SBD/Closing Bell

Caterpillar Renews Sponsorship Of RCR's No. 31 NASCAR Ride

Richard Childress Racing and Caterpillar today announced a renewal of their sponsorship deal for RCR's No. 31 NASCAR Sprint Cup Series Chevrolet driven by Ryan Newman. Financial terms were not disclosed (RCR). Newman is in the first year of a three-year contract with RCR, and Caterpillar "has extended its deal at least through Newman’s contract." The heavy machinery manufacturer "is on the car for about two-thirds of the season with Quicken Loans on for the other third" (SPORTINGNEWS.com, 6/26).
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