Reddin resigns from RPM

Tom Reddin has resigned from his post as CEO of Richard Petty Motorsports (RPM), according to ESPN.com.

Our View: Reddin has taken much of the heat leveled at RPM. A former CEO of Lending Tree, he may have found out how difficult this sport can be to industry outsiders. It is unlikely that Foster Gillet will help this team perform much better in the short term and the organization needs to look for someone who knows racing.