Petty Enterprises

Petty Enterprises (formerly Lee Petty Engineering) was a NASCAR racing team based in Level Cross, North Carolina, USA. It was founded by Lee Petty with his two sons Richard Petty and Maurice Petty. The team was later owned by Richard Petty, his son Kyle Petty and Boston Ventures. At the time of its folding the team operated the No. 43 and No. 45 Dodge Chargers in the NASCAR Sprint Cup Series. Petty Enterprises ran from 1949 until 2008. The team closed shop in January 2009 and merged with Gillett Evernham Motorsports after sponsorship could not be found for any of the cars in the Petty stable; the merged team took the name Richard Petty Motorsports, adopting a logo similar to that of Petty Enterprises' logo. In 2021, Richard Petty Motorsports became Petty GMS Motorsports, and in 2023 the team rebranded as Legacy Motor Club.

Petty Enterprises formerly held the title of winningest team in NASCAR Cup Series for 61 years, beginning in 1960 with a win by Lee Petty. At the time of the team's final victory, it totaled 268 wins in the series. In 2021, Hendrick Motorsports eclipsed the record, winning its 269th race in the Coca-Cola 600 with Kyle Larson.

The facilities in Randleman that was vacated by the race team is still owned by the Petty family and is now (since 2010) a small business called The Petty Garage and specializes in custom cars, vintage restorations, and other specialty automotive work. The last few years has seen it host Mopar (Chrysler Co. vehicles) appreciation meets.

Founded as Lee Petty Engineering, Lee Petty brought Petty Enterprises their first starts, the first of these at Occoneechee Speedway, where Petty finished ninth. The team's first win came that year in Lee's fifth start at Heidelberg Raceway, with Petty and the team finishing 2nd in points that season. Petty won one race in each of the years 1950 and 1951, before collecting three victories in 1952. Lee grabbed five wins in 1953 and finished second in points before winning the championship in 1954. He followed that with six wins the next season and two more the following year, making him one of the most dominating drivers in the series at that time. In 1957, Petty won four races as the team began running additional teams. Petty would accumulate a total of 54 career wins, one of them being the inaugural Daytona 500 in 1959, and three national championships. But during the 100 Mile Qualifying Races for the 1961 Daytona 500, Petty was involved in a horrific crash with Johnny Beauchamp, this would hospitalize both drivers, and Petty would only make a handful of starts between 1962 and 1964.

Lee's sons, Richard and Maurice Petty, would also make a few starts in their father's cars in the early part of their careers. Several other drivers raced a handful of times in the No. 42, including Marvin Panch, Paul Lewis, Tiny Lund, G.C. Spencer, and Dan Gurney.

The year of 1979 saw Richard's son, Kyle Petty, start his career winning the very first race he entered - the Arca 200 at Daytona International Speedway, Petty drove five cup races for PE in 1979.

In 1983, the No. 42 became the #7 due to Kyle Petty's 7-Eleven-sponsorship. Kyle earned eight Top 5's, but no wins during that stretch. Petty left to drive for the Wood Brothers in 1985, taking the sponsor with him and causing the team to shut down.

Believed to be one of the most recognizable numbers in motorsports, the No. 43 team debuted in 1954, when Lee Petty expanded to a two car team and put Bob Welborn in the driver's seat. Welborn competed in two races that season; West Palm Beach and Savannah, finishing 11th and 20th, respectively. The #43 would not return with Petty Enterprises until 1957, this time with Bill Lutz behind the wheel. Lutz drove his Oldsmobile to a 6th-place finish at Daytona Beach. The 43 car would once again take a break from competition until 1959, when Lee placed his son Richard in the car.