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NASCAR Daily News Headlines * July 14, 2008





Old School Racing Begins

To kick off their 50 Years of Asphalt Racing Celebration, the famed Music City Motorplex (MCM) in Nashville, TN will host Old School Racing’s (OSR) inaugural event, “The Old School-RacersReunion.com Shootout.

OSR, in conjunction with RacersReunion.com, will bring the July 18th event live to the web with the veteran racing analyst Randy Pemberton in the broadcast booth with many special guest that will bring the fans racing stories that may never be heard again. Fans not attending the event will be able to view it live in it’s entirety at www.RacersReunion.com.

Some of the greatest drivers of all time have been slated to compete in this long anticipated inaugural event. Harry Gant, Sterling Marlin, Geoff Bodine, Dave Marcis, Jack Ingram, Larry Pollard, Charlie Glotzbach, Joe Ruttman, Tommy Houston, Mike Alexander, and Randy LaJoie will treat racing fans to a night of racing they’ll never forget.

“It’s great to finally give the fans something they’ve wanted to see,” said OSR Managing Partner Gene Weaver. “These guys are my hero’s and putting these legends back on the track is not just a thrill for the fans, but also to everyone involved in the Old School Racing Series. We’re excited about this opportunity to bring this inaugural event to the fans along with RacersReunion.com and our sponsors.”

Drivers will be available for autographs between qualifying and race time. Qualifying is scheduled to begin at 6:30 pm and the green flag drops for the Shootout at 8:30 pm. One of the must see events during the live broadcast will be a round table discussion with four of these racing legends. It will be hosted by Randy Pemberton and is sure to bring out some great stories from these “old school” drivers.

This special event will also serve as the national launch of the “Suitcase Jake Commemorative Fund” established to raise money for Jake Elder, one of motor racings true living legends. The “Jake Elder Crew Chief of the Race Award,” sponsored by Darrell Waltrip, will go to the winning car’s crew chief. In addition, OSR will offer, for sale at the track and on their website (www.osrct.com), a “Suit Case Jake” commemorative coin. All proceeds from the sale of the coin will benefit the Jake Elder fund.

“One of our goals at Old School Racing is to establish the Retired Racers Foundation to help support retired racers that may need financial support in trying times,” said OSR Managing Partner Gene Weaver. “Pioneers of racing, like Jake Elder, did not get the huge paychecks that these guys get today, yet they paved the way for them and we want to try to pay them back for everything they have done for this sport. Helping “old school” racers is a lofty goal, but one that is long overdue,” added Weaver.

“We’re thrilled to be able to participate in this event with OSR,” said Jeff Gilder, of the RacersReunion Network. “Our goal is to bring recognition to the roots of stock car racing and to keep these legends of the sport in front of their fans. This is a perfect fit for us.”

Tickets for the event start at just $15.00 and can be purchased online at www.ticketmaster.com. And the three hour-live broadcast can be seen for FREE at www.RacersReunion.com...(osrct.com)

Busch Earns Lap Leader Award

Kyle Busch led five times for 165 laps to earn WIX Filters Lap Leader of the Race honors in tonight’s LifeLock.com 400. Busch grabbed the honor for the seventh time this season. He has led a total of 1,065 laps this season, more than any other driver in the NASCAR Sprint Cup Series. Busch has led at least one lap in 14 of the 19 races this season.

Busch won Saturday night’s race, crossing the finish line .159 seconds ahead of second-place Jimmie Johnson. The victory is his seventh of the 2008 season. He racked up his 12th top-five and 13th top-10 finish. In eight races at Chicagoland, the driver leading the most laps has scored four victories and seven top-five finishes.

A driver has led over 100 of the 267 laps in each of the past FIVE consecutive NASCAR Sprint Cup Series races at Chicagoland and in six of the eight races. Kyle Busch leads the WIX Filters Lap Leader standings by three races (7-4) over Jimmie Johnson.

Gibbs Wants To Keep Business In The Family

Joe Gibbs says he's not about to join the trend of offering ownership in his race team in order to retain drivers. Tony Stewart received 50% ownership in making the jump from Joe Gibbs Racing to Stewart Haas Racing. Drivers Greg Biffle and Carl Edwards (who re-signed with Roush Fenway Racing) and Ryan Newman (entertaining offers for 2009) say they've received offers that include a share of team ownership.

But JGR is a family operation, and Gibbs, the family patriarch, says he plans to keep it that way.

"We have eight grandchildren," Gibbs said. "I'm not worried about (sons) J.D. or Coy. But (the business) is going to be for the grandkids if I have anything to say about it. We don't have any other business, (so) this has to go for us. Being a family business — we like that for a number of reasons. We don't have to take a vote, we can do whatever we want if it makes sense. We can move fast, and we can get what we want — anything we can afford."(usatoday.com)





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