NASCAR Cup

Doug Yates statement on 2008 season

DOUG YATES TO FIELD TWO NSCS TEAMS IN 2008 Second Generation To Carry On Rich Yates Family Racing Heritage Mooresville, N.C. (September 7, 2007) -- Doug Yates announced today he will field two NASCAR Sprint Cup Series (NSCS) teams in 2008 ...

Published: Sep 8, 2007, 3:01 PM

Copy link

Share on Viber

Add as a preferred source

DOUG YATES TO FIELD TWO NSCS TEAMS IN 2008
Second Generation To Carry On Rich Yates Family Racing Heritage

Mooresville, N.C. (September 7, 2007) -- Doug Yates announced today he will field two NASCAR Sprint Cup Series (NSCS) teams in 2008 with drivers David Gilliland and Travis Kvapil. These teams will be operated under a company called "Yates Racing" which has agreed to acquire operating assets from Robert Yates Racing, including the transfer of car numbers and owner points. The transaction will be effective December 1, 2007.

"With this announcement it's clear that the letter of intent with Newman/Haas/Lanigan Racing will not proceed. We're thankful for their support and would welcome the opportunity to work with them in the future," said Yates Racing CEO Doug Yates. "I am very excited to carry the Yates Racing heritage into the future. I believe I have the experience and understanding of the competition and business requirements that are necessary to be an effective team owner.

"My first order of business is to revamp our infrastructure into one that can field race teams that can compete successfully with the pre-eminent teams in the sport. I personally think the best business and competitive model in the sport to emulate for long-term success is that of Jack Roush and Roush Fenway Racing," continued Doug Yates. "I have gotten to know Jack and his organization very well through our joint engine company and before I undertook this commitment I asked Jack for advice.

"I am pleased to announce that Yates Racing will have full support from Roush Fenway Racing, including hardware, engineering, marketing and operational practices," added Doug Yates. "By the 2008 Daytona 500, Yates Racing wants to be in an elevated position where we are competing successfully against any race team in the sport.

"With David, Travis and Roush Fenway Racing, we will continue to work on finding the right sponsor partners to join our programs."

Neither Jack Roush, Roush Fenway Racing, John Henry or Fenway Sports Group will have any ownership interest in Yates Racing.

-credit: ryr

We want your opinion!

What would you like to see on Motorsport.com?

Take our 5 minute survey.

- The Motorsport.com Team

Read and post comments

Share Or Save This Story

Copy link

Share on Viber

Previous article Richmond II: Hamlin - Friday media visit

Next article Hendrick grabs top three starting spots at Richmond

Top Comments

There are no comments at the moment. Would you like to write one?

View More & Comment

Latest news

Ayao Komatsu: Rafael Camara chosen for F1 2027 seat on speed, not Ferrari links

Formula 1

F1 Formula 1

Singapore GP

5 h

Ayao Komatsu: Rafael Camara chosen for F1 2027 seat on speed, not Ferrari links

Did Haas make the correct decision in signing Rafael Camara for F1 2027?

Formula 1

F1 Formula 1

Singapore GP

7 h

Did Haas make the correct decision in signing Rafael Camara for F1 2027?

Frederik Vesti steps up to full-time role as Cadillac Racing details 2027 IMSA lineup

IMSA

IMSA IMSA 7 h

Frederik Vesti steps up to full-time role as Cadillac Racing details 2027 IMSA lineup

Rafael Camara to replace Esteban Ocon at Haas for F1 2027

Formula 1

F1 Formula 1

Singapore GP

7 h

Rafael Camara to replace Esteban Ocon at Haas for F1 2027

Subscribe and access Motorsport.com with your ad-blocker.

From Formula 1 to MotoGP we report straight from the paddock because we love our sport, just like you. In order to keep delivering our expert journalism, our website uses advertising. Still, we want to give you the opportunity to enjoy an ad-free and tracker-free website and to continue using your adblocker.

You have 2 options:

Become a subscriber.
Disable your adblocker.

Subscribe now Already subscribed? Sign in here

Already disabled your adblocker?
Reload page

Manage Alerts