Why does Teresa want to sell now?

by
Filed under: Dale Earnhardt 


A little over a year ago Tony Stewart said that “If Dale Earnhardt Jr leaves DEI the place will be nothing more than a museum.” Now it seems that Teresa Earnhardt may have to sell DEI to avoid that fate.

According to Sirius Radio’s Dave Moody – a respected MRN announcer who calls the Sprint Cup races — Teresa is looking for a buyer, or at the very least an investor for the family business.

If Teresa really wanted to sell why didn’t she do it when she had a willing buyer? Dale Jr was willing to invest his own money in 51% percent of the company last year.

DEI has gone downhill fast since losing NASCAR’s most popular driver to Hendrick Motorsports. It looks like Martin Truex Jr is ready to walk out the door, taking his Bass Pro Shops sponsorship with him. Mark Martin is due to leave at the end of this year to head to Hendrick with Junior, and the Army sponsorship is not locked in for next year, either.

That leaves Paul Menard, Aric Almirola and Regan Smith to carry the flag for DEI. Menards sponsor seems to be locked in, but Almirola has been driving the Army car. The company is searching for a sponsor for the No. 01 driven Smith, and has indicated that the car may be shut down is sponsorship isn’t found.

Does Dale Jr still have an interest in buying DEI? I don’t know, but I hope the price has dropped since his last offer was declined.

What do you think will happen to DEI?

 

 

Comments

39 Comments on Why does Teresa want to sell now?

  1. CAREY WESTBROOK on
  2. DAMN, IT’S ABOUT TIME THAT STUPID BROAD WOKE UP AND SMELLz THE GASOLINE FUMES…I HOPE JR GETS IT, AND AT A VERY, VERY REDUCED PRICE.
    THAT WOULD BE BEFITTING TRIBUTE TO HIS DAD, DALE EARNHARDT SENIOR

    GO JUNIOR > THE WORLD IS WITH YOU EVERY LAP OF THE NASCAR WORLD… I KNEW YOU DAD PERSONALLY, ALONG WITH THE PETTYS, AND EVEN OLD MAN BILL FRANCE!!!

  3. tcbpat on
  4. I have spilt feelings about this..1/ I dont feel sorry for HER..but I do for all the people that work so hard for DEI and now they might be out the door. 2/This one should be number 1/..Dale Jr. all he wanted was to save his Dad’s company, save all there job’s,make DEI what his Dad wanted it to be. Now there might not be a DEI..if she takes on a investor there will never be any chance for Jr. to make his Dad’s dream come true.. plus there might not be a DEI for Jr’s family. All because of her!!! This is sad.

  5. Rita on
  6. I see all that is being said as a rumor until an official announcement is made. I think Mrs E made a huge mistake not selling Junior 51%. I think she did it out of spite. I do not believe she ever liked Seniors kids and I don’t think she ever will. So be it, Mrs E. but so sad!

    I am glad Junior is with Mr H, a good match personally and professionally.

  7. John on
  8. Without Dale Jr., TEI is dead!!! I hope she gets what she deserves. Tony was right. I’m sure Teresa has heard “what goes around, comes around”. I hope she loses her butt!!

  9. Barbara Dionne on
  10. If we lved in a fair world, Teresa would have to pay Dale Jr. millions to take the company. It wasn’t formed for her to begin with!!!!

  11. Diane on
  12. Hi
    I believe that greed got the best of Teresa. How could she even begin to think she could survive without Junior. I say its a sad day if she sells out. How would Senior look at that? but I think Junior should still buy DEI without her involved whatsoever.
    She sucks

  13. Jamie on
  14. We all know that DEI is going to go under due to the greedy thing trying to run it. Teresa you should have thought about SR’s thoughts and what he would have wanted other then your own. Had he known that something was going to happen to him that day.. he would have had made sure that JR along with the other children had a peice of DEI! TERESA is LOW for not giving them a peice of their dad but in the long run.. they are the ones that are making their dad happy not YOU! JR will make him proud as the others will as well in their own special way!!
    I hope that JR gets the first chance to buy if the rumor is true!
    GO JR!!!

  15. Rick on
  16. FOREVER3GODALEJR.!!!

  17. Don on
  18. Why would Dale jr. buy a dead horse? She made her bed let her lie in it.

  19. Jennifer on
  20. I hope Teresa will be smart and give Dale JR, the first opportunity to buy the company. It should be his, Kelly’s, Kerry’s and the little Taylor’s anyway. That is what Dale SR would have wanted.

  21. Dreama on
  22. My loyalty will follow JR where ever he goes. I was sad when he left DEI but angry at Teresa at the same time. She blew it as far as I’m concerned. She should get what she deserves, who did she think was carrying DEI after senior died….it certainly wasn’t her.
    love you Dale!!!

  23. Barbara Hutchins on
  24. I was a No.3 fan for quite awhile. I think that Teresa should apologize and offer Dale a chance to buy back his legacy. If she did it right I think people would forgive her if she would swallow her pride, and make everything right in the family. I am one of Dale Jr.’s biggest fans and hope the best for him for whatever comes his way.

  25. DAVE on
  26. Glad to see “TEI” come to and “END”
    maybe now DEI can make a come back
    Give Dale Jr back his Company his not
    greety he’ll share with his siblings.

  27. jo-jr on
  28. THIS,AWFULL MESS, WOULD NEVER, HAVE HAPPENED, IF NOT FOR GREED!! THE BLACK WIDOW, HAS KILLED HER GOLDEN GOOSE ! SHE IS GETTING, EXACTLY, WHAT SHE DESERVES!!! DALE SR. WAS JUST LIKE ,THE REST OF US, WE NEVER THINK, HOW QUICK, WE CAN BE GONE, SO HE KEPT PUTTING, OFF WHAT HE WANTED TO HAPPEN TO HIS CO. IN CASE HE DIED. NASCAR IS ABOUT TO GO DOWN THE DRAIN TO,BECAUSE OF GREED.!!!!!

  29. angie on
  30. If anybody deserves DEI it’s Dale Jr. and I hope he gets it !!! To carrry on the Earnhardt name!!! That is what needs to happen!!

  31. richard on
  32. Big E is looking down on this and is saying what if I was still alive. This wouldn’t be happening to his company. The kids should take over especially Jr. He should race for HMS but own DEI. Maybe Hendricks should step in and buy it from. Just rumors for now but if it’s true I hope she rots in hell and get’s what she deserves.

  33. Marilyn on
  34. JR, stay where you are at !!!!!! You are better off with the company you have started and with racing for Hendrick. Don’t think for a minute you need to put out money for something you should have had in the first place. Let the past be the past in your life.

    You are doing great and I think you are the cutest thing!!!!

  35. Rick Langill on
  36. It took a year for her to relise that she can run the company. She should sell to Jr. Keep Truex, get rid of the other drivers, and hire Tony stewart, and bring in Brad. And team up with Hendrick for the moters and i think DEI could be a top company again.

  37. Gwen on
  38. Things always workout for the best,,,,who know maybe Junior and R Hendrick will invest…I believe if they did,,employees that work there, hopefully moat of them, or all of them can remain,,,guess another hit item for silly season!!!

  39. Sterling on
  40. Let’s not throws stones…respect Dale Earnhardt’s widow as any man would want foremost. She and little E at the time had their own personal issues I’m certain, because Senior shared his relationship to his son with her…its only natural. I believe what Jennifer wrote earlier:
    By Jennifer on Jul 8, 2008
    “I hope Teresa will be smart and give Dale JR, the first opportunity to buy the company. It should be his, Kelly’s, Kerry’s and the little Taylor’s anyway. That is what Dale SR would have wanted.”

    Jennifer has a great point and I hope Dale Earnhardt Jr. has that first dib on his late fathers business…Teresa helped build DEI and the souvenier empire but its HIS legacy and business that was created for him, her, and his family. Denying any part would be wrong. Why not get the most of the situation financially and emotionally by offering Junior a first bid?
    She has a chance to extend the olive branch and whatever problems there were would be no more. No one else would be willing to pay for the name or shell out the dough it would require for a team to exist while that waiting game played out. Good luck to both of them and those associated.

  41. barbara on
  42. Yes,I agree, Jr doesn’t need her headache, she asked for what she is getting. Dale Sr, opened that business for his SON and she robbed him of it. So some people say she is business sense BUT ONLY WITH PROMOTING DALE SR when he was living—DALE SR WAS THE BRAINS OF THE BUSINESS. I saw Dale Sr (and Morgan Shepherd)drive at a dirt track in North Carolina many years ago and he drove just the way he did until the day he passed. HE NEVER intentionally hit someone he just made you aware that he was coming through. b.rose2008@comcast.net Oh! If I was his sister of Jr I wouldn’t give her 10 cents for it.

  43. Jr Nation Fan on
  44. Jr should not have to buy the Company
    Its not worth anything anymore.
    He has JR Motorsports and thats the
    a tribute to his dad. Sr. is looking down
    and he knows the mistake he made Leaving
    Teresa in charge, He knows JR will make his (Sr.)dream come true. His name sake will make
    it.

  45. HELEN on
  46. WELL WELL WHAT COMES AROUND GOES AROUND FOR TERESA TO BE SO SMART SHE HAS REALLY SCREWED DEI
    UP ROYALLY!!
    I WISH DALE SR COULD SEE HOW HIS WIFE REALLY IS
    AND I’M SURE HE WOULDN’T APPROVE ESPECIALLY HOW
    SHE’S TREATED HIS KIDS!!
    LIKE EVERYBODY ELSE HAS SAID STATING THE OBVIOUS
    DEI WAS CREATED IN THE LONG RUN FOR DALE SR’S
    KIDS AND THAT INCLUDES TAYLOR TOO!!
    TERESA YOU REAP WHAT YOU SOW NOW YOU HAVE TO
    DEAL WITH IT!!

  47. deborah on
  48. I knew this would happen.If the rumors are true Teresa has let Dale Sr down something awful.He was a great man a wanted only the best for his family.I know he told me so.Dale Jr should have been given the 51% then the company would not be in the shape it is in.God I hope he does get it and brings it back to its glory.I know it would make his father proud.

  49. Deborah Reyes on
  50. Teresa is getting just what she ask for. I hope Jr will NOT give that blank of a monster one penny of his money. I knew it would not take long for it to fold without Jr. We all knew Jr was the one making her money. If Sr was here it would be a horse with a different color. Jr i think you are doing GREAT jUST WHERE YOU ARE. By the way I also think Sissy Bush pushed you in the wall just so you would not get the win cause he knows you are the best when it comes between you and him and so do 99% of the racing fans.

  51. Teresa on
  52. Dale Sr started this company for ALL his children, not Teresa. She would have still been making big money if she had allowed Dale Jr to have controling interest in the company. Jr is the reason DEI continued to make money. I hope that Jr, Kelly, Kerry, AND Taylor buy it out and continue Dale Sr’s dreams.

  53. John on
  54. I think JR should get it. I mean his dad was a member of RCR and still ran DEI so why cont JR be a member of Hendricks and run DEI. Teresa should realize she made a HUGE mistake but not taking JR at his first offer. Now she is losing her ass and the only one that may be able to get her out of it is the one man who she pushed away in the first place. talk about irony

  55. Chris in Darlington on
  56. Many drivers have many stocks ? investments. It would be ironic if Dale Jr. bought in to help DEI, then eventually ran ? owned it ! BUT he needs to stay with Hendricks, there is a true caring there, one he never had from DEI

  57. Helen K on
  58. What do you think will happen to DEI? Not much!
    She made her decision, let her figure it out-she blew it and she knew it! Now maybe JR can let go of the past and get on with his life and go forward with his racing to win! It’s obvious she didn’t want Dale Sr’s son to have any part of his company, so I hope Jr doesn’t want to buy into DEI – maybe Hendrick will—-

  59. nascarbaby on
  60. Teresa, is going to be holding the gas can.
    No where to put it.
    She did what Uoko , did to John Lennon’s family. Scewed them. $$$$$$$ His son had 10,mill. coming to him, free & clear. She saw that he never got it. ***
    So I hope that Jr. & Rick Hendricks buy the company dirt cheap. Keep everyone working.
    Nascar would benefit & so would they.
    DEI…ing

  61. Janet In Alabama on
  62. DOLLARS AND GREED SENT DEI DOWN THE DRAIN..MAYBE JR CAN (IF HE WANTS IT)MAKE IT WHAT HIS FATHER DREAM IT WOULD BECOME, A FAMILY BUSINESS

  63. beachbaby on
  64. Teresa has come a long way from being Dale Jr and Kelly’s nanny. Funny how that has never come out but it’s true. I hope Dale Jr and Rick Hendrick partner to purchase it.

    I never could understand why Dale Earnhardt did not have any of his children as aires to his buissines. Forever a FAN Forever the MAN.

  65. TAMMY on
  66. SHE DESERVES EXACTLY WHAT SHE GETS, AFTER THE HELL SHE PUT JR THROUGH THE PAST 2YRS, ITS ALL CALLED “KARMA” COMES BACK AT YA 3 FOLD.

  67. Donna on
  68. Well I was sorry to see Jr. go from a company that his Dad had started for his children to do right with it ..And as she was not willing to give Dale Jr. 51% of the company when he wanted it he moved on ..I say kudos to Jr. for leaving and getting on with his race career ..I sure hope Dale Sr.’s company does not go under it would be ashame really he started that company for racing and hope his leagacy continues ..I would hope after everything she has done to Jr. she can see right and do right by the family to keep that company going and do what is right to keep Dale Sr. legacy alive …So we will all see as the rumours are flying but Max siegel said it is not for sale so lets just wait and see what will happen ..

  69. Robin on
  70. How she could not see this coming I will never know. A good business woman?

  71. Harry Hewko, Jr. on
  72. Tereasa shouldn’t be so greedy and thick headed, they never hit it off together when the old man was here , and if he was still here his Dad would give it to him, and she should give it to him also , she family, family is Strength together !

    I’m no longer certain the place you are getting your info, however good topic.
    I must spend a while learning more or working out more.
    Thanks for magnificent information I was on the lookout
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  73. Ncrdbl1 on
  74. She DID offer to sell it to Jr and Kelly but they wanted her to GIVE them 51%. Jr fans are blinded by their fandom of Jr to admit the fact.

    The main sticking point in the negotiation of a new contract for Jr at DEI is that they wanted part of the company as part of the deal. They did not want to buy part of the company but wanted part of it given to them as part of the driver’s contract.

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