RYR re-signs with Ford for 5 years

Robert Yates has signed a five-year extension with the Ford, he told ESPN.com today. There will be a formal announcement on Friday at Dover International Raceway. "What it says to me is that Ford intends to win on Sundays and Mondays, and they're committed," Yates said. "We're happy they're happy with us. It's nice we have signed the thing." This ends any speculation that Robert Yates Racing was looking elsewhere. What the five-year deal offers Yates is some stability and credibility as he continues talks with potential business partners. "The fact is, it's organizational racing now and not individual racing," Yates said. "We have been talking to different people and they ask, 'What manufacturer are you with? How strong is that? How long term is it?' This contract puts a lot to bed. We have a good relationship with Ford, and we continue to." Clearly, Yates is upbeat about the future. He said his team is financially healthy with "zero debt and quite a lot of money in the bank," he said. "I'm OK, but what I want to do is race and win," Yates said. There was a much-publicized flirtation between Robert Yates Racing and Dale Earnhardt Inc., about a month ago, but there was an obvious conflict — Yates had always been a Ford devotee, and DEI owner Teresa Earnhardt has made it clear she has deep Chevrolet ties she is unlikely to break. ESPN.com