were impressed that he could translate what they were saying about the car's handling into technological adjustments. He crashed at Flemington Speedway in the middle of the 1991 season. He damaged his brain stem, which left depth perception impairm ...
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2007 Pennsylvania 500
The 2007 Pennsylvania 500, the twenty-first race of the 2007 NASCAR Nextel Cup season was held on Sunday, August 5, 2007 at Pocono Raceway in Long Pond, Pennsylvania. Background Qualifying Dale Earnhardt Jr. won the pole position after being allowed to requalify when a rainstorm interrupted his attempt which resulted in a 45-minute rain delay. NASCAR allowed Earnhardt to put on new tires and cool down his car because of the delay, when temperatures cooled down. Kevin Lepage (#37), Mike Bliss (#49), Kenny Wallace (#78) and A. J. Allmendinger (#84) all failed to make the race. Race Outside polesitter Kurt Busch would be the class of the field, dominating for 175 of 200 laps and taking his first victory since the Food City 500 at Bristol Motor Speedway in March 2006. While Busch dominated, the main story of the day was that of the polesitter. Dale Jr.'s team had brought an overly aggressive shock package to Pocono, and it was not working for them as the car was tight despite n ...
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ESPN
ESPN (originally an initialism for Entertainment and Sports Programming Network) is an American international basic cable sports channel owned by ESPN Inc., owned jointly by The Walt Disney Company (80%) and Hearst Communications (20%). The company was founded in 1979 by Bill Rasmussen along with his son Scott Rasmussen and Ed Eagan. ESPN broadcasts primarily from studio facilities located in Bristol, Connecticut. The network also operates offices and auxiliary studios in Miami, New York City, Las Vegas, Seattle, Charlotte, Washington, D.C., and Los Angeles. James Pitaro currently serves as chairman of ESPN, a position he has held since March 5, 2018, following the resignation of John Skipper on December 18, 2017. While ESPN is one of the most successful sports networks, there has been criticism of ESPN. This includes accusations of biased coverage, conflict of interest, and controversies with individual broadcasters and analysts. , ESPN reaches approximately 76 million te ...
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Petty Enterprises
Petty Enterprises (formerly Lee Petty Engineering) was a NASCAR racing team based in Level Cross, North Carolina, USA. It was founded by Lee Petty with his two sons Richard Petty and Maurice Petty. The team was later owned by Richard Petty, his son Kyle Petty and Boston Ventures. At the time of its folding the team operated the No. 43 and No. 45 Dodge Chargers in the NASCAR Sprint Cup Series. Petty Enterprises ran from 1949 until 2008. The team closed shop in January 2009 and merged with Gillett Evernham Motorsports after sponsorship could not be found for any of the cars in the Petty stable; the merged team took the name Richard Petty Motorsports, adopting a logo similar to that of Petty Enterprises' logo. In 2021, Richard Petty Motorsports became Petty GMS Motorsports. Petty Enterprises formerly held the title of winningest team in NASCAR Cup Series for 61 years, beginning in 1960 with a win by Lee Petty. At the time of the team's final victory, it totaled 268 wins in the s ...
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Controlling Interest
A controlling interest is an ownership interest in a corporation with enough voting stock shares to prevail in any stockholders' motion. A majority of voting shares (over 50%) is always a controlling interest. When a party holds less than the majority of the voting shares, other present circumstances can be considered to determine whether that party is still considered to hold a controlling ownership interest. In the United States, Delaware corporations have a 2/3 vote requirement for a motion to pass. In theory, this could mean that a controlling interest would have to be over two-thirds of the voting shares. A 2019 study published in the Virginia Law Review said dual-class stock structures, common to newly public technology companies, creates governance risks and costs, including the potential loss of economic value for non-voting shares held by public investors. See also * Consolidation (business) * Holding company * Minority interest In accounting, minority interest (or non ...
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Liverpool F
Liverpool is a City status in the United Kingdom, city and metropolitan borough in Merseyside, England. With a population of in 2019, it is the List of English districts by population, 10th largest English district by population and its ESPON metropolitan areas in the United Kingdom, metropolitan area is the fifth largest in the United Kingdom, with a population of 2.24 million. On the eastern side of the Mersey Estuary, Liverpool historically lay within the ancient Hundred (county division), hundred of West Derby (hundred), West Derby in the county of Lancashire. It became a Borough status in the United Kingdom, borough in 1207, a City status in the United Kingdom, city in 1880, and a county borough independent of the newly-created Lancashire County Council in 1889. Its Port of Liverpool, growth as a major port was paralleled by the expansion of the city throughout the Industrial Revolution. Along with general cargo, freight, and raw materials such as coal and cotton ...
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Montreal Canadiens
The Montreal CanadiensEven in English, the French spelling is always used instead of ''Canadians''. The French spelling of ''Montréal'' is also sometimes used in the English media. (french: link=no, Les Canadiens de Montréal), officially ' ( The Canadian Hockey Club) and colloquially known as the Habs,Other nicknames for the team include ''Le Canadien'', ''Le Bleu-Blanc-Rouge'', ''La Sainte-Flanelle'', ''Le Tricolore'', ''Les Glorieux'' (or ''Nos Glorieux''), ''Le CH'', ''Le Grand Club'', ''Les Plombiers'', and ''Les Habitants'' (from which "Habs" is derived). are a professional ice hockey team based in Montreal. They compete in the National Hockey League (NHL) as a member of the Atlantic Division of the Eastern Conference. Since 1996, the Canadiens have played their home games at Bell Centre, originally known as Molson Centre. The team previously played at the Montreal Forum, which housed the team for seven decades and all but their first two Stanley Cup championships.Ea ...
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Valvoline
Valvoline Inc. is an American manufacturer and distributor of Valvoline-brand automotive oil, additives, and lubricants. It also owns the Valvoline Instant Oil Change and Valvoline Express Care chains of car repair centers. , it is the second largest oil change service provider in the United States with 10% market share and 1,400 locations. History Dr. John Ellis, the inventor of a petroleum lubricant for steam engines, founded Valvoline on September 6, 1866, in Binghamton, New York, as the "Continuous Oil Refining Company". In 1868, Ellis renamed his Binghamton Cylinder Oil to the more memorable Valvoline. The next year, he moved the Continuous Oil Refining Company to Brooklyn. With his son and son-in-law, Ellis renamed the company to "Ellis & Leonard" and relocated to Shadyside, New Jersey. Valvoline received commendations by Charles F. Chandler and others at the Paris Exhibition of 1878. By the 1890s, Valvoline oil was associated with winning race cars. During the early 2 ...
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Ultra Motorsports
Ultra Motorsports was a NASCAR Winston Cup and Craftsman Truck Series racing team. Jim Smith helped start the team and the Craftsman Truck Series. It ran full-time in the Craftsman Truck Series from 1995 to 2005, earning 31 series wins and a championship in 2005 with Ted Musgrave. Early in 2006, Ultra announced that they would close up shop after a fallout with Ford. Winston Cup Ultra Motorsports began running Winston Cup in 1994, when P. J. Jones drove the No. 06 Ford Thunderbird at Phoenix, finishing 29th, nine laps down. The next season, Butch Gilliland ran the No. 38 Ford at Sonoma, but finished 42nd after an early engine failure. Ultra returned to Cup in 1999 with the No. 32. Mike Wallace qualified at Richmond, finishing 24th. Midway through 2000, Mattei Motorsports sold partial interest in the team to Ultra and Smith, who bought out Mattei one month later. The team inherited the No. 7 Chevrolet Monte Carlo and its driver Michael Waltrip, and kept the team's sponsors ...
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Hendrick Motorsports
Hendrick Motorsports (HMS) is an American professional auto racing organization that competes in the NASCAR Cup Series. The team was founded in 1984 as All Star Racing by Rick Hendrick. Hendrick Motorsports has won a NASCAR-record 291 Cup Series races and 14 Cup Series owners and drivers championships to go with three Truck Series owners and drivers titles and one Xfinity Series drivers crown. Additionally, the team has 26 Xfinity Series race wins, 26 Truck Series race wins, and 7 ARCA Racing Series race wins. For 2022, Hendrick Motorsports fields four full-time Cup Series teams with the Chevrolet Camaro ZL1; the No. 5 for Kyle Larson, the No. 9 for Chase Elliott, the No. 24 William Byron, and the No. 48 for Alex Bowman. In the Xfinity Series, the team currently fields the No. 17 Chevrolet Camaro SS part-time for Kyle Larson, Alex Bowman, and William Byron. The team formerly fielded teams in the now-NASCAR Xfinity Series before merging its efforts with JR Motorsports before ...
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Stock Car Racing
Stock car racing is a form of automobile racing run on oval tracks and road courses measuring approximately . It originally used production-model cars, hence the name "stock car", but is now run using cars specifically built for racing. It originated in the southern United States; the world's largest governing body is the American NASCAR. Its NASCAR Cup Series is the premier top-level series of professional stock car racing. Australia, Canada, New Zealand, Mexico, Brazil and the United Kingdom also have forms of stock car racing. Top-level races typically range between in length. Top-level stock cars exceed at speedway tracks and on superspeedway tracks such as Daytona International Speedway and Talladega Superspeedway. Contemporary NASCAR-spec top-level cars produce maximum power outputs of 860–900 hp from their naturally aspirated V8 engines. In October 2007 American race car driver Russ Wicks set a speed record for stock cars in a 2007-season Dodge Charger built ...
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