Published on June 23rd, 2014 | by Michael J Smith0
Report: Home Depot Leaving NASCAR
The Sports Business Journal (subscription required) is reporting that Home Depot will leave the No. 20 Joe Gibbs Racing Sprint Cup Toyota when its contract with the team expires at the end of the season.
Home Depot and JGR have both declined to comment on the situation.
Home Depot began its relationship with JGR in 1999, when they sponsored Tony Stewart in the No. 20. Together, Home Depot, JGR, and Stewart won a championships in 2002 and 2005.
Joey Logano took over the reigns of the No. 20 Home Depot car when Stewart left JGR. He drove it for four years before Matt Kenseth replaced him in the car in 2013.
Over the last three years, Home Depot has reduced its commitment to NASCAR and JGR. They sponsored the No. 20 for 26 races in 2012, 21 races in 2013, and will appear on the car for just 11 races this season.
And for those races, the sponsorship has shifted from Home Depot itself to the store’s Husky brand of tools.
Dollar General could step up and fill the void left by Home Depot, according to the SBJ.
JGR has been at the center of a lot of “Silly Season” rumors this season, as Carl Edwards is said to be considering leaving Roush Fenway Racing to join JGR in a fourth car next season.
It was also reported that M&Ms would move to the fourth JGR Toyota with him, and Monster Energy Drink would fill the void on Kyle Busch’s car. But, JD Gibbs has since denied those rumors. But, JGR could still find sponsorship for Edwards.
Fastenal’s contract with RFR expires at season’s end, and they could move to JGR, if Home Depot really leaves. Aflac could also leave RFR and join Edwards at JGR, if their contract expires at season’s end.