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Catching up is hard to do
- Article from:
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The Sporting News
- Article date:
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June 23, 2008
- Author:
- Bruce, Kenny
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Copyright informationCopyright American City Business Journals, Inc. d/b/a Sporting News Jun 23, 2008. Provided by ProQuest LLC. (Hide copyright information)
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Failure to keep pace in NASCAR's corporate world has forced Petty Enterprises to sell a majority interest in the team. Results won't come overnight.
Richard Petty, now 70 and still the winningest driver in the sport's history after retiring more than a decade ago, made a career out of going fast around racetracks.
Fast enough to win a Sprint series-record 200 races. Fast enough to win seven Cup championships. Fast enough to make his name synonymous with stock car racing.
But what he didn't do, and what he hasn't done since retirement, is react as quickly or successfully off the track. He didn't react to the changing face of the sport as it evolved from a tightly knit group of family-owned ...