RPM lets 9 employees go and cuts salaries

CHARLOTTE, N.C. (AP) — Richard Petty Motorsports has laid off nine employees and reduced salaries
throughout the organization, a byproduct of Chrysler’s bankruptcy filing.
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.
RPM fields cars for Kasey Kahne, Elliott Sadler, Reed Sorenson and AJ Allmendinger. The team has funded
Allmendinger’s car largely out of pocket all season.
CHARLOTTE, N.C. (AP) — Richard Petty Motorsports has laid off nine employees and reduced salaries
throughout the organization, a byproduct of Chrysler’s bankruptcy filing.
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.
RPM fields cars for Kasey Kahne, Elliott Sadler, Reed Sorenson and AJ Allmendinger. The team has funded
Allmendinger’s car largely out of pocket all season.