Dale Earnhardt Jr. Not Interested In Buying Racing Team
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Jul 11, 2008
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Dale Earnhardt Jr. wanted at least 51 percent of Dale Earnhardt Inc. last season before he opted for a fresh start at Hendrick Motorsports.
If the company were up for sale now?
“I don’t mean this in a bad way, but I would not have any interest in purchasing it,” Earnhardt said at Chicagoland Speedway. “I would not have any interest in purchasing any race team, just to have the ownership.”
The subject was broached because of an Internet report earlier in the week that claimed DEI owner Teresa Earnhardt had commissioned the investment banking firm Bear, Stearns & Co. Inc. to locate a buyer or financial partner.
DEI president Max Siegel refuted the report, saying the company is not for sale.
Earnhardt said if there was a good time to sell it might be it now.
“I didn’t ever feel like she would be interested in selling the company,” he said of his stepmother, Teresa. “I don’t think that is in Teresa’s character to give that company up. She feels that strong about it. She felt that strong about it a couple of years ago.
