The effort to maintain a NASCAR Sprint Cup team bearing the name of legendary NASCAR driver Richard Petty is futile at best. The financial disarray of George Gillett is enough to cause a meltdown at Richard Petty Motorsports.  Despite defaulting on loans totaling $70-90 million, George Gillett and his son Foster claim they will restructure and flourish. Should Gillett allow the banks to seize the assets of RPM, he remains protected.  The financier has shown little loyalty to drivers in his capacity as an owner. Kasey Kahne turned in his resignation effective at the end of this season to pursue a dream job with Hendrick Motorsports. The ringing of the death knell will reverberate in the confines of RPM as their marquis driver walk...

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The effort to maintain a NASCAR Sprint Cup team bearing the name of legendary NASCAR driver Richard Petty is futile at best. The financial disarray of George Gillett is enough to cause a meltdown at Richard Petty Motorsports.  Despite defaulting on loans totaling $70-90 million, George Gillett and his son Foster claim they will restructure and flourish. Should Gillett allow the banks to seize the assets of RPM, he remains protected.  The financier has shown little loyalty to drivers in his capacity as an owner. Kasey Kahne turned in his resignation effective at the end of this season to pursue a dream job with Hendrick Motorsports. The ringing of the death knell will reverberate in the confines of RPM as their marquis driver walk...

Read Complete Article at Bleacher Report - Motorsports
Article is property of BleacherReport.com