MOORESVILLE, N.C., July 25 (UPI) -- DEI Enterprises and Ginn Racing Wednesday completed a merger that creates a new four-car team on the U.S. Nextel Cup auto racing circuit.
Effective immediately, the new team includes the Chevrolets of Paul Menard, Martin Truex Jr., Dale Earnhardt Jr., Mark Martin and Aric Almirola -- with Martin and Almirola combining to drive Ginn's No.1 Army Chevrolet for the remainder of the 2007 season and into 2008.
"This merger is great for both our companies," said Max Siegel, DEI global operations president. "Our stated goals included an expansion to four cars as quickly as possible and, in order to do that, we had to acquire more shop space. This relationship with Bobby Ginn and his company allows us to accomplish both which makes this a perfect transaction."
DEI's management team will be responsible for all day-to-day activities.
The team will operate from both the DEI shop in Mooresville, N.C., and the 180,000-square-foot-facility housing the Ginn organization.
