Penske Racing’s decision to “mutually” part ways with tumultuous driver Kurt Busch proves that sponsorship dollars drive NASCAR.
Kurt Busch is reportedly out at Penske Racing, according FoxSports.com, citing multiple reports, including a story in the Charlotte Observer. Busch will be replaced in the No. 22 Shell Pennzoil Dodge next season following a season of high profile outbursts and meltdowns.
Penske Racing is still planning on running three teams next season. The team of Sam Hornish, however, is dependent upon securing sponsorship.
Stewart Haas Racing announced that Mobil 1 has signed on to replace a departing Old Spice as co-sponsor of Tony Stewart’s No. 14 Sprint Cup Chevy.
Jayski is reporting that Stewart Haas Racing’s No. 14 car has emerged as the likely candidate to land Mobil 1 as a sponsor for 2011. If Mobil 1 signs with SHR to sponsor Tony Stewart and the No. 14 car, it will replace Old Spice, which announced it would be leaving the team at season’s [...]
Richard Childress Racing announced today that Budweiser will sponsor the team’s No. 29 Sprint Cup entry and driver Kevin Harvick in 2011, replacing Shell Pennzoil, which is leaving the team to sponsor Penske Racing and Kurt Busch.
Mobil 1 is expected to move to Stewart Haas Racing’s No. 14 car, replacing Old Spice, which is leaving the team at the end of the season, according to ESPN’s Marty Smith.
AJ Allmendinger has signed a multi-year deal to stay with Richard Petty Motorsports behind the wheel of the No. 43 Ford. A formal announcement is expected Friday at Watkins Glen International.
Autoracing1.com (subscription required) is reporting that Budweiser will move its Sprint Cup sponsorship from Kasey Kahne, who is leaving Richard Petty Motorsports to join Hendrick Motorsports, to Kevin Harvick and Richard Childress Racing’s No. 29, who is losing his Shell Pennzoil sponsorship to Penske Racing’s No. 22 and driver Kurt Busch. At this point, this is a [...]
Richard Childress Racing and Kevin Harvick have reportedly reached an agreement on a contract extension that will keep Harvick in the No. 29 Chevy beyond the 2010 season. An official announcement is expected Saturday before the All Star race.