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MARTINSVILLE, Va. -- Team owner Bill Davis insisted on Saturday that he has not sold his organization as published reports indicated.

That doesn't mean he won't.

The owner of Bill Davis Racing said several parties have expressed an interest in purchasing his company that includes two Nextel Cup cars driven by Dave Blaney and Jeremy Mayfield, who will be replaced by Formula One star Jacques Villeneuve next season.

"Like any team our size, we have to be realistic and look at all of our options with what's going on in the sport right now," he said before practice at Martinsville Speedway.

"We've had a lot of interest, a lot of very interested people, and a lot of things that are for real. We just have to do our due diligence and make a smart, logical choice."

ESPN - Davis denies report he's sold NASCAR Cup team - Nascar