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GM set to make "NASCAR-wide" cuts
BROOKLYN, Mich. (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 incremental cutbacks in support. He says cuts will be made soon and that the discussions are ``indeed NASCAR-wide.''
Rhadigan would not say if one series would be affected more than others, nor would he say the size of the cuts or how much GM spends on NASCAR. The automaker, through its Chevrolet brand, provides cash and other support to teams including engines and parts.
Posted : June 12, 2009 4:51 pm