If these car manufacturers can coordinate their NASCAR interests (without violating NASCAR rules or anti-trust provisions) it would seem to be in their best interest to present a common front to the challenges before them. Maybe the Obama administration is giving too much “advice” but, to state the obvious, this sport could be in very real jeopardy.
Richard Childress says he’s not suing GM, just filed paperwork as a GM creditor #nascar http://bit.ly/13i2dJ
Just keeps getting worse.......
There is speculation that Chevy team owner Richard Childress may have to cut back to a two-car operation next season, if the Shell [#29-Harvick]and Jack Daniels [#07-Casey Mears] sponsorships are not renewed. Childress says he intends to have four Cup teams again next year, but conceded sponsorship issues remain to be resolved. Childress, through the Winston-Salem law firm Womble, Carlyle, has filed legal papers over what he says is GM’s non-payment of a bill of $2,538,750. Childress insists he’s not suing GM over its failure to make that payment due June 15th. That bill would apparently be a scheduled quarterly payment, part of a $10 million a year Chevrolet sponsorship for Childress’ four-team operation.