Catchfence

MOORESVILLE, N.C. (Friday, June 12, 2009) – Statement from Kelley Earnhardt, vice president and general manager of JR Motorsports, regarding General Motors’ decision to discontinue its funding of JRM’s NASCAR Nationwide Series programs:

KELLEY EARNHARDT, GENERAL MANAGER / JR MOTORSPORTS

“Obviously the automotive industry is dealing with unprecedented business challenges, and we understand the need for restructuring to accommodate the need to reduce costs and maximize return. We have been proud supporters of the Chevrolet brand our entire lives and don’t anticipate that ever changing. We are fully capable of adjusting our business model to accommodate this change, and with the backing of Hendrick Motorsports, we will continue to lend our full support to Chevrolet. The manufacturer support GM provides at the NASCAR Sprint Cup level is more critical in nature than in the Nationwide Series, and I hope Chevy is able to continue supporting that level, as the promotion of NASCAR works well for its demographics.”

- JR Motorsports Press Release