Jun 12, 2009
Friday
GM making “NASCAR-wide” cuts in support
Caught in the Catchfence™
June 12, 2009 – 11:35 pm | Print
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General Motors has told NASCAR teams it is cutting back on its support in all of the sanctioning body’s professional series.
Among the teams already notified that they will lose funding are JR Motorsports, owned by Sprint Cup star Dale Earnhardt Jr., and Kevin Harvick Inc., co-owned by Cup star Harvick and his wife, DeLana. JRM races in the second-tier Nationwide Series, while KHI has entries in Nationwide and the third-tier Camping World Truck Series.
Cuts are also expected in the top-tier Sprint Cup series.
Chevrolet spokesman Terry Rhadigan said Friday that GM, reorganizing through Chapter 11 bankruptcy, said cuts would be made soon.
“Our discussions are indeed NASCAR-wide,” he said.
Article Tags: Chevrolet, Dale Earnhardt Jr, DeLana Harvick, GM, JR Motorsports, Kevin Harvick Inc., KHI, NASCAR Camping World Truck Series, NASCAR Nationwide Series, NASCAR Sprint Cup Series, Terry Rhadigan
