Dale Earnhardt Jr. is nowhere near signing a new contract with DEI.
Late last week ESPN.com reported that Teresa Earnhardt had offered Junior majority ownership of DEI, which is Little E's No. 1 contract demand. So a long-term agreement to keep Earnhardt behind the wheel of a Chevy owned by DEI must be near, right? In a word, no. Not even close, in fact.
I can't reveal any details about what's transpiring because all of my information was acquired in several off-the-record conversations, but suffice to say, based on these chats, I'm starting to think very strongly for the first time that Earnhardt won't be racing for DEI in 2008.
The bottom line is that his relationship with Teresa, his stepmother, is so profoundly complicated and -- what's the word? -- damaged that it may be impossible for her to fairly award Junior what I think is rightfully his, which I wrote about in the magazine last week. After all, his old man told me back in the fall of '00 that one day he wanted Little E to run the racing organization he founded in 1996. I think that day has arrived; it remains to be seen if Teresa really feels the same way.