Published on June 3rd, 2009 | by Michael J Smith0
Bankruptcy Proceedings Holding Up Dodge Payments; Chevy Not Affected
Richard Petty said that funding from Dodge is on hold due to bankruptcy proceedings. And, Penske Racing’s Walter Czarnecki also said that payments from Dodge have been held up by legal proceedings. Meanwhile, a General Motors spokesperson said that there are no expected budget cuts for GM’s racing program.