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SBD/Issue 229/Sponsorships, Advertising & Marketing
Dodge Vows To Stay Committed To NASCAR For Foreseeable Future
Published August 17, 2009
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| Dodge President Says Company Will Stay Committed To NASCAR |
DRIVE TIME: The affect of the economy on the American auto industry was examined during ESPN's pre-race coverage of the NASCAR Sprint Cup Carfax 400. Chevrolet General Dir of Advertising Sales & Promotion Kim Kosak said when the company was "having to make cuts in this very difficult economic climate, what we had to do was invest in the assets and the teams that gave us the greatest return, quite frankly. So we focused mainly on the Hendrick teams and Stewart-Haas, as well as Richard Childress." Ford Dir of North American Motorsports Brian Wolfe said we "wanted to make sure we're fully competitive" in the Sprint Cup series, so "when we put our budgets together we really budgeted that, from not only from a technical perspective but a financial perspective to ensure our teams can be championship capable." Kosak: "It's part of our DNA and we think it's really important to be both in the Nationwide and the Sprint Cup and really what it comes down to is the fact that we sell cars and trucks with it." Hendrick Motorsports Owner Rick Hendrick said of his team’s relationship with GM, “They've had to make some cutbacks, but the teams have had to make cutbacks too. The that part that really plays the most important piece to us, the technical support, is still there and we work with those guys every day” (“NASCAR Countdown,” ESPN, 8/16).
A DIFFERENT KIND OF COMPANY: In Detroit, Angelique Chengelis writes Penske Racing Owner Roger Penske, who in June began finalizing his purchase of the Saturn brand, likely has "considered a way to bring Saturn" into auto racing. Penske said, "We need to get the deal done. I would love to have a connection to motor sports at some point, I just don't know what that would be. Time will tell." Penske said of the acquisition, "I'm confident if both sides stay focused at the table, our goal is to have it done by the end of September. So we're going to have the answer here pretty quick" (DETROIT NEWS, 8/17).
HOT WHEELS: ESPN.com's David Newton cited sources as saying that Regan Smith has "agreed in principle" to drive Furniture Row Racing's No. 78 Sprint Cup entry next season. Smith this year is "driving a part-time schedule" for the team, but "tentative plans are to run a full schedule" in '10 (ESPN.com, 8/15).








