Richard Petty Motorsports

DAYTONA BEACH, FL: Nascar driver Richard Petty in this portrait sitting next to the STP #43 car before the Nascar Winston Cup Daytona 500 race at Daytona International Speedway in Daytona, FL. Petty finished 3rd in the race. (Photo by Focus on Sport/Getty Images)

Richard Petty Motorsports - 2021 Latest News, Drivers, Stats, Schedule

Richard Petty Motorsports (RPM) is an American racing group that contends in the NASCAR Cup Series. The team is named after owner Richard Petty, a seven-time NASCAR champion. The team is co-owned by Andrew M. Murstein.

Ray Evernham established the group under the name Evernham Motorsports in 2000, and it became a full-time team in 2001. They formed a technical alliance with Ultra Motorsports and Valvoline.

ADVERTISEMENT

Article continues below this ad

The association was renamed Gillett Evernham Motorsports in 2007 after George Gillett purchased a controlling interest. The group took on its present name after its partnership with Petty Enterprises in 2009. As a result of the enduring support from Dodge, the group changed to Ford in late 2009.

TALLADEGA, ALABAMA - JUNE 22: Bubba Wallace, driver of the #43 Victory Junction Chevrolet, and team owner, and NASCAR Hall of Famer Richard Petty wait on the grid prior to the NASCAR Cup Series GEICO 500 at Talladega Superspeedway on June 22, 2020 in Talladega, Alabama. A noose was found in the garage stall of NASCAR driver Bubba Wallace at Talladega Superspeedway a week after the organization banned the Confederate flag at its facilities. (Photo by Chris Graythen/Getty Images)

Achievements

Richard Petty Motorsports has won a total of 27 races across the NASCAR Cup Series and NASCAR Xfinity Series. The team boasts of 42 pole positions.

Drivers

The group currently fields the No. 43 for Erik Jones. Richard Petty Motorsports has an association with Richard Childress Racing.

Wallace replaced Almirola in the No. 43 vehicle for the 2018 season and got an amazing runner-up finish at the 2018 Daytona 500. However, Wallace completed the season in 28th position and finished second in the Rookie of the Year race.

On September 10, 2020, Wallace reported that he would not be racing for RPM in 2021. A month later, the team announced that Erik Jones would take over the #43 vehicle from Wallace.

Owners

ADVERTISEMENT

Article continues below this ad

Richard Petty, Andrew M. Murstein, and Medallion Financial are the current owners of the group, as Gillett quit due to financial reasons.

Net Worth

The Richard Petty Motorsports is valued at $28 million. The team has earned $5 million from winnings and has a revenue of $20 million.

ADVERTISEMENT

Article continues below this ad

OwnersRichard Petty, Andrew M. Murstein, Medallion Financial
BaseWelcome, North Carolina
SeriesNASCAR Cup Series
Race DriversNASCAR Cup Series:

43. Bubba Wallace

SponsorsNASCAR Cup Series:

U.S. Air Force, Coca-Cola (Coca-Cola Energy), Victory Junction, World Wide Technology, McDonald's, Cash App, DoorDash, Columbia Sportswear

ManufacturerChevrolet
Opened2000
Latest Race2020 Autotrader EchoPark Automotive 500 (Texas)
Race Victories27
Net Worth$28 Million