Jarrett close to inking deal with Waltrip, Toyota

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Former champ within 10 days of finalizing details of the move
By David Newton, NASCAR.COM
May 5, 2006
06:19 PM EDT (22:19 GMT)


RICHMOND, Va. -- Michael Waltrip's Nextel Cup team is struggling at 36th in owner points, but preparations to launch his two Toyota teams into NASCAR's premier series next year are on the fast track.

Dale Jarrett said Friday at Richmond International Raceway that he is within 10 days of announcing future plans that reportedly have him leaving Robert Yates Racing for Michael Waltrip Racing.

"Just finalizing details," Jarrett said.

Bill Elliott tested one of Waltrip's Chevrolet Cup cars with a Toyota engine earlier this week at Lowe's Motor Speedway, and there are plans for more tests as the foreign manufacturer seeks approval from NASCAR.

The team is five weeks from moving into its 35,000-square-foot fabrication shop and another 35,000-square-foot facility has been leased until the new 125,000-square-foot shop in Cornelius, N.C., is completed.

Larry Carter, Rusty Wallace's former crew chief who was hired to organize the new shop, is in the process of building Cup cars that Elliott will drive in five races later this season.

Carter said Toyota plans to have its first Car of Tomorrow, which will be implemented into Cup next season, ready by the fall.

"Probably engineering is our weakest point right now," said Bobby Kennedy, Waltrip Racing's director of competition. "We do have a couple on board and we have talked with other ones, but most people are under contracts and we're not going to get ourselves in legal battles."

There is no legal battle for Jarrett, whose contract with RYR expires after this season. Signing the 1999 Cup champion will be key for several reasons.

Not only does Toyota get a marketable driver, it gets Jarrett's past champion's provisional that will ostensibly assure him a spot in the first five races next season when only the top 35 teams from 2006 are guaranteed a position.

"That's a big thing, him being a former champion and guaranteeing being in the race," Kennedy said. "He comes with a lot of experience, too. You wouldn't want to drag a rookie into this.

"You've got a building process with the team, so you want somebody that has been around that's seen the ropes."

Among the details being finalized are whether UPS, Jarrett's primary sponsor at Robert Yates Racing, will go with him. Jarrett said all the reports about his future haven't affected any of his options.

"Not at all," he said. "I know what's true and the people that I'm dealing with know what's true. It doesn't have any affect."

Jarrett, who is 10th in points heading to Saturday's race, jokingly said his yellow labrador retriever, Zoie, is the only one that knows all the details.

"Because I was pretty sure she didn't have many people she could go to, so we had a good conversation and I bounced it off her," he said. "Whenever she liked one of the options that I gave her she would lick me on the face."

Asked which option Zoie liked best, Jarrett smiled and said, "I told her I wouldn't tell if she wouldn't."

But Jarrett didn't mind talking about a potential working relationship with Waltrip.

"Yeah, I can see us working together," he said. "He'd be an interesting car owner for sure, if that were to happen, but we have a good enough friendship and relationship that it would be fun looking at the opportunity to build something there."

Jarrett was impressed with how Waltrip pulled off everything he has with the Toyota deal long before his name became associated with the foreign manufacturer.

"I actually told my wife, Kelley, that Michael Waltrip is getting ready to pull off the biggest thing that's happened in NASCAR in quite a while," he said. "I was very impressed that he kept it quiet as long as he did."

Waltrip's current Cup team with Bill Davis Racing hasn't done so well. He's finished 25th or worse in seven of nine races, with no finish better than his 18th at Daytona.

His car was 44th on the speed charts during Friday's practice, which put him in danger of not making the field.

Kennedy and others with Waltrip's Toyota team came to Richmond to help improve the situation.

"This is kind of a distraction to pull away from what we're doing on the Toyota side of it," Kennedy said. "But we've got some issues there with the 55 car and their struggles with communication.

"We're trying to help out on our end to help bridge that gap between the rest of the competition."


I hope D.J. stays with Yates, but I think Toyota made him an offer he couldn't refuse.
Hopefully Mikey will make a better car owner than he has been a racer. Mikey is a mediocre driver at best. He has good public persona and he's a good p.r. guy. That's the only reason, I think, Toyota chose him.
It's kinda sad to see D.J. end his career like this.
 
I think this is great for DJ, not at all sad to see him go out this way. It is a good business deal that Mikey is pulling off and DJ recognizes that.
 
On a side note to all of this , just wait until Honda introduces their Nascar engine....it is coming soon. I know that just gets all the Nascar purists all in a tizzy, but get over it the sport is evolving. Toyota and Honda are now made in America along with Subaru, so it won't be long before Chevy will no longer be the dominate manufacturer in Nascar.
 
Nissan is made in America too (and I own one that is 11 years old, made in KY and NEVER has been a problem), but I can see Honda entering Nascar before Nissan.
Remember all the fuss back in the late '70s about Rice Rockets? Well, I owned a Honda motorcycle and it was far superior than and "Amerivan Made" bike!
JMO, but Corporate America has sold us out with "outsourcing" to foreign countries for many years.
 
Yep corporate America sold out a long time ago, so did our quality sell out, when is the last time an american born car been at the top of the quality list? I don't personally have a problem with that nor do i have a problem with Toyota or Honda coming into Nascar. I look at as evolution, every sport evolves, Nascar is no different. It cracks me up how some people are so against Toyota or another foreign car company coming into Nascar. That would be like only allowing americans to play in the NBA, i say get over it and imbrace the improvements (JMO) that these companies will bring to the sport. Nascar can not stay stagnant, they will move forward , and that means Toyota and eventually Honda.
 
DH, I wouldn't be at all surprised IF Nascar were getting $$ from "foreign" manufacturers and even Canada and Mexico.
 
Oh for sure especially seeing how Nascar wants to expand the borders so to speak. I have a feeling there will be a Cup date in Canada in a few years and not on a road course either. I know they have looked into starting up something in Europe, seperate from the US, but a similiar type of racing. Makes sense, might as well expand and make even more $$$.
 
Robby Gordon has supposedly been given an offer by Toyota to by him, his car, and team. No word yet on if anything will come of it.
 
I like the rumor of Ward Burton taking Jarrett's ride when Jarrett leaves. He would be a breath-of-fresh-air from all the rookies. And, he would be fun to watch in the UPS commercials.
 
Jayski had DJ's replacement as Casey Mears. That UPS wanted someone young and good looking, that leaves out Ward, to counter Denny Hamlin and FedEx.
 
Circumstances right for former champ Jarrett to take spot
By David Newton, NASCAR.COM
May 11, 2006
04:53 PM EDT (20:53 GMT)


Robert Yates Racing is prepared to lose Dale Jarrett to Toyota, but the organization doesn't plan to lose Jarrett's sponsor or teammate Elliott Sadler to the manufacturer set to enter Nextel Cup in 2007.

Michael Waltrip, who will field two Toyota cars next season, is scheduled to make a live announcement Saturday at 12:30 p.m. on SPEED regarding the future of his organization.

According to a source close to the situation, Waltrip plans to announce a deal with a current Cup driver.

Jarrett admitted last week at Richmond that he'd had discussions with Waltrip and that it was just a matter of finalizing details before he announced his future plans.

Eddie D'Hondt, the general manager at RYR, said Thursday there have been talks with Jarrett about him leaving the organization with which he won a championship in 1999 and has been with since 1995.

He would not speculate on who might replace Jarrett.

"We're as far as we can be with things,'' he said. "There have been talks about a whole bunch of things.''

But D'Hondt was optimistic that UPS will remain with the company.

"We are working through that with them,'' he said. "They're a great sponsor and we hope to continue with them for a lot of years.''

D'Hondt reminded that Sadler, reportedly a target for a Toyota team sponsored by Team Red Bull, is in the first of a three-year extension with RYR and his sponsors.

Meanwhile, D'Hondt said crew chief Richard "Slugger'' Labbe would accompany Jarrett to Darlington for Saturday night's race.

NASCAR on Tuesday suspended Labbe for four weeks and fined him $25,000 for using an unapproved rear sway bar mounting that was discovered during pre-race inspection.

RYR's appeal will be heard by the National Stock Car Racing Commission on Wednesday. Labbe will be allowed to remain with the team until the appeal is heard.

"The area in question is a gray area,'' D'Hondt said. "We feel like it isn't clearly written. It needs to be interpreted a little clearer.''
 
Jarrett announcement this weekend? hearing that #88-Dale Jarrett could make his announcement going to Toyota/Michael Waltrip Racing as soon as this weekend at Darlington Raceway. Waltrip is scheduled to make a live announcement on Speed Channel's NASCAR Live, Saturday, May 13th at 12:30pm/et...maybe....
 
IT'S OFFICIAL



Jarrett Will Switch To Toyota
Michael Waltrip and Dale Jarrett made it official on Saturday at Darlington Raceway, concerning the future of both drivers. Jarrett will leave Robert Yates Racing at the end of the 2006 and has signed to drive a Toyota for Michael Waltrip Racing -- a two year deal. Details of the contract were not revealed but recent rumors have Jarrett making a reported $20 million dollars for the duration of the contract. The announcement was made on Speed Channel during the NASCAR Live segment. ...Daily Headlines
 
i dont like Jarrett, he never seems to run good i think he should retire after this season but he isnt. But u never know, he just might start doing good when he races something besides a ford
 
Why would you not like Jarrett? Because he has not been running good? That type of thinking will not get you many friends IMO.
 
Good for DJ, good for Mikey, and good for Toyota, everyone wins but watch out this is very big for Toyota, gives them a lot of leverage for future driver recruitment. This is what some of the other manufacturers need, a wake up call!
 
Stay tuned, news will be forthcoming I'm sure.
And to think......we thought Silly Season was early last year!
 
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