Add Robert Yates Racing to the ever-expanding list of Nextel Cup Series owners actively courting investment partners.
RYR president Doug Yates said Saturday that he and his father have been pursing investors for six months. They’ve gotten some inquiries but nothing solid, Yates said.
Among those investors with which Yates has spoken are the Maloof brothers, owners of the Sacramento Kings NBA franchise and the Palms Resort and Casino in Las Vegas.
“We talked to them last year,” Yates said. “Nice group of guys. Nice family. But they felt like, at the time, they were focused on their business. They have a lot of businesses, so that’s a name that’s come around.
“But there are a lot of people out there interested. We know how popular the sport is and people from the outside can look and see, ‘Hey, this has some value.’”
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This is insane that the maloofs would concider a nascar tema when the tight wads cant even afford to get a new stadium for the kings give me a break!!!