Two-time NASCAR Cup Series champion Tony Stewart has begun discussion with Joe Gibbs Racing officials about his future with the company, ESPN.com has learned. And that future, sources say, is questionable.
Multiple sources close to the situation who spoke on condition of anonymity said Stewart told Gibbs officials that he'd like to be released from the final year of his current driving contract, which expires at the conclusion of the 2009 season.
"He definitely has some options," JGR president J.D. Gibbs said. "To me it's no different than any of the the options he's had before. The reality is he's racing here through 2009. There's no ifs, ands or buts about that one. Our stance is he's racing for us through 2009."
Stewart's publicist, Mike Arning, said "Tony's contract is through the 2009 season. When that is up he'll have a lot of options for 2010 and beyond. But in terms of what he's going to do, or might do, for now and in between, as far as JGR is concerned he's their driver for 2009."
Sources said Stewart is intrigued by the thought of team ownership. One potential scenario mentioned was a partnership with Haas/CNC Racing, under which Stewart would own as much as a 50 percent stake in the race team that currently fields the Nos. 66 and 70 Chevrolets. Under that scenario he would drive one of those two machines.
Haas GM Joe Custer said he has spoken with several people about the future status of his team, including Stewart's group. He was adamant that his team has reached no deal with Stewart, but would "by all means be interested in discussing a partnership with a driver of his caliber."
Such a move would reunite Stewart with Chevrolet, which sources said was of the utmost importance to the driver, given that he's driven for General Motors for most of his career, and that GM sponsors Stewart's open wheel sprint car program.
Gibbs switched to Toyotas from Chevrolets in 2008.
Haas/CNC Racing currently fields cars built and powered by Hendrick Motorsports, the organization that has won four Cup championships in the past 10 years, including the past two.
Looks like Tony wants to be a Chevy man again. I just hope his loyalty to Chevy is worth giving up a top ride.
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JENNA FRYER
The Associated Press
Thursday, Apr. 24, 2008
Tony Stewart has several different offers to leave Joe Gibbs Racing, and the two-time champion is considering every option – including ones that could make him the owner of his own NASCAR team.
“We’ve got multiple offers on the table right now, and there’s a couple in particular that really have caught our interest,” Stewart told reporters Thursday after Nationwide Series practice at Talladega Superspeedway.
“We haven’t made a 100 percent decision yet on what we’re going to do, but we’re going to look at all the options. And the options are exciting, all the way around.”
Stewart’s deal with JGR runs through 2009, and he said last summer he was interested in signing an extension with the team he’s driven for since 1998. But contract talks moved slowly, with Stewart saying in January he was in no rush to get a deal done.
But a pair of internet reports Wednesday said Stewart was in negotiations to purchase at least a portion of Haas CNC Racing in a deal that would require him to leave JGR.
Stewart said Thursday he has not ruled out staying with JGR, but when he began negotiating a new contract, other teams approached him with new opportunities. The same thing happened back in 2003, when Stewart was able to leverage several deals – including one from Chip Ganassi – to secure a more lucrative contract with Gibbs.
“A wise person told me it never cost a dime to listen, so right now we’re all ears,” Stewart said of the latest offers. “Right now it’s just a matter of figuring out what we want to do, and being smart. We’ve had a great run at Joe Gibbs Racing. It doesn’t mean it’s over. We’re just going to look at everything that’s out there.
JGR president J.D. Gibbs indicated Thursday the team intends to hold Stewart to his contract, and Stewart said he’s not asked to be released from it early.
“We’ve got Tony signed through ‘08 and ‘09, and we want to go full bore and win a bunch of races and championships together,” Gibbs said. “Our hope is that if you do that, then long term this will be the spot he chooses to retire. But the reality is we only control these next couple of years, and we went through this his last contract negotiations when he had a lot of options out there.
“Our hope is we do our job, and he retires here.”
Stewart, winless this season, is tied for sixth in the Sprint Cup standings. In nine full seasons with Gibbs, he has won 32 career Cup races, championships in 2002 and 2005 and more than $67 million in prize money.
Stewart said Thursday he has informed Gibbs officials of his offers, and there were discussions of potentially leaving the team early depending on what deal he agreed to. But he said “a couple offers” included ownership, and the thought of running his own team excited him. Stewart said he has not discussed owning a portion of JGR with owner Joe Gibbs.
“Right now we’ve not asked to be released out of our contract,” he said. “They know there are other offers on the table and we’ve said, ‘What if this is the case? And what if this is presented to us? Is there a possibility we could be released from our contract early?’ But we have not asked to be released from our contract.”
Cary Agajanian, who represents Stewart through the Motorsports Management Int. agency, cited the sensitivity of contract talks in declining to comment.
“His contract is through 2009 with Joe Gibbs Racing,” said Agajanian, “that’s about all we know, and all we can say.”
Stewart previously has stated he’d like to retire from NASCAR still driving for JGR, and that he can’t imagine a scenario where he’s not working with crew chief Greg Zipadelli. The two are in their 10th season together, the Cup Series’ longest active driver-crew chief pairing.
There are some who believe Stewart’s desire to test the market is nothing more than a bargaining chip to use with JGR, similar to how he bettered his deal in 2003.
But Stewart has more options now – he said the offers are mounting and he received a new one Thursday morning – and there’s even more at stake for the driver: He turns 37 next month and likely is negotiating his final contract.
“The good thing is we have a year left on our contract, we’re not in a rush, there’s nobody putting any pressure on us to make a decision next week,” he said. “Right now we’re going to do our due diligence on all the offers and try to figure out the best option for us.”
He long ago set in motion an aggressive business plan that centers around his love of grass-roots racing, and the former sprint-car star owns several lower-level race teams and has ownership in a handful of race tracks, including full ownership of famed Eldora Speedway in Ohio. Moving into an ownership of a Cup team would complete his portfolio.
There’s widespread speculation that General Motors is trying to lure Stewart from Gibbs, which left GM at the end of last season after 16 seasons with the manufacturer. JGR now fields Toyotas, and the Japanese automaker allowed Stewart to continue his Chevy deals despite the conflict of interest.
GM heavily supports Stewart’s many race teams, and Stewart acknowledged in February that the move to Toyota was difficult for him. Haas is a GM team that has a support alliance with Hendrick Motorsports, the leader of the Chevy teams.
Lee White, senior vice president of Toyota Racing Development, said the manufacturer is thrilled with Stewart on its roster and is hopeful the former series champion stays with JGR.
“We are extremely happy with Tony. We love being involved with him, and we hope to continue the relationship with him for a very long time,” White said. “Now what he chooses to do with Joe Gibbs Racing, that’s a team issue and we have no involvement in that.”
Stewart said Thursday his relationship with GM is still special, but that he’d built solid ties with Toyota since joining that manufacturer in January.
“It’s not that there’s anything wrong there,” he said. “But I have a lot of strong ties to Chevrolet, obviously.”
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Just when I think you said the stupidest thing ever .....You keep talking To view links or images in signatures your post count must be 5 or greater. You currently have 0 posts.
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I think it would be awesome to see him owning part of a team and driving for it too, Haas/CNC could use a guy like Tony.
It would be nice to see him back in a Chevy!
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Contract? Yeah, but Stewart still looking
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