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Army drops NASCAR sponsorship
Wednesday, December 21, 2005
The U.S. Army will no longer sponsor NASCAR, Street & Smith¹s SportsBusiness Journal reports, but it will continue as sponsor of MB2 Motorsports' No. 01 Chevrolet driven by Joe Nemechek in NASCAR's Nextel Cup Series.
The publication reports that the decision was based on price and says the Army will spend the money it would have used in NASCAR for "grassroots programs supporting the Army's primary sponsorship objective of generating recruiting leads." The story says NASCAR will leave representation of the armed forces with individual teams.
Mentioned Drivers: Joe Nemechek
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