There had been rumors for about a month that the Richard Petty Motorsports #43 entry may be switching to Toyota in the off-season. After the closure of Leavine Family Racing at the end of the 2020 season, Toyota will have lost 6 full-time Cup Series teams since 2015. (3 from Michael Waltrip Racing, 2 from Furniture Row, 1 from Leavine)
Speculation that Denny Hamlin and Michael Jordan may be attached to a new investment backed by Toyota swirled around at first, but more recent gossip is that it may be a Denny Hamlin investment without others.
It has now been reported by Bob Pockrass that Richard Petty Motorsports will not be switching manufacturers in 2021. No announcement from the team has been made in regards to who their driver may be after the departure of Darrell Wallace Jr., but we now know the team will remain with Chevrolet.