From NASCAR.com
"Petty releases Labonte, now in talks with GEM
By David Caraviello, NASCAR.COM
December 11, 2008
12:08 PM EST" NASCAR.COM - Petty releases Labonte, now in talks with GEM - Dec 11, 2008
Six months ago, the future could not have been more promising for Petty Enterprises and Bobby Labonte. The historic race team had just agreed to a partnership with Boston Ventures, an investment firm that would provide needed capital to an organization with 268 race wins, but none since 1999. The driver had just agreed to a four-year extension, with the promise that there would be a place for him within the franchise once his days behind the wheel were done.
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