Suvarna Garge (Editor)

Petty Enterprises

Updated on
Edit
Like
Comment
Share on FacebookTweet on TwitterShare on LinkedInShare on Reddit
Founded
  
1949

Founders
  
Richard Petty, Lee Petty

Base
  
Randleman

Petty Enterprises httpsuploadwikimediaorgwikipediacommonscc

Owner(s)
  
Lee Petty Richard Petty Kyle Petty Boston Ventures

Series
  
Sprint Cup Series Xfinity Series Camping World Truck Series

Car numbers
  
04, 1, 34, 40, 41, 42, 43, 44, 45, 49, 62

Race drivers
  
Lee Petty Richard Petty Kyle Petty Adam Petty Buddy Baker Pete Hamilton Wally Dallenbach, Jr John Andretti Bobby Labonte Terry Labonte Chad McCumbee Carlos Contreras Bobby Hamilton Rick Wilson Jeff Green

Sponsors
  
STP, General Mills, Hot Wheels, Sprint, Georgia Pacific, Wells Fargo, Marathon, Coca-Cola, Tire Kingdom, Schwans

Manufacturer
  
Ford, Dodge, Chrysler, Plymouth, Oldsmobile, Buick, Pontiac, Chevrolet

Headquarters
  
North Carolina, United States

Drivers' championships
  
10 (1954, 1958, 1959, 1964, 1967, 1971, 1972, 1974, 1975, 1979)

Parent organization
  
Gillett Evernham Motorsports

Petty enterprises


Petty Enterprises (formerly Lee Petty Engineering) was a NASCAR racing team based in Randleman, 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.

Contents

Petty enterprises sold


Old race shop in Level Cross

The facilities in Randleman that was vacated by the race team is still owned by the Petty family and is now (since 2010) a small business called The Petty Garage and specializes in custom cars, vintage restorations, and other specialty automotive work. The last few years has seen it host Mopar (Chrysler Co. vehicles) appreciation meets.

Car No. 42 history

Founded as Lee Petty Engineering, Three of those championships came with Lee Petty driving the No. 42, while accumulating 54 wins, The team's first win came that year in Lee's 5th start at Heidelberg Raceway, with Petty and the team finishing 2nd in points that season. Petty won one race in each of the years 1950 and 1951, before collecting three victories in 1952. 1953 saw the team expand to a multi-car team for the first time, fielding a Plymouth for Jimmie Lewallen at Palm Beach Speedway, who finished 2nd to Petty. Lee grabbed five wins that season and finished second in points before winning the championship in 1954. He followed that with six wins the next season and two more the following year, making him one of the most dominating drivers in the series at that time. In 1957, Petty won 4 races as the team began running additional teams. Tiny Lund, Bill Mutz, and Ralph Earnhardt all ran races with the team, before Bobby Myers was killed in an accident at Darlington Raceway.

1979 saw Richard's son, Kyle Petty, start his career winning the very first race he entered - the Arca 200 at Daytona International Speedway, Petty drove five cup races for petty in 1979.

in 1983 the No. 42 became the No. 7 for 1984–1985, Petty Enterprises concentrated on Kyle Petty's No. 7 7-Eleven-sponsored entry. Kyle earned eight top 5's, but no wins during that stretch. Petty left to drive for the Wood Brothers in 1986.

Car No. 43 history

Believed to be one of the most recognizable numbers in motorsports, the No. 43 team debuted in 1959, when Lee Petty expanded to a two car team and put his son Richard Petty. A record seven championships and 200 career wins came with Richard Petty driving the No. 43. The car that Richard drove to his sixth Daytona 500 win was similar but with no stripes or sponsor logos on the top half of the car. R. Petty had the most successful season in history in 1967 with 27 wins, including 10 in a row, cumluating with the championship.

From 1980 to 1983, Richard Petty won eight races, bringong his career total to 198 NASCAR wins. In the 1983 Miller High Life 500, the car failed post-race inspection. It was found to have illegal tire and an oversized engine. R. Petty was fined $35,000 but the victory was upheld. The incident increased friction at the teleft and R. Petty left Petty Enterprises at year's end. He took the STP sponsorship and the No. 43 to Mike Curb for 1984–1985, where he scored his last two career victories.

For 1986, R. Petty returned to the family operation, The Petty Enterprise team continued to sag in performance, and hit rock bottom in 1989 when Richard failed to qualify for four races. Richard failed to win another race, and retired following the 1992 season.

After R. Petty's retirement, Rick Wilson took over the renumbered No. 44 car, but found little success. The car number was changed back to No. 43, and Busch Series Rookie of the Year Bobby Hamilton was hired in 1995. In 1996, Hamilton earned the team's first victory since 1983 at Phoenix International Raceway. Hamilton won again at Rockingham in 1997. He left the team at season's end to tend to his own race team in the newly-formed Craftsman Truck Series, and to drive the No. 4 for Morgan-McClure Motorsports.

In 1998, journeyman John Andretti was hired and he gave the team another win at Martinsville (which would ultimately be the final win for Petty Enterprises). Andretti would drive for the team until 2003, with only a second-place finish at Bristol.

The team lost longtime sponsor STP in mid-2000 and changed to General Mills. The team began a noticeable downward slide, and would not win another race in Cup competition until 2014.

Andretti was released in favor of Brazilian driver Christian Fittipaldi, who struggled and was also released. Then Jeff Green took over for 2004–2005. In 2006, the team brought in 2000 Winston Cup champion Bobby Labonte and former Hendrick Motorsports crew chief Robbie Loomis. Many analysts saw this combination as the key to putting Petty Enterprises back into victory lane. The team's first year together showed promise, Labonte finished 21st in the points. Late in the 2007 season, Petty Enterprises moved its shop into the old Robert Yates Racing facility in Mooresville, North Carolina. It would be the first time since the inception of the company that it wouldn't be located in Randleman, North Carolina. "PE believes that this is necessary to move forward with the team," R. Petty said. "It's kind of hard for us and the people in the community to accept maybe we're not there anymore. We just feel for us to move forward and keep up with where NASCAR is going, we just felt we had to try to go somewhere else." That year, Labonte improved to 18th in points. Labonte fell back to 21st in points in 2008, posting just two top-10 finishes Earlier in the year, General Mills announced they would leave the team to sponsor Richard Childress Racing's fourth cup car in 2009. Rumors surfaced in early December 2008 that Petty Enterprises may cease operations and liquidate its assets, since Boston Venture was unable to secure sponsorship for the No. 43. In January 2009, Petty Enterprises merged with Gillette Evernham Motorsports and the No. 43 car was absorbed into the team. Labonte left the team before the 2009 season, leaving the car with no driver and no sponsor for 2009. By January 2009, the only employees left were Robbie Loomis and Richard Petty himself. CEO David F. Zucker was reassigned to the Richard Petty Driving Experience, which Boston Ventures also controlled.

The team's merger with Gillett Evernham Motorsports moved the No. 43 over to that team, where it is currently driven by Aric Almirola and sponsored by Smithfield Foods and STP

Car No. 44 history

The No. 44 began with PE2 which was formed by Kyle Petty in 1997, when he was unable to drive for Petty Enterprises. Sponsored by Hot Wheels, Kyle would not find success running his own operation. In 2000, Kyle merged PE2 into Petty Enterprises.

The No. 44 returned as a Dodge team in 2001 with a sponsorship from Georgia-Pacific and Buckshot Jones driving. In his first year driving the car, Jones finished 41st in points, failing to qualify six times and not recording a single Top 10 finish. Jones returned in 2002 but again struggled, and was released approximately mid-season. Petty Enterprises hired several substitute drivers including Jerry Nadeau, who nearly led the team to victory at Sonoma in June, and Greg Biffle, who ran the last three races.

After being used sparingly over the next season recent Petty signee Christian Fittipaldi took over the car for 2004, but was released.

In 2009, Petty said the No. 44 would return with McCumbee, but McCumbee said "the plans are up in the air" due to lack of funding. With the recent merger with Gillett Evernham Motorsports, those plans were completely scrapped and McCumbee was without a ride for 2009. The No. 44 instead took the place for the No. 10 at Richard Petty Motorsports, with A. J. Allmendinger driving.

Car No. 45 history

The No. 45 was not always part of Petty Enterprises.

The team appeared to be on the rise again with fourth-generation driver Adam Petty joining the team. He made his first Winston Cup start in April 2000, and many experts believed he would be the future of the team. Kyle Petty was planning to move out of the cockpit soon after, and into the full-time ownership role of the team.

About a month and a half after his first career Winston Cup start, Adam Petty was killed in a practice crash at New Hampshire International Speedway in Loudon, New Hampshire. The tragedy deeply affected the team. Kyle Petty took over what was supposed to be Adam's No. 45 car, and drove it for several seasons in his honor.

Kyle Petty would have sponsorships from Sprint now driving the No. 45 in honor of his son. From 2003 to 2005, he would pick up Georgia-Pacific and Brawny (moving over from the No. 44 team) as his sponsors, but was still unable to bring Petty Enterprises back to its former days. With the addition of both Bobby Labonte and Robbie Loomis in 2006, as well as sponsors Wells Fargo and National Tire & Battery, Petty improved his position to 34th in the points. For 2007, with the passing of Benny Parsons, Petty would join TNT for six races, dubbed their "Summer Series". During this time, John Andretti returned to the team for four races, and NASCAR Craftsman Truck Series driver Chad McCumbee made his debut at Pocono Raceway. Before his stint in the booth for TNT, Petty had some significant on-track success, finishing third in the Coca-Cola 600, his first Top 5 Cup finish since 1997. After the Centurion Boats at the Glen, Kyle injured his hand in the team's hauler due to punching a desk. Petty would sit out two races while Kenny Wallace and McCumbee filled in. The No. 45 team finished 35th in the 2007 owners points. Kyle Petty in an interview with NASCAR.com said "I no longer work for the team" when referring to Petty Enterprises.

While the No. 45 car posted no Top 10s and went through multiple sponsors and drivers, it was announced in early December 2008 that Petty Enterprises may cease operations and liquidate its assets, since Boston Venture was unable to secure sponsorship for the No. 45. In January 2009, Petty Enterprises merged with Gillette Evernham Motorsports The No. 45 team was folded, leaving Kyle Petty with no ride for 2009. By January 2009, the only employees left were Robbie Loomis and Richard Petty himself. CEO David F. Zucker was reassigned to the Richard Petty Driving Experience, which Boston Ventures also controlled.

Petty Blue

One of the most distinctive features of the No. 43 car is its color. Petty Blue, as it's called, was created by the Petty family. According to Richard, the color was created by accident when they didn't have enough white or dark blue paint to cover the entire car. The resulting mix of white and blue proved to be very popular and remains on the No. 43 car to this day. Rumors state that Richard Petty would not allow STP to sponsor his car unless he could keep it painted blue. A compromise was reached to paint the car half Petty Blue and half STP Red. Thus was born one of the most famous paint schemes in racing history.

References

Petty Enterprises Wikipedia