California businessman Mike Held recently bought out Bill Davis Racing, which has been in NASCAR since 1988. Its flagship car “ the #22 that won the Daytona 500 in 2002 with Ward Burton behind the wheel “ doesnt yet have sponsorship in place for the upcoming season.”Its difficult, theres no doubt about that,” Held said.”If you think were sitting here with something in our back pocket that were just not ready to announce yet, I can assure you thats not the case. … Well keep trying and well keep looking, and we know its not going to be easy.” He and BDR Vice President Marty Gaunt have”made the decision, having owned our own teams before, the one thing we both made a pact to do was we would not attempt to do something that is short of funding “ it always ends in disaster,” he added.”If we come out onto the track (in 2009 with a Cup team) its because it makes good business sense and nothing more.”(Rocky Mount Telegram)(1-1-2009) Comment here
