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SBD/Issue 129/Sponsorships, Advertising & Marketing
Joe Gibbs Racing Finalizing Broad-Based Partnership With IMG
Published March 24, 2009
|J.D. Gibbs Says Deal Will Not Preclude Race
Team From Working With Other Agencies
NASCAR NOT TURNING A BLIND EYE: JGR Owner Joe Gibbs said NASCAR “has their ear to the ground” in regards to the economic impact on the sport. Gibbs: “They’re talking to the teams. ... Of course, everybody’s No. 1 thought is how can we do this for less? You don’t want to put a burden on sponsors, and certainly in this kind of a business climate, it’s extremely tough.” Gibbs added, “NASCAR works. NASCAR is a great marketing tool. It’s only going to get better. But at the same time, it makes it tough for anybody dealing with corporations … right now.” He noted NASCAR “is focused on how do we save money, how do we make this sport as competitive as we can make it?” (“NASCAR Now,” ESPN2, 3/23).