There have been many rumors flying around about the status of Tony Stewart and Gibbs racing. It seems like today there will be an offical announcment. I actually think this is a good think for both Gibbs Racing and Stewart. I never really felt like Stewart fit in with Gibbs Racing way of doing things. Of course that is my opinion and the way I saw it.
Here is the article from Nascar.comStewart to leave JGR, join Haas CNC as part owner Formal announcement set for Thursday at 2:30 p.m. ET
Add another line to Tony Stewart's resume: team owner.
NASCAR.COM has learned that Joe Gibbs Racing has agreed to release Stewart, a two-time Cup Series champion, from the final year of his contract. In turn, Stewart is purchasing what is believed to be a 50 percent stake in Haas CNC Racing and will drive for the team in 2009.
A formal announcement is expected on Thursday. Fans can watch the news conference live on NASCAR.COM at 2:30 p.m. ET (WATCH LIVE).
Stewart was linked to Haas CNC Racing as early as Talladega weekend in April. At that time he said, "A wise person told me it never cost a dime to listen, so right now we're all ears.
"Right now it's just a matter of figuring out what we want to do, and being smart. We've had a great run at Joe Gibbs Racing. It doesn't mean it's over. We're just going to look at everything that's out there."
JGR president J.D. Gibbs had hoped to sign Stewart to an extension. "Our hope is we do our job, and he retires here," Gibbs said at Talladega.
Speculation is that Nationwide Series rookie Joey Logano will move into the No. 20 car vacated by Stewart. However sources confirmed to NASCAR.COM that no decision has been made on who will replace Stewart on the team after this season.
There is no word on Haas CNC's current stable -- including Scott Riggs in the No. 66 and the No. 70, which has had several drivers this season.