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Lowe’s will not renew rights at Charlotte speedway

Aug 6

Posted by admin in NASCAR NEWS

Lowe’s will not renew naming rights with speedway UPDATE confirmed: Lowe’s has decided not to renew its naming-rights deal at Lowe’s Motor Speedway after this year, ending an 11-year relationship that began as the first racetrack naming-rights sponsorship. After more than a year of renewal talks, the home improvement retailer informed Speedway Motorsports Inc., the track’s parent company, of its decision within the last two weeks, industry sources said. The initial 10-year, $35 million deal ran through 2008 and last year the two sides agreed on a one-year extension through 2009 when they could not finalize a long-term deal. Talks continued this year, but the two sides have not been able to reach an agreement. Barring a late agreement with Lowe’s or the signing of a new corporate partner, the track is expected to go back to its former name, Charlotte Motor Speedway, in 2010. The Lowe’s deal with Johnson and Hendrick Motorsports expires at the end of 2010 and those renewal talks are expected to begin later this year

UPDATE: Lowe’s confirmed today the company will not renew its naming rights sponsorship of Lowe’s Motor Speedway, a track owned by Speedway Motorsports, Inc. (SMI), when its contract expires at the end of the year. Both companies continue to be in discussions about potential future marketing opportunities. “When Lowe’s entered into this marketing relationship in 1999, it was during the time of our company’s rapid national expansion, and Lowe’s Motor Speedway gave us the platform to introduce the Lowe’s brand to millions of NASCAR fans and consumers across the country,” explained Robert J. Gfeller, Lowe’s senior vice president of marketing and advertising. “We’ve enjoyed a great partnership with SMI over the years. However marketing strategies change, and it was time after 11 years to direct our marketing resources in other areas.”
“Lowe’s has been a tremendous partner for Speedway Motorsports and their corporate involvement has strengthened our sport for NASCAR fans,” said Marcus Smith, president and general manager of Lowe’s Motor Speedway. “We look forward to moving in new directions to help them accomplish their marketing goals in 2010 and beyond.

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Carpentier to drive the 55 next week

Aug 3

Posted by admin in NASCAR NEWS

Carpentier to Return to the Driver’s Seat of the #55: Michael Waltrip Racing (MWR) announced that Patrick Carpentier will return to the driver’s seat of the #55 NAPA Auto PArts Toyota for driver Michael Waltrip at the upcoming NASCAR Sprint Cup event at Watkins Glen International. Earlier this season, the Canadian driver produced an 11th-place finish for Waltrip at the Toyota/Save Mart 350 at Infineon Raceway. “Patrick is being rewarded for perserverence,” said Waltrip, who has 22 starts that equate to one top-five, four top-10 and 14 top-20 finishes at the 2.45-mile road course. “At Sonoma, he drove for me and started out with a car he wasn’t happy with. He worked with my crew chief Bootie (Barker) and my NAPA boys to get an 11th-place finish. We also had a little deal on the side. If he was able to finish solidly at Infineon Raceway and he deemed the experience of working with my team as fun and wanted to do again, then he and I would ask NAPA to allow him to drive again. We all agreed so Patrick will drive the #55 NAPA Auto Parts Toyota for NAPA and me at Watkins Glen.” The NAPA Auto Parts team prepared for the upcoming event by testing with Carpentier at Virginia International Raceway on July 22nd

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Stewart still considering a third team:

Jul 31

Posted by admin in NASCAR NEWS

Stewart still considering a third team: #14-Tony Stewart met with members of the media, part of the transcript:
STEWART – WHERE ARE YOU ABOUT ADDING A THIRD TEAM TO STEWART-HAAS RACING: “We are definitely open to it for sure. We are interested for sure. We feel like it is a matter of timing, it is everything. I don’t know that something would happen for next year. I think we are getting close to the stage of the season where it may get too late to have that opportunity to add a third car for next year. It is something that at least as a company we feel comfortable with and feel like with the right opportunity, that it is definitely possible.”

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RPM

Jul 29

Posted by admin in NASCAR NEWS

RPM downsizing? Sorenson out? UPDATE: Rumors persist that Richard Petty Motorsports will shrink to three cars in the next few weeks, with A.J. Allmendinger moving to the #43 Dodge, replacing Reed Sorenson, and the #44 team being shut down.(Ford Racing)(7-29-2009)
UPDATE: An internet report claiming that Reed Sorenson will be released by Richard Petty Motorsports as part of a downsizing of the team’s Sprint Cup roster appears to be premature. The Ford Racing website reported on rumors that Sorenson will be replaced by former Champ Car star A.J. Allmendinger when Allmendinger’s #44 Dodge is mothballed within the next few weeks. However, a source close to the team - speaking on the condition of anonymity - said today that while the move is being discussed, Sorenson’s release is not yet a done deal. “No one is sure that it’s going to happen,” said the source, “but it’s definitely being talked about. The team is working on the details right now.” If RPM does indeed decide to trim its roster from four cars to three, Allmendinger’s current sponsors would transfer to the #43 Dodge.

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McMurray told he is free to ‘look around’ for a ride; to #1 car?

Jul 26

Posted by admin in NASCAR NEWS

McMurray told he is free to ‘look around’ for a ride; to #1 car? Roush Fenway Racing has informed #26=Jamie McMurray he is free to talk to other organizations about next season, team president Geoff Smith said on Sunday. But Smith said that is not an indication Roush doesn’t want the driver of the #26 Ford associated with the organization in 2010. Smith said Roush is willing to move any of its five drivers with sponsorship to partner Yates Racing next season if that would maintain the current Ford stable. He said most of the drivers are willing to do that, understanding they will be in same equipment with the same technology. The problem is convincing sponsors to move to what is perceived as the “B” team. UPS, for example, is committed to keeping David Ragan at Roush. “It’s not moving apples to apples,” Smith said from the garage at Indianapolis Motor Speedway.
NASCAR has mandated that Roush be at the four-car cap by 2010. Roush currently has five drivers, McMurray, Ragan, Carl Edwards, Greg Biffle and Matt Kenseth. Although Edwards, Kenseth and Biffle signed extensions last season, Smith is not opposed to moving one if that keeps all within the Roush/Yates umbrella. “We would be open to any combination to keep them,” he said. McMurray is considered the most likely to be moved because his contract expires after this season. Smith said it did not make sense in this economic climate to re-sign him to a long-term deal without sponsorship commitment. Crown Royal, which sponsors a portion of races on McMurray’s car, has two years left on its contract. Smith didn’t rule out that could be moved to Kenseth’s car if necessary.
Roush announced earlier this week that DeWalt, Kenseth’s long-term sponsor, will not return in 2010. Smith said sponsorship for that car would be cleared up soon. McMurray avoided conversations with the media on Friday and Saturday. He reportedly has been contacted by Earnhardt Ganassi Racing as a candidate to fill the spot being vacated by Martin Truex Jr. in the #1 Chevy.

ESPN

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Mayfield SOLD TEAM, PLUS MORE

Jul 24

Posted by admin in NASCAR NEWS

Carter buys Mayfield’s team: Tony Furr, Jeremy Mayfield’s long-time crew chief, says that Mayfield has sold his [#41] team [hauler and cars] to Georgia businessman, John Carter, who has been in racing for a while [the #08 Carter Simo Racing team], and Furr says he expected Labonte to run the rest of the season with the team, in as many races as it can make. Furr says the team will continue running out of Mayfield’s old shop. Furr is overseeing the operation, and said Friday morning Mayfield may well be at Indianapolis Motor Speedway sometime this weekend. However NASCAR won a legal appeal Friday afternoon in the U.S. 4th circuit court of appeals that should put Mayfield back on suspension. The latest legal move, in NASCAR’s favor, would apparently put Mayfield back on suspension, until the court case itself can be resolved. And that case might not get going for several months.”John Carter owns it, bought it from Jeremy,” Furr says. “I haven’t talked with Jeremy in about a week so I don’t know if he’ll be here. Terry is going to run the car wherever we run it, and we may run it the rest of the year, don’t know yet.” Toyota’s Joey Arrington is doing the motors; Jeremy Lafave is the crew chief. Furr says he himself “is mainly a consultant.”(MikeMulhern.net), also as announced a few weeks ago, Boris Said is scheduled to run some races in the #08, running a Ford with Frankie Stoddard as the crew chief, supposedly at Watkins Glen and Talladega. No word if Mayfield’s #41 team owner race attempts (12 attempts) and owners points transferred over to the #08 team.


Court rules in NASCAR’s favor; Mayfield suspended: An appeals court has ruled in NASCAR’s favor, granting its request to keep Jeremy Mayfield off the race track. The decision Friday by the 4th U.S. Circuit Court of Appeals means Mayfield is once again suspended for failing a May 1 random drug test. A federal judge lifted the driver’s suspension July 1, and NASCAR appealed to the appeals court in Richmond, Va. That court issued a stay until the appeal can be heard. U.S. District Court Graham Mullen, who allowed Mayfield to return to competition, still has a request before him to overturn his earlier decision based on NASCAR’s claim that Mayfield tested positive for methamphetamine a second time. Mayfield is not entered in Sunday’s race at Indy

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Silly Season News, DeWalt not on 17 next years, EGR to gibbs?

Jul 23

Posted by admin in NASCAR NEWS

DeWalt will not return to the #17 team in 2010: Roush Fenway Racing was informed today that DeWalt Power Tools will not renew its sponsorship of Matt Kenseth and the #17 team for the 2010 NASCAR season. “We would like to thank DeWalt for serving as a great partner for the past 10 years,” said Roush Fenway President Geoff Smith. “During that time we have seen great success for both their company and marketing program, as well as with Matt on the race track. They will always be remembered and honored as the sponsor of Jack Roush’s first Sprint Cup Championship team. Despite this success – in the face of the significant world-wide economic decline in the construction industry – DeWalt’s decision to not return is not a great surprise to us. Fortunately, we have several great companies interested in taking over and we expect to begin finalizing those sponsorship arrangements in the very near future. All of us at Roush Fenway Racing remain committed to keeping the #17 DeWalt car running up front, winning races and to put them in a position to contend for a second championship this season.

Ganassi to Gibbs? The latest rumor is that Chip Ganassi somehow will merge his Earnhardt-Ganassi Racing team [Chevy's w/#1-Truex Jr. (leaves end of 2009) and #42-Montoya] with Joe Gibbs Racing Toyota’s w/#18-Busch, #11-Hamlin, #20-Logano], possibly eliminating another owner

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Harvick to leave RCR FOR stewart-hass racing?

Jul 14

Posted by admin in NASCAR NEWS

Harvick wants out at RCR? Kevin Harvick has told Richard Childress he would like to leave after this season, according to multiple sources. Harvick has one year remaining on his contract with RCR, but the Shell/Pennzoil sponsorship deal on the #29 Chvey ends at the end of this season, and Harvick is trying to move with it to Stewart-Haas. Tony Stewart has said his team is interested in running a third car in Sprint Cup in 2010. Childress is in a tough spot. He could hold Harvick to the contract and try to re-sign Shell/Pennzoil, but in a performance-based business, the Stewart-Haas option, undoubtedly, is more appealing to the gas and oil company. If Shell/Penzoil decides to leave, Childress has to find $15 million to $20 million in sponsorship to replace it — a very difficult prospect in this economy. Harvick would also bring additional Nationwide and Camping World Truck Series capability to the organization, joining the JR Motorsports operation owned by Dale Earnhardt Jr. and Rick Hendrick. Kevin Harvick Inc. competes in both series
UPDATE: The following is a statement from Richard Childress, president and CEO of Richard Childress Racing, regarding recent reports about RCR team sponsor Shell-Pennzoil and Kevin Harvick, driver of the #29 Shell-Pennzoil Chevrolet Impala SS in the NASCAR Sprint Cup Series: “Richard Childress Racing has a multi-year contract with Shell-Pennzoil that includes the 2010 NASCAR Sprint Cup Series season. Shell-Pennzoil remains a great partner for RCR and Kevin Harvick as well as our sport overall. RCR also has a multi-year contract with Kevin Harvick that includes the 2010 season. That said, Shell will be the sponsor and Kevin will be the driver of RCR’s No. 29 Shell-Pennzoil Chevrolet Impala SS in 2010.”(RCR site)
UPDATE 2:Richard Childress Racing driver Kevin Harvick would like to be released from the final year of his contract that expires in 2010, a source close to the situation said on Wednesday. “He’s making that evident,” the source said. The SI.com report said Shell’s contract expires after this season, but multiple sources told ESPN.com the deal runs through 2010. Sources added that it is unlikely RCR owner Richard Childress would let both the driver and sponsor go, particularly in today’s economic climate. A spokesman for Harvick had no comment when contacted by ESPN.com.

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SILLY SEASON, Keselowski to Penske, Gilliland Gibbs THIS YEAR?

Jul 10

Posted by admin in NASCAR NEWS

For the second straight season, Brad Keselowski is the top candidate for the #12 Penske Racing Dodge. David Stremme has experienced a couple of miserable weeks at the racetrack and is currently 32nd in the point standings. Keselowski said on Friday he does not have a deal signed for next year. Certainly for a self-proclaimed “Eastsider,” partnering with fellow Detroit-based Roger Penske would be an honor. Keselowski was offered the #12 ride last year after Ryan Newman announced he was leaving the ride to join Stewart-Haas Racing
updateUPDATE: Brad Keselowski’s racing team for 2010 is still undecided. The 25-year-old Keselowski hoped a recent meeting with team owner Rick Hendrick would answer some questions about where he’d be racing next season. Keselowski wants a full-time ride next year, and he’s optimistic he can stay affiliated with Hendrick Motorsports. He discussed several possibilities with Hendrick, though no final decision was reached. “I have some preferences, but I haven’t gotten very far with them,” Keselowski said. “I’m not really close on anything.” No matter where he ends up, Keselowski felt he would have a full-time ride next season. “I feel pretty confident that’s the way it’s heading,” he said. “It would have to be a big problem to come up for that not to happen.”


Gilliland in fouth Gibbs car this year? It’s been a tough road for former Yates driver David Gilliland this season. Gilliland, who was 21st in the #28 Ford for Doug Yates at this juncture last year, has qualified for every race in the #71 TRG Motorsports Chevy. Gilliland has been a loyal soldier in the start-n-park venture and is currently 43rd in the point standings. However, it appears he will have a reprieve — at the hand of Joe Gibbs Racing. Gilliland, 33, is expected to drive the fourth JGR car [#02 sponsored by Farm Bureau] in four races at the end of this season

(FoxSports)

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YATES DRIVERS JUMPING SHIP?

Jul 10

Posted by admin in NASCAR NEWS

Hearing Yates Racing will clean house with its current driver roster at the end of the season. After the example that Tony Stewart has set at Stewart-Haas Racing on how a satellite operation should be run, is there any question why Jack Roush would not consider unloading #96-Bobby Labonte and #98-Paul Menard, who are 27th and 31st respectively, in the point standings? Yes, Menard brings decent money to the table, but with Ask.com shopping its sponsorship there is certainly reason for concern for the #96 Ford.

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