More on Gibbs to Toyota...done deal? Extending Stewart to 2011? Joe Gibbs Racing and Toyota are “a done deal” for 2008, according to several sources, though team executives said otherwise. Apparently one hangup in the talks between the long-time Chevy operation (which features #20-Tony Stewart) and Toyota is a clause in Gibbs’ current GM [Chevy] contract which bars the team from negotiating with any other manufacturer until the contract is up. So sources said Gibbs has had to go through an agent in the talks. Gibbs has a major negotiating session scheduled with General Motors in the next two weeks, which should provide the ‘yea,’ or ‘nay’ on that side of the issue. One of the big reasons for Toyota’s intense interest in Gibbs Racing is Gibbs’ engine program, headed by Mark Cronquist, one of the best in the business. Gibbs is also renegotiating his contract with Stewart to extend it another two years. The contract runs through the end of 2009; the new package would run through the end of 2011.(Winston Salem Journal)(6-23-2007)
