Michael Waltrip Hates the Letter “I”

That’s letter “I” as in investor, he much prefers the letter “P” as in partner.

And partner as in financial partner as typified by American investor Robert Kauffman who just purchased a 50% ownership stake in what is now named Michael Waltrip Racing Holdings, LLC. (MWRH)

It should be noted Kauffman is a European-based investment banker, that may mean nothing he is American, on the other hand it could portend more EU based interest in the sport and potentially more investment of cold hard cash in the future as the sport is more widely covered in media outside North America.

Speed is reporting a “handful of investment banking firms, including New York-based Medallion Financial, are still shopping for teams to buy,” and Mikey said the line formed at his garage door looked longer than the newly formed “Red & Green Nations” line at the “#88″ schwag trailer:

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