Mondelez Signs New Sponsorship With USOC Nike's LeBron, Durant Shoes Sales Sagging Infiniti To Sponsor Braves At SunTrust Park Under Armour's Newton Ad Becomes Game Dustin Johnson Re-Ups With Adidas For Apparel Marketplace Roundup Dr. J Sells Rights To Name, Image Guaranteed Rate Sponsoring White Sox Event South Carolina-Under Armour Deal Worth $71.5M Marketplace Roundup
SBD/January 26, 2011/Marketing and Sponsorship
Wheels & Deals: MWR Exec Optimistic About NASCAR Sponsorships
Published January 26, 2011
RIGHT ON TARGET: ESPN.com's Ed Hinton noted Earnhardt Ganassi Racing "secured 100 percent renewal for this season with sponsors whose contracts were up" despite the Sprint Cup Series still suffering from "corporate sponsorship dropout in a still-sagging economy." Bass Pro Shops and McDonald's "will go again" as primary sponsors of the No. 1 car driven by Jamie McMurray, while Target stays with Juan Pablo Montoya's No. 42 car. EGR was "born just two years ago from the merger of two troubled teams by economic necessity" -- Dale Earnhardt Inc. and Chip Ganassi Racing -- but it "now is as healthy as they come, if you figure funding per car." EGR Competition Dir Steve Hmiel said of team Owner Chip Ganassi's treatment of Target, "I've never seen anybody take care of a sponsor like he does" (ESPN.com, 1/24).
NOTES: Richard Childress Racing yesterday announced a six-race agreement on Kevin Harvick's No. 29 Sprint Cup car with sandwich chain Jimmy John's. The car will be primarily sponsored by Budweiser this season; RCR still has 10 races to sell on it (Mickle)....NASCAR has reached an exclusive multiyear deal for K&N Filters' oil and air filters to be the league's official air filter (THE DAILY)....Rockstar Energy Drink has signed MotoGP World Champion Jorge Lorenzo to a sponsorship deal. The deal marks Lorenzo's first U.S. sponsor and Rockstar's first-ever sponsorship of a MotoGP racer (Rockstar)....Music magazine Vibe is "slapping its logo on rookie driver Darrell Wallace Jr.'s race car and promising extensive editorial coverage in support of NASCAR's Drive for Diversity program." Vibe is "working with Wallace's race team, Revolution Racing" (INDIANAPOLIS STAR, 1/23).