Mayfield pleads guilty, avoids jail time

Former NASCAR racer Jeremy Mayfield pleaded guilty Monday in North Carolina Superior Court to three misdemeanor counts -- two for possession of stolen goods and one for possession of drug paraphernalia. He will serve a 45-day suspended sentence, meaning Mayfield will avoid jail time provided he does not violate 18 months of probation.

Mayfield will also pay $88,124.41 in restitution to the victims, of which $60,000 was paid Monday, with the rest being paid Tuesday, officials told FOX Carolina affiliate WBTV.

Mayfield was suspended indefinitely by NASCAR in May 2009 after testing positive for methamphetamine. He subsequently sued NASCAR in an attempt to have the suspension lifted, but the suit was dismissed. Although he said after Monday's sentencing that he wants to return to racing, he did not indicate whether he would attempt to resume his NASCAR career.

"I'm not sure what we're going to do now," Mayfield told . " In some way (I want to race). I'm not sure what way yet.