sponsorship Tag

By Luis Torres, Staff Writer Chip Ganassi Racing will shut down its No. 42 NASCAR Xfinity Series team that was scheduled to be driven full-time by Ross Chastain due to lack of sponsorship funding, the team announced Friday. “Due to a lack of sponsorship funding we will cease operation of the No. 42 Xfinity team in 2019,” said Ganassi in a press statement. “This was a difficult decision for me to make and it comes with much anguish as this is a championship caliber team (having won six races and finishedRead More
By Adam Tate, Associate Editor Williams title sponsor Martini will end its association with the team and Formula One at the end of the 2018 season according to a Team Principal Claire Williams, who confirmed the news today from the pit lane in Barcelona. Martini made its much celebrated return to Formula One with the British team in 2014 and since then they have enjoyed massive returns on their investment, and helped create one of the best liveries in recent history. It was the first time Martini’s iconic stripes had been seenRead More
By Road to Indy CHANDLER, Ariz. – Keith Donegan, 20, from Dublin, Ireland, this afternoon was announced as the winner of the second annual Mazda Road to Indy USF2000 $200K Scholarship Shootout following two days of evaluations at Wild Horse Pass Motorsports Park. A total of 17 young drivers representing nine different nations and drawn from a variety of feeder series from around the world were put through their paces aboard the Bondurant Racing School Formula Mazda cars. Their relative strengths were assessed by a panel of judges including formerRead More
By Adam Tate, Associate Editor Red Bull Racing announced a lubricant and sponsorship deal with oil giant ExxonMobil today. The deal is somewhat of a coup against rivals McLaren who have enjoyed a very succesful, 21 year partnership with the world’s wealthiest company. The deal will see Red Bull use ExxonMobil fuels and lubricants, as well as feature ExxonMobil branding on the cars, the drivers’ fire suits and helmets. Renault, who supplies Red Bull’s engines will stick with fellow French company Total for their lubricant and fuel needs. It will beRead More
By Toby Christie, NASCAR Editor Earlier this season, it was announced that Matt Kenseth’s current majority primary sponsor — Dollar General — would not return as for the 2017 season. This led many to wonder if the 2003 Sprint Cup Series champion would find enough sponsorship to keep the No. 20 Toyota competitive all of next year. Thursday, DEWALT Tools ended that speculation and announced that they will be expanding their role as a sponsor with Kenseth and the Joe Gibbs Racing team as a whole. DEWALT will add fourRead More
By Adam Tate, Associate Editor In a special press conference held today from Circuit Gilles Villeneuve in Montreal, Dutch brewery Heineken finally unveiled its new and much speculated sponsorship deal with Formula One. The deal runs through 2020 but has an option to extend through 2023 and is reportedly worth up to $250 million. A major tenet of the deal will see Heineken serve as the title sponsor for three races per season from 2017 on, they will also be the title sponsor for this September’s Italian Grand Prix as well.Read More
By Toby Christie, NASCAR Editor News broke Monday, that Dollar General will not be back in 2017 as the primary sponsor of Matt Kenseth’s No. 20 Toyota Camry, which is fielded by Joe Gibbs Racing. This comes on the heels of Kenseth’s first win of the season two weeks ago, and the overall insanely stout start to the season by the entire JGR team. Immediately upon hearing this news, people were saying that this means that there is something wrong with NASCAR if the current top team can’t keep theirRead More
By Toby Christie, NASCAR Editor Jeffrey Earnhardt is heading into his rookie campaign in the NASCAR Sprint Cup Series this season. Earnhardt will share the No. 32 GO FAS Racing Ford Fusion with 2000 Sprint Cup champion, Bobby Labonte. Labonte will drive the car in all four restrictor plate events this season, including the season-opening Daytona 500. C&J Energy Services will sponsor the car for those four events. Earnhardt’s schedule is dependent on sponsorship. GO FAS Racing has already announced that Earnhardt is expected to race anywhere between 20 to 32Read More
By Toby Christie, NASCAR Editor The sponsorship picture is becoming much more clear for JR Motorsports as we close in on the start of the 2016 NASCAR XFINITY Series season. We already know that the No. 1 and No. 7 teams, which are to be driven by Elliott Sadler and Justin Allgaier, have a full slate of sponsorship. Friday, the team announced that they have struck a deal with Cessna, which will fill six races of primary sponsorship on their third entry, the No. 88 Chevrolet Camaro. “We are lookingRead More
By Toby Christie, NASCAR Editor Chase Elliott is entering his rookie campaign in the NASCAR Sprint Cup Series this season, and he will do it with tons of sponsorship backing. We already knew that NAPA Auto Parts would be on board the No. 24 Chevrolet SS for 24 races. Additionally Elliott had deals in place with 3M, Kelley Blue Book and Mountain Dew, but there were still four races that the No. 24 team needed to fill sponsorship-wise for this season. Wednesday we found out through a Hendrick Motorsports teamRead More