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Jarrett/Toyota offer..$20 million? Toyota - The Japanese automaker has pumped in tens of millions of dollars into its teams to launch a Nextel Cup program in 2007. Car owner Michael Waltrip is rumored to be dangling a two-year, $20 million contract in front of Dale Jarrett to get him into a Toyota.(Speed Channel)(5-3-2006)
UPDATE: #99-Dale Jarrett, the 1999 NASCAR Cup champion, is expected to help head up the company's [Toyota] 2007 entry into the series, agreeing to join Michael Waltrip Racing next season. Several sources have confirmed that Jarrett, 49, informed Robert Yates Racing officials of his decision April 26. UPS, the primary sponsor of the No. 88 Ford, is also in the final year of its contract with the team. And sources have indicated that the overnight delivery service provider would like to remain with RYR, provided the team can sign a competitive driver rather than someone just embarking on a Cup career. If the latter is the case, it's likely that UPS will make the move with Jarrett to Waltrip's organization. RYR typically attempts to sign sponsors for the length of its drivers' contracts. Because of that, those sponsors have some leverage in driver selection. Possible driver candidates that have been mentioned in the Toyota mix have included Richard Childress Racing's Kevin Harvick and owner/driver Robby Gordon. However, car owner Richard Childress said April 29 that he is close to signing Harvick to an extension. Gordon, who has fielded his own team since 2005, has an existing relationship with Red Bull through his off-road racing efforts.(in part from SceneDaily.com)(5-3-2006)
Waltrip discusses Jarrett: Michael Waltrip says he and several other teams have talked with Dale Jarrett about his future plans; however Waltrip downplays a report Jarrett was offered a two year, $10-million contract [see below] to join his Toyota team. “I haven’t made him any offer monetarily and I think I’m pretty sure I can tell you no one has offered him that (10-million) but it makes for pretty good print.” Waltrip said he’s more interested in Jarrett’s services than sponsor UPS. “We have our second car pretty much agreed upon with the sponsor and we’ve got a list of drivers that would be approved by the sponsor and he’s on that list. Anybody would hire Dale Jarrett, former cup champion and his sponsor UPS. We just want to hire Dale because we think he can win races and because that being our focus and the reason our drive for hiring him then I think he appreciates that."(PRN's Garage Pass Radio Show)(5-4-2006)