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Common in auto racing, contingency sponsorship is a form of sponsorship whereby race teams place company decals on their vehicles in exchange for awards for winning or meeting certain performance goals. [1] These awards can be monetary, or can include credits for free or discounted equipment. [2] Contingency decals on a NASCAR car
On January 8, 2024, Chris Miller and Spencer Boyd announced the formation of Freedom Racing Enterprises, a new team that would compete full-time in the Truck Series in 2024. [1] The team purchased former GMS Racing trucks and used the owners points from the team's 43 truck in 2023. Miller, who is the owner of Freedom Warranty, operates the team ...
In 1990, an all new class, Pro Modified, was introduced which has since become a feature at IHRA events and has become one of drag racing’s most successful classes enjoying popularity in both North America and Europe. During this period Pro Modified became the IHRA's main asset in its recovery from the 1988 season that had nearly destroyed it.
Stefanini said if the horse racing proposal is approved, Bay State will seek out local businesses to cater and partner with them to service visitors during racing and festival days. He said there ...
In case of title sponsor's presence, the general sponsor position may remain free. General sponsor is a sponsor that makes one of the largest contributions (in absence of a title sponsor – usually more than 50% of all sponsorship funds raised) and that receives for it the right to use the image of competition as well as extensive media coverage.
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The Music City Grand Prix, known as the Big Machine Music City Grand Prix for sponsorship reasons, is an IndyCar Series race held at the Nashville Street Circuit in Nashville, Tennessee. The race's most notable feature is its 3,578 ft (1,091 m) straightaway across the Korean War Veterans Memorial Bridge, which spans the Cumberland River. The ...
Top GOP legislators are pushing a last-minute bill that would make the Kentucky Horse Racing Commission an independent corporation. Proposal to make big changes to Horse Racing Commission advances ...