Wallace To Leave Andy Petree Racing
August 31, 2000 | 12:00 A.M. EST
Wallace, who will also end his six-year sponsorship deal with Square D, will continue to drive for Petree in the No. 55 car the remainder of this season.
"Kenny approached me and asked for his release from the last year of his contract and I granted it to him," Andy Petree said. "He wanted to pursue some other options for next year, and I wasn't going to stand in his way. He has been an integral part of this race team since he arrived
here in late 1998, and we wish him the best in his future endeavors."
There were high hopes for Wallace when he joined the APR team two years ago, but in that time they’ve been able to achieve only three top-five finishes and seven top-10s.
"At this point in my racing career I feel a certain urgency to do more with the time I have left," Wallace said. "Andy is an excellent car owner who has been very good to me by surrounding me with top-notch personnel. But for whatever reason, we haven't realized our potential this year. In the best interests of myself and everyone at Andy Petree Racing, I felt that a change was in order. That's why I asked for my release.
"We'll continue to work as hard as ever for the rest of the season, as there is still a ways to go before we get to Atlanta. Despite the fact that next year at this time I'll be in a different situation, I haven't given up on finishing this year on a high note."
Square D will remain as sponsor of the No. 55 for APR next season, and the search for a new driver of the car has begun.
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