Tony Stewart Leaving Joe Gibbs Racing For Haas/CNC
Tony Stewart has been granted a release from his final year under contract to Joe Gibbs Racing. Stewart, who has been with the Gibbs team for 10 years, has earned the team 2 NASCAR titles, and been known as NASCAR’s version of Terrell Owens, at times, has decided to move on to bigger and better opportunities.
Tony Stewart will be joining Haas/CNC Racing as co-owner of the Cup team, as well as driver. The deal involved includes the highest driver wage currently on the NASCAR circuit. Even besting Dale Earnhardt Jr.’s massive deal last season. Stewart will claim a 50% stake in the new Stewart Haas racing team and will be involved with any decision making going on.
If you add up Stewart’s 50% take in the Stewart Haas Racing team, his annual salary as a Nascar driver, and plus, bonuses, race earnings, AND the thought of him geting a new number (yes, Joe Gibbs is keeping the #20) and sponsorships, you can see the kind of deal this is going to be.
Dale Jr. came out well last year, and may have led the way in how much pull successful cup drivers can expect in the future. Tony Stewart has followed right on his heels and even gathered a better deal than #88, Dale Earnhardt Jr.
It will be interesting to see what Tony Stewart has in mind for the future of his racing team, and even who his teammate might be. (Ryan Newman seems to be the name being passed around). Tony Stewart has not made this news ‘official’ yet, but it is being confirmed through close sources to both sides of the deal. ESPN is currently running an article discussing Tony Stewart’s Stewart Haas Racing deal.
Posted on 9th July 2008
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