Petty GMS Motorsports announces new name, vision and car numbers

Last week, a deal was announced that Maury Gallagher, owner of GMS Motorsports would purchase a majority stake into Petty Motorsports. What did that mean? They’d take over both of Petty’s charters which helps their NASCAR Cup Series entry for the 2022 season.

In saying that, a lot of details were left to the imagination. On Tuesday, the recent deal between team owners Maury Gallagher and Richard Petty came into clearer focus with the announcement that the newly formed organization will operate under the banner of Petty GMS Motorsports.

GMS will take over but Petty isn’t going anywhere either though. The all-time leader in Cup wins (200) and tied for the most championships (7) will still be around with his thumbprint on this organization moving forward. He will maintain a presence both in the team’s name and at the track including the car numbers for this team now being No. 42 and No. 43, both numbers with Petty ties. 

Also, the 43 team stays the same as it initially was announced it would. Erik Jones will return to the seat for the second season along with newly hired Dave Elenz being the crew chief. That deal was made known last month on the crew chief side of things.

Ty Dillon will drive the other entry but instead of being in the No. 94 Chevrolet like initially planned, they’ll change the number to No. 42. Jerame Donley will be the crew chief still too. 

The 42 is significant as it was with Lee Petty from 1949-1961. Kyle Petty then brought it back to them from 1979-1982 and again from 1989-1996. Now, they have it back under their umbrella again after it being with Chip Ganassi Racing for the last several decades.

So, some may then wonder, what is GMS doing with this then?

Mike Beam, who was Kyle Petty’s crew chief between 89-96, was the President of GMS, and will now guide the organization’s day-to-day operations as the team president here too. Then, Petty’s Brian Moffitt will take on the role of EVP of sales. 

They’ll operate out of GMS’ shop which resides in Statesville, North Carolina.

GMS announced on June 17 that they’d field a Cup team and back in the Fall they announced the Dillon signing. Then it kicked off into this deal.

GMS Racing still plans to remain a full-time entrant in both the NASCAR Camping World Truck Series and the ARCA Menards Series, according to the team. GMS has tallied 41 Camping World Truck wins, plus two series championships — with Johnny Sauter in 2016 and Sheldon Creed in 2020.

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