Menu
Marketing and Sponsorship

How The Cookie Crumbles: Mondelez Quietly Does Not Renew NASCAR Sponsorship

NASCAR is in the hunt for a new official cookie and cracker sponsor, as Mondelez quietly let its pact with the sanctioning body expire after ’16, according to sources. Illinois-based Mondelez is made up of the former Kraft Foods, whose deal with NASCAR began in ’00. Mondelez last renewed with NASCAR in a three-year pact that started in ’14. Mondelez held the official cookies title with its Oreo, Nilla Wafers and Nutter Butter brands, and was the official cracker of NASCAR with its Ritz and Wheat Thins brands. On the flip side, NASCAR added five new official partners in ’16: Monster Energy, Credit One Bank, Mack Trucks, Old World Industries (Peak) and Allegiant Air, along with a number of renewals. NASCAR typically asks low seven figures for official partnerships, sources say. After wrapping up its two-year hunt to land its new Cup Series entitlement partner, sources say that on top of renewal efforts this year with the likes of Goodyear, NASCAR’s business development group is focused this year on trying to fill a slew of official partner categories including restaurant and QSR. NASCAR declined comment for this story.

SBJ Morning Buzzcast: May 15, 2024

The W's big night; here come the Valkyries and a major step forward in Jacksonville

NASCAR’s Brian Herbst, NFL Schedule Release, Caitlin Clark Effect

On this week’s pod, SBJ’s Austin Karp chats with our Big Get, NASCAR SVP/Media and Productions Brian Herbst. The pair talk ahead of All-Star Weekend about how the sanctioning body’s media landscape has shaped up. The Poynter Institute’s Tom Jones drops in to share who’s up and who’s down in sports media. Also on the show, David Cushnan of our sister outlet Leaders in Sport talks about how things are going across the pond. Later in the show, SBJ media writer Mollie Cahillane shares the latest from the network upfronts.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/2017/01/13/Marketing-and-Sponsorship/Mondelez-Nascar.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/2017/01/13/Marketing-and-Sponsorship/Mondelez-Nascar.aspx

CLOSE