SportsBusiness Daily — Sports Business Resources — your sports business news and information source. Learn More
Advanced
Home About Us Advertise With Us Marketplace/Classifieds College & University Program Subscribe/Trial My Account

Friday
September 21, 2007
Print This Issue


 
MOST VIEWED STORIES
View the top 20 stories
 
Recent Issues
Sponsorships, Advertising & Marketing

Sweet On Kyle: Mars Close To Deal To Bring M&M's To JGR

M&M's Could Replace Interstate As Primary
Sponsor Of Busch's Ride Next Year
The Mars candy company is finalizing a deal to use its M&M's brand to sponsor NASCAR Nextel Cup driver Kyle Busch when he moves to Joe Gibbs Racing next season, according to Jenna Fryer of the AP.  An official announcement is expected next month at M&M's World in N.Y.  M&M's would replace Interstate Batteries, which has sponsored Gibbs' No. 18 car since its inception in '92.  Interstate Chair Norm Miller is a "close friend" of Gibbs, and Miller funded the No. 18 to help start JGR when it was a single car team.   The M&M's sponsorship would be a "financial upgrade," as JGR has "rapidly expanded into a three-car operation, and Interstate could not financially compete with the big budgets" of JGR sponsors The Home Depot and FedEx. Gibbs "continued to work with the company out of loyalty, even as Interstate began selling off races" to other sponsors.  Interstate is expected to stay with the team "in a smaller role."  M&M's is currently on Robert Yates Racing's No. 38 Ford, and it is unclear if Mars will continue the Snickers brand's sponsorship of Yates' second car, but the move to JGR "is troublesome to the Yates organization" (AP, 9/20).

Reader Comments

To post comments on this article, log in or register for a free trial.

Related Stories By Company Related Stories By Sport
Salesgenie Pulling Super Bowl Pandas Ad
February 6, 2008 : SportsBusiness Daily

“OTL” Examines "Blitz" Videogame
October 3, 2005 : SportsBusiness Daily

GM Renews Long-Standing Daytona Pact
January 7, 2009 : SportsBusiness Daily

Roger Penske Discusses Detroit Grand Prix
January 7, 2009 : SportsBusiness Daily

Wheels & Deals
January 7, 2009 : SportsBusiness Daily

Wrangler Scales Back Parts Of Dale Jr. Deal
January 6, 2009 : SportsBusiness Daily

TLC To Debut "NASCAR Wives" Reality Series
January 6, 2009 : SportsBusiness Daily

ALSO IN THIS SECTION


A Publication of Street & Smith's Sports Group
Privacy Policy - Terms of Service
© 2009 Street & Smith's Sports Group
All Rights Reserved