With the Wall Street Journal reporting last weekend on the fall of Chrysler, and its effect on NASCAR, and the Orlando Sentinel’s recent report that the automotive task force is giving Chrysler half of the money it requested for marketing, many are predicting cutbacks of both Dodge and Chevy in NASCAR. This is no surprise [...]
Despite announcing that it would file for bankruptcy protection and its recent partnership with Fiat SpA, Chrylser said that it remains committed to the Sprint Cup series and NASCAR. Mike Accavitti, an official with Dodge Motorsports, said: The partnership not only will transform Chrysler into a new, stronger car company with many strategic advantages, it [...]
As GM considers bankruptcy, and Car and Driver publishes hoax articles about Dodge and Chevy being ordered out of NASCAR, I asked myself what would happen if Dodge and or Chevy pulled out of NASCAR. The answer? Probably not much would happen. While NASCAR touted the safety aspects, the savings, and the closer competition as [...]
Continuing the fallout surrounding Car and Driver’s April Fool’s hoax, Ann Coutler, apparently fell for it. In her column dated yesterday, she wrote: If Obama can tell GM and Chrysler that their participation in NASCAR is an “unnecessary expenditure,” isn’t having public schools force students to follow Muslim rituals, recite Islamic prayers and plan “jihads” [...]
Bloomberg News is reporting that due to the state of the economy, NASCAR sponsorships are on the decline. “General Motors Corp., Chrysler Corp., Sears Holdings Corp. and Chevron Corp. will cut or drop sponsorships next season.” Some teams the sport that biggest names, Petty, Earnhardt, and Waltrip could enter the 2009 season with unsponsored cars. Chip [...]