Full Throttle

Geoff Smith, the head of Roush Racing, said that the proposed merger with Red Sox owner John Henry’s Fenway Sports Group is proceeding nicely, and if the deal is completed it should be by early February. Jack Roush and Smith are negotiating a sale of as much as 50% of Roush Racing to Henry and his company.

“It’s still progressing, and progressing positively toward closing,” Smith said of the negotiations. “It’s pretty straightforward on how it’s proceeding. Lawyers are looking at documents, accountants are working on plans for operational adjustments that need to take place. All those practical things are in motion. People are out in the garage verifying how certain things work. I would expect by the time we show up in February at Daytona there will either be a deal in place or there won’t be a deal at all.”

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