Richard Petty, Richard Petty

His father, Lee Petty, won the first Daytona 500 in 1959 and was also a 3 time NASCAR champion. Richard's son, Kyle Petty, is also a well-known NASCAR driver. Richard's grandson, Adam Petty, was killed in an accident at New Hampshire International Speedway on May 12, 2000, five weeks after the death of Lee. Meanwhile, Adam's brother Austin works on day-to-day operations of the Victory Junction Gang Camp, a Hole in the Wall Gang camp established by the Pettys after Adam's death. Petty married his wife Lynda in 1958 and they have four children - Kyle Petty, Sharon Petty Farlow, Lisa Petty Luck and Rebecca Petty Moffit - and 12 grandchildren. The family still resides in Level Cross; they operate Richard Petty Motorsports. The Richard Petty Museum is in nearby Randleman, North Carolina. Since January 7, 2008, Petty Enterprises has been the newest resident of Race City, U.S.A., moving their race team into the vacated Yates Racing facility in Mooresville, N.C. King Richard Petty frequently signs autographs for people and he remains a popular figure in the garage area.

The name was originally going to stay the same, but due to Evernham leaving the team, It was renamed Richard Petty Motorsports, despite George Gillett continuing to own the majority of the team.

Source: Wikipedia > Richard Petty