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Old 07-09-2008   #1 (permalink)
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Default Source: Stewart to get release from Gibbs

Becomes second high-profile Cup driver to switch teams in a year


Two-time Cup Series champion Tony Stewart’s tenure is set to end at Joe Gibbs Racing, the Observer has learned.

JGR, which has been Stewart’s home his entire career in NASCAR’s top series, is expected to announce as soon as Wednesday that it’s releasing Stewart from his contract obligations beyond this season, multiple sources confirmed Tuesday night. A team spokesman did not immediately return a call for comment.

Stewart’s contract is to run through 2009. His release would make him the second high-profile Cup driver to switch teams in a year. Dale Earnhardt Jr. announced in May 2007 he was leaving Dale Earnhardt Inc. – his home his entire Cup career – to move to Hendrick Motorsports this season.

It might not be long before Stewart’s new home is known. Sources said plans were being made to try to assemble an announcement this weekend at Chicagoland Speedway, where Stewart is expected to say he has bought into Haas CNC Racing. Stewart and another driver are expected to run a two-Cup operation next season, sources said.

Rumors of Stewart’s future with JGR have run rampant for weeks and were ignited by reports in April he was considering buying into a Cup team and leaving JGR.

At the time, JGR team President J.D. Gibbs insisted Stewart would remain with the organization at least through next season.

“Tony and our team are on the same page, and our goal in the next couple of years in ’08 and ’09, we’re going to go full bore and hopefully win a bunch of races and championships together,” Gibbs said then. “Hopefully this will be the spot he chooses to retire. The reality is we only control the next couple of years.”

As recently as last weekend at Daytona, Gibbs reiterated any discussions regarding Stewart and his contract were about after the 2009 season.

Stewart made his Cup debut in 1999 and has made all 338 of his starts for Gibbs. He was rookie of the year in 1999, winning three races. Stewart, the Cup champion in 2002 and 2005, has won 32 series races – at least two in each of his first nine full seasons. Only Jeff Gordon (39) and Jimmie Johnson (34) have more victories since 1999. He has won $68,549,075 in his career.

Cars owned by Gene Haas, the owner of Haas-CNC Racing, have one top-five and 13 top-10 finishes in 250 Cup races since 2002. “We’ve had a great run at Joe Gibbs Racing and it doesn’t mean it’s over yet,” Stewart said in April when announcing he was exploring all options. “We’re just going to look at everything out there. “A wise person once told me it doesn’t cost a dime to listen, so right now we’re all ears.” Staff writer David Poole


Source: Stewart to <br>get release from Gibbs
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Old 07-09-2008   #2 (permalink)
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Alittle birdie told me that he was going to announce his plans sometime today!
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Old 07-09-2008   #3 (permalink)
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At 2:30 p.m. ET Thursday, watch live coverage of the video conference with Tony Stewart.


NASCAR.COM : Live Webcast
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Old 07-09-2008   #4 (permalink)
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I hope he gets a championship this year so he can go out on a high note. I'm counting this as a retirement.

That new team will need a lot more than Tony Stewart to become a winner.
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Old 07-10-2008   #5 (permalink)
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Ok here is what I was told last night....

Tony is going to buy majority interest in Haas CNC Racing & run 2 cars next year. He will drive 1 & Ryan will drive the other, Office Depot on Tony & Jack Daniels on Ryan's, UPS goes to # 07 @ Childress
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Old 07-10-2008   #6 (permalink)
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Speed to broadcast Stewart's news conference
By SceneDaily Staff
Thursday, July 10, 2008

Speed officials say the cable channel will carry live coverage of Tony Stewart's news conference at Chicagoland Speedway at 2:30 p.m. EDT today.

Stewart is expected to announce his plans for 2009 after Joe Gibbs Racing announced yesterday that Stewart would leave the team at the end of the 2008 Sprint Cup season. Sources have said the two-time Cup champion will become a part owner of Haas CNC Racing.


Speed to broadcast Stewart's news conference - Sprint Cup Series | SceneDaily.com - NASCAR News
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Old 07-10-2008   #7 (permalink)
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He isn't buying into Haas, he is being given 50% ownership for signing with them. That could make him the highest paid driver in NASCAR
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Old 07-12-2008   #8 (permalink)
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Originally Posted by revvinjim View Post
He isn't buying into Haas, he is being given 50% ownership for signing with them. That could make him the highest paid driver in NASCAR
It could also be the begining of Stewart making a small fortune in racing, the old fashion way: Own a team and start with a large one. ;-)
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Old 07-12-2008   #9 (permalink)
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Originally Posted by jonesi View Post
It could also be the begining of Stewart making a small fortune in racing, the old fashion way: Own a team and start with a large one. ;-)
That may be way to true. Bigger teams have folded up. People with loads of money have lost it all.
Good luck Tony.
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