Two executives with the Arizona Diamondbacks have purchased majority interest in the team owned by Troy Aikman and Roger Staubach. Jeff Moorad, chief executive officer of the Diamondbacks, and Tom Garfinkel, the chief operating officer, will be introduced as the controlling owners of Hall of Fame Racing Sunday at California Speedway, two people familiar with the deal told the AP. The original ownership group, including Aikman and Staubach, will remain involved as minority owners. But Moorad, who is part of the Diamondbacks ownership group, and Garfinkel will have controlling interest. Garfinkel has vast racing experience through his previous role as executive vice president of Chip Ganassi Racing. Moorad founded his own management company in 1983, and has represented athletes such as Manny Ramirez, Will Clark, Steve Young, Warren Moon, and Aikman. It was that previous relationship with Aikman that led the executives to Hall of Fame Racing when they began looking for a team to purchase. Hall of Fame Racing has a close alliance with Joe Gibbs Racing, and that’s not expected to change with the sale. Gibbs currently fields Chevy, but is expected to announce next week that it is switching to Toyota. Although aspects of the Hall of Fame sale are still being discussed, sources told the AP the team will use the same manufacturer that Gibbs does next season.(USA Today/Associated Press)(9-2-2007) UPDATE: Hall of Fame Racing will continue its partnership with Joe Gibbs Racing and follow its switch from Chevy to Toyota in 2008, the teams announced. HFR general partner Bill Saunders and Joe Gibbs Racing president J.D. Gibbs announced the partnership extension. JGR is expected to announce Wednesday its move to Toyota. JGR supplies engines, chassis and bodies to HFR in a lease agreement. Tony Raines is the driver of HFR’s car, which is sponsored by DLP/Texas Instruments. [new owner Tom] Garfinkel said no decision has been made on whether Raines will return next season. DLP is in the second year of a three-year deal with the team and will continue next season as the primary sponsor.(ESPN.com)(9-3-2007)
