After months of speculation, the Budweiser/Kevin Harvick negotiations are entering the homestretch. Kenny Bruce from SceneDaily is reporting an announcement could happen within the week on a multi-year deal to sponsor Harvick and the No. 29 Chevrolet. The beer company is expected to leave Richard Petty Motorsports and former driver Kasey Kahne, who recently signed an agreement to drive for Red Bull next season. Sources confirmed to Frontstretch‘s Tom Bowles several weeks ago RCR is the only team left in the running for the sponsorship.
Harvick’s current sponsor, Shell/Pennzoil, is bolting for Penske Racing and driver Kurt Busch in 2011. That left Richard Childress Racing searching for a replacement, although Harvick himself signed a multi-year contract extension in May without a financial backer in place.
The Sprint Cup points leader, Harvick is enjoying his first multi-win season since 2006 and has a 185-point advantage over Jeff Gordon in the standings.