Roush completes deal to sell half of team to Red Sox owner
Quote selected text Published February 10th, 2007 in NASCAR News
A group of investors led by Boston Red Sox owner John Henry has completed a deal to buy a 50% stake in the Roush Racing NASCAR team, a person familiar with the negotiations said Friday. Although team owner Jack Roush (right) is selling half of the team to the Fenway Sports Group, Roush will continue to run the team’s competitive operations, according to the person, who requested anonymity because the deal hasn’t been announced.
Both parties have scheduled a Feb. 14 news conference at Jackie Robinson Ballpark, a minor league facility near Daytona International Speedway. Roush, who was wearing his trademark fedora as he supervised his drivers at Daytona International Speedway on Friday evening, declined comment.
- Roush has plan to sell off one team
- Fenway Sports Group to buy into Roush?
- Roush Fenway to sign Aflac as new sponsor
- Valvoline moving to another team
- Roush will have to cut one Cup team by 2010
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