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Auto Racing News

Ginn Merges With DEI to Stay Competitive

Thursday, July 26, 2007 4:04:41 AM
By JENNA FRYER

 Bobby Ginn is shown in this April 30, 2006 file photo.  NASCAR owner Bobby Ginn said Wednesday merging his team with Dale Earnhardt Inc. was the only way he could remain competitive. The two organizations have combined to form a four-car team that will hit the track this weekend at Indianapolis Motor Speedway.  (AP Photo/John Raoux)CHARLOTTE, N.C. (AP) - Bobby Ginn had grand plans to build a contender when he bought a NASCAR team last summer. But he learned rather quickly that winning takes a lot of money, and without solid sponsorships, it's almost impossible to do. Faced with scaling back his program to a noncompetitive level, Ginn instead merged his organization with Dale Earnhardt Inc. on Wednesday to form a four-car team that will debut this weekend at Indianapolis Motor Speedway.

"We absolutely would have survived without merging, but what we would have wound up doing is taken on lesser sponsors," Ginn told The Associated Press in a Wednesday telephone interview.

"We would have had to continue to cut costs, and that is disgraceful to me. I am proud of the merger. I would not have been proud of putting a car out there that couldn't compete."


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