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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
Summit Racing Equipment currently sponsors NHRA Camping World Drag Racing Series Funny Car driver Tim Wilkerson, [3] Top Fuel drivers Antron Brown [4] and Clay Millican, [5] and Pro Stock drivers Greg Anderson, Deric Kramer, Matt Hartford, Kyle Koretsky, Dallas Glenn, and Rodger Brogdon.
As of January 2023, Root is no longer sponsoring 23XI Racing or Bubba Wallace. [7] [8] In 2023, Root sponsored Dreyer & Reinbold Racing and Ryan Hunter-Reay in the 2023 Indianapolis 500. [9] For 2024, Root signed a multi-race sponsorship deal with Chip Ganassi Racing to sponsor both Álex Palou and Marcus Armstrong in the IndyCar Series. [10]
In 2019, primary sponsor Arrow Electronics became the title sponsor for the team, resulting in the Arrow Schmidt Peterson Motorsports banner for that year. For 2020, the team reached an agreement with McLaren Racing to become a joint entry, with the combined team being known as Arrow McLaren SP .
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 December 1996, DuPage Airport officials began hearing proposals of the construction of a potential racing facility on land owned by the airport. [6] Out of three proposals, the one chosen by the airport's board was a 1.5-mile (2.4 km) intermediate oval funded by the Motorsports Alliance, a partnership between International Speedway ...
The IMSA SportsCar Championship, currently known as the IMSA WeatherTech SportsCar Championship under sponsorship, is a sports car racing series based in the United States and Canada and organized by the International Motor Sports Association (IMSA). It is considered the pinnacle of sports car racing in North America, attracting top-tier ...
DWM debuted at the 1991 Daytona 500 as car No. 17 with sponsorship from Western Auto. (The car number and numbering style were a carryover from Waltrip's days as a driver for Hendrick Motorsports .) Waltrip led at one point during the event, but finished 24th following an accident late in the race.