Ok... deadbeat owner, as dubbed by Kevin Harvick, might be a little harsh, but I couldn't bring myself to call Teresa Earnhardt the wicked step-witch. She's probably already having a bad day.DEI's failed negotiations with Dale Earnhardt Jr. could eventually go down in the history books as one of the worst business--and personal--decisions in the history of NASCAR. After all, this isn't TEI we're talking about ... or at least it wasn't until now.
Will the company Dale Earnhardt left behind go on without his son behind the wheel? As DEI's own Max Siegel put it today,
only time will tell.
But it doesn't take much time to realize what's been lost:
PersonalityMost noticeable in the short run will be the loss of personality--that of the larger-than-life Dale Earnhardt Jr., NASCAR's fan favorite four years running. The very public personality that Teresa Earnhardt called attention to in the
Wall Street Journal article late last year in what may have been the beginning of the end of the working relationship between DEI and Earnhardt Jr. the driver.
SponsorsMoney puts cars on the track. Siegel put his cards on the table today:
"We have to figure out a way not to become solely reliant on our sponsorship revenue to survive as a team."
Is that even possible? DEI is going to take a huge hit to their bottom line when they lose the influx of Budweiser money, which I think everyone knows is a reality.
Hard to tell at this early stage how much more money will follow Junior out the door.
Talent
Martin Truex Jr. - He stays put--
for now--and has another year on his contract ... with ways to get out if he wants. Do his loyalties lie with mentor Dale Earnhardt Jr., who brought him in, or with the company that's been paying his salary the past few years?
Find out more tonight--Truex will be a guest on a special hour-long edition of "NASCAR Now." Paul Menard - I assume DEI is stuck with him as long as John Menard is willing to keep dumping his money into his son's dream and his girlfriend's (?) team.
By now, just 6 hours after Junior's press conference, I'm sure teams are lining up to negotiate. How many drivers of Junior's caliber do you think are beating down the door at DEI to replace him?
Previously on FanhouseNASCAR's Most Popular Driver Is a Free AgentLIVE BLOG: Dale Earnhardt Jr. Press ConferenceIt's the End of the World as We Know It