![]() "Petty GMS will have a sole focus of winning. "I'm very excited about this opportunity to work with Richard, arguably the greatest driver in NASCAR history, and form Petty GMS Motorsports," Gallagher said. But the seven-time Cup champion known as "The King" was introduced Tuesday as chairman of Petty GMS Motorsports and a "face of the team at the racetrack." Petty, 84, had long been mostly a figurehead of his namesake team. Murstein, as head of Medallion Financial Corp., had been the primary owner of RPM since 2011 and an SEC filing showed Gallagher paid $19.1 million for Medallion's majority stake. Petty GMS Motorsports revealed its plans for 2022 at the NASCAR Hall of Fame, less than a week after Maury Gallagher announced he'd bought out Andrew Murstein at RPM. The GMS Racing majority purchase of Richard Petty Motorsports will be called Petty GMS Motorsports going into next season and NASCAR Hall of Famer Richard Petty will be chairman of the new two-car Cup Series team. ![]() Richard Petty to be chairman, 'face' of new Petty GMS Motorsports teamĬHARLOTTE, N.C. You have reached a degraded version of because you're using an unsupported version of Internet Explorer.įor a complete experience, please upgrade or use a supported browser ![]()
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