Sirius NASCAR Radio’s Sirius Speedway with Dave Moody has learned that Richard Petty Motorsports will announce later this week that AJ Allmendinger has signed a new contract to remain with the team through the 2012 season.
The two-year pact was finalized earlier this week, with an official announcement to come on Friday at Watkins Glen International. A Richard Petty Motorsports spokesman confirmed that a press conference will be held Friday at 10 AM in the Watkins Glen Media Center, but declined to comment on the specifics of the announcement.
Allmendinger is currently ranked 22nd in Sprint Cup Series points with a pole and three Top-10 finishes this season, coming off a 24th place showing last weekend at Pocono Raceway. His signing frees the team to ramp-up negotiations with current sponsor Best Buy, which reportedly underwent a change in upper management recently and has not yet finalized its plans for the 2011 NASCAR season.