NASCAR Sponsorships On The Decline

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 [...]