The budget cuts will continue until morale improves
Written by Scott Keller · June 12, 2009
You knew this was coming. GM is considering cuts to their NASCAR program. I guess they figured out, after 15 years of failure, that the “Win on Sunday, Sell on Monday” philosophy isn’t really working for them.
Here’s the AP Story at ESPN.com:
GM to pare support of NASCAR teams
Associated Press
BROOKLYN, Mich. — 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 incremental cutbacks in support. He says cuts will be made soon and that the discussions are “indeed NASCAR-wide.”
Read the rest of the AP article
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