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RYR to merge with Newman-Haas: Robert Yates Racing and Newman-Haas Racing will reveal on Friday its plans to merge, a source close to the situation confirmed to ESPN.com. A formal news conference has been set for that afternoon at Indianapolis Motor Speedway. Actor Paul Newman, an avid racer and long-time team owner in open-wheel racing, and partner Carl Haas own the team currently leading the Champ Car series with driver Sebastien Bourdais, a three-time champion in the series. Yates last month at New Hampshire International said he had personally abandoned pursuit of a business partner, saying he had no debts and didn't need to get into a more pressure-packed situation answering to a partner's business demands. He did, however, say he would allow a head-hunting firm continue to look in that area. Like Robert Yates Racing, Newman-Haas has had deep ties with Ford.(ESPN.com)(7-25-2007)
