NASCAR: News and Rumors.

Gary GuilliamsCorrespondent IJune 8, 2009

DAYTONA BEACH, FL - FEBRUARY 17: Ryan Newman, driver of the #12 Alltel Dodge, during the NASCAR Sprint Cup Series Daytona 500 at Daytona International Speedway on February 17, 2008 in Daytona Beach, Florida.  (Photo by Jason Smith/Getty Images for NASCAR)

RPM lays off nine employees

Richard Petty Motorsports has laid off nine employees and reduced salaries throughout the organization, a byproduct of Chrysler's bankruptcy.

A person familiar with the moves tells the Associated Press that RPM officials are anticipating significant cutbacks from Dodge. Chrysler is Dodge's parent company, and the automaker filed for Chapter 11 bankruptcy protection last month. Team co-owner Richard Petty has said the bankruptcy filing slowed the money flow from Dodge over the past few weeks.


Truex Jr. to have GE Reveal as sponsor for two races

Earnhardt Ganassi Racing with Felix Sabates and GE Lighting announced that the GE Reveal Light Bulb brand will be the primary sponsor on the No. 1 Chevy of Martin Truex Jr. for races this weekend, Jun. 14, at Michigan and the following race at Infineon Raceway on Jun. 21.

The No. 1 Chevy’s bright blue design draws inspiration from the blue coloring of an unlit GE Reveal light bulb. Race fans should be sure to look for the iconic GE script logo on the hood of the Chevy, along with the rainbow-hued logo of GE Reveal running down the car’s quarter panels.


Possible fourth team for Penske has been denied

Roger Penske said, "There are no plans to expand Penske Racing's three-car organization of No. 2 Kurt Busch, No. 77 Sam Hornish Jr. and No. 12-David Stremme." There have been reports that he would move to a fourth team with Justin Allgaier, a rookie in the Nationwide Series. "We've made some good progress this year and we've got to maintain that," Penske said. "We're not in the silly season at all. ... We've got plenty of time."