Originally published Thursday, July 10, 2008 at 12:00 AM
Auto Racing | Tony Stewart released by Gibbs Racing
From his seat in the bright orange No. 20, Tony Stewart spent a decade driving his way to superstardom while helping Joe Gibbs Racing become one of NASCAR's top teams.
CHARLOTTE, N.C. — From his seat in the bright orange No. 20, Tony Stewart spent a decade driving his way to superstardom while helping Joe Gibbs Racing become one of NASCAR's top teams.
The partnership produced 32 victories, two Cup championships and more than $68 million in winnings. It also survived a flurry of storms created by one of the most tempestuous drivers in NASCAR history.
It was the perfect union, yet it left Stewart wanting more.
More than he could ever get at Gibbs, where an ownership stake wasn't an option and Stewart was simply the driver. So Stewart secured his release from the organization Wednesday, paving the way for him to purchase his own NASCAR team.
"While this moment is bittersweet, we're parting on good terms and we know that each of us has benefited greatly from the other," team president J.D. Gibbs said in a statement.
The remarkable and often emotional 10-year run will end for Smoke, Zippy and the JGR boys at the end of the season.
Gibbs had hoped to sign Stewart to an extension that would keep the 37-year-old driver in his seat past 2009 and until he retired, but Stewart stalled during contract talks. He wanted to see what else was out there, and given the opportunity to buy majority ownership in fledgling Haas-CNC Racing, Stewart couldn't resist. He scheduled a Thursday news conference at Chicagoland Speedway to discuss his latest venture.
Stewart, who owns several sprint car teams and a trio of race tracks — including famed Eldora Speedway in Ohio — will likely model his NASCAR team after the Gibbs organization.
"I've learned so much from them and have a tremendous amount of respect for what they've built," Stewart said in a statement.
Notes
• Veteran crew chiefs Jimmy Elledge and Peter Sospenzo landed new jobs. Elledge is taking over AJ Allmendinger's team while Sospenzo gets Michael McDowell's crew.
• Dario Franchitti will be back behind the wheel in a NASCAR race this weekend when he races in the Nationwide Series at Chicagoland Speedway.
Copyright © 2008 The Seattle Times Company
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