# DEI buying Ginn? UPDATE: hearing a deal could be announced in the next week or so, where Dale Earnhardt Inc. would buy into or outright Ginn Racing. Ginn Racing currently fields the #01-Mark Martin/Regan Smith, #13-Joe Nemechek and #14-Sterling Marlin teams.(7-16-2007)
UPDATE: Dale Earnhardt, Inc. [#s 1, 8, 15] and Ginn Racing [#s 01, 13, 14] are working on a merger agreement that, if finalized, would meld the two organizations into a single company, multiple sources close to negotiations told ESPN.com on Monday. The deal is not done, but a decision will be made soon. Both organizations hope, sources said, to firm up outstanding details and announce a partnership immediately. This deal is an elaborate proposition that entails several obstacles, including how best to reduce from six Nextel Cup teams to the maximum four. The obvious answer, sources said, would be to eliminate Ginn’s financially-strapped #13 and #14 teams.(ESPN.com)(7-16-2007)