NEWMAN, BURTON AND WALLACE LOSE GM SPONSORSHIPS

The fallout from the government takeover of General Motors and the company's declaration of bankruptcy continues. On Monday the judge overseeing GM's bankruptcy case gave the automaker permission to end 56 promotional contracts, including those of Ryan Newman , Jeff Burton and owner Rusty Wallace, The Wall Street Journal reports. In the case of Burton, the driver will no longer make personal appearances and perform other duties on behalf of GM, but will continue to drive a Chevrolet, accordin

The NASCAR Week That Was: June 14-20

NASCAR Mexico led the news this week after the death of driver Carlos Pardo. Pardo, who had one Nationwide start and six Camping World East Series starts, was killed Sunday in an accident during a race at Autodromo Miguel E. Abed in the city of Puebla. General Motors also made headlines this week as they informed teams what cuts they would make in sport. No word exactly what those cuts are. And finally another week, more Jeremy Mayfield news. On Tuesday NASCAR filed an affidavit accusing Mayfiel

GM set to make “NASCAR-wide” cuts – TheNewsTribune.com

TheNewsTribune.com, WA AP General Motors is planning to cut back on its support of NASCAR teams in all of the sanctioning body's professional series. Chevrolet spokesman Terry Rhadigan says GM, which is reorganizing through bankruptcy, is discussing what he described as

GM CUTS NASCAR SUPPORT

Yes, I'm breaking out the ominous-clouds-over-the-GM-sign photo again. Days after the government took control of the company and a spokesman assured NASCAR, its teams and its fans that it would continue to support its auto racing programs, General Motors has announced that it is cutting back on its auto racing programs. According to the Associated Press, "Chevrolet spokesman Terry Rhadigan says GM, which is reorganizing through bankruptcy, is discussing what he described as incremental cutbacks

GM To Cut Back NASCAR Support – Manufacturing.net

Manufacturing.net, NJ (AP) -- General Motors is planning to cut back on its support of NASCAR teams in all of the sanctioning body's professional series. Chevrolet spokesman Terry Rhadigan says GM, which is reorganizing through bankruptcy, is discussing what he described as

GM cutting support for Nationwide, truck series teams

General Motors is cutting factory support for Chevrolet teams competing in NASCAR's Nationwide and Camping World Truck Series as the automaker restructures under Chapter 11 bankruptcy protection, according to a story that will appear in Friday's edition of SportsBusiness Journal.

NASCAR notes: Drivers fret about automakers in tough economy (Everett Herald)

HAMPTON, Ga. — As General Motors continues to be battered by grim economic news, those who drive for the struggling manufacturer can't help but wonder what impact it will have on their NASCAR programs.