Keyword: roushracing

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Keyword: roushracing

Red Sox owner interested in NASCAR team (negotiating to buy a big chunk of 'Roush Racing' pie)

10/04/2006 1:40:04 PM PDT · by NormsRevenge · 6 replies · 587+ views
AP on Yahoo ^ | 10/4/06 | Craig Jenkins - ap

A group of investors led by Boston Red Sox owner John Henry is negotiating to buy a significant stake in Roush Racing, and it wouldn't come as a surprise in the garage area if other outside investors begin taking a serious look at NASCAR teams. But is a racing team really a good buy? "Yeah," Kyle Petty said. "That's why Warren Buffett's here." Wait ... the second-richest man in America is buying a NASCAR team? "No. That's my point," said Petty, driver and CEO of the Petty Enterprises team. "It's not a good investment." Henry evidently disagrees. An avid racing...

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