hearing reports that Cale Yarborough’s efforts to sell the #98 team had failed and the team has closed down(1-24-2000) — UPDATE: hearing today is D-Day for something to happen, either a buyer or the team shuts down(1-25-2000) — UPDATE 2: Looks like the team has closed it’s doors from all reports I have heard, no idea what the plans are(1-26-2000) — UPDATE 3: Motorsport legend Cale Yarborough, in business as a car owner since 1987, has shut down his race team, Cale Yarborough Motorsports, apparently unwilling to continue under current conditions. There has been no official announcement, and Yarborough could not be reached for comment(SpeedVision)(1-27-2000) — UPDATE 4: hearing Cale Yarborough says the shutdown of his #98 Winston Cup team is not necessarily permanent, but that he is unwilling to go on until a sponsor or investors make it financially viable to go on — UPDATE 5: from NOL….Contrary to recent reports that he has shut the doors on his race team, Cale Yarborough isn’t ready to give up just yet, a team spokesperson said Friday. “A sale is still in order at this time,” said Marlene Emery, the team’s general manager. The team owner was unavailable Friday but was expected to have some news on the situation Monday. The 1999 sponsor, Universal Studios, failed to re-up after the season(NOL)(1-28-2000)
