Kenseth dropped by sponsor

Kenseth dropped by sponsor

There are 3 comments on the KXII-TV Sherman story from Jul 23, 2009, titled Kenseth dropped by sponsor. In it, KXII-TV Sherman reports that:

Former NASCAR champion Matt Kenseth is losing his sponsor after 10 seasons. Roush Fenway Racing says Dewalt Power Tools told the team Thursday it will not return in 2010.

Join the discussion below, or Read more at KXII-TV Sherman.

Hmmmmmm

Brooklyn, NY

#1 Jul 23, 2009
Ouch is the sponsor going elsewhere or just getting out of the racing business?

Since: Apr 07

United States

#2 Jul 24, 2009
Sears got out of sponsoring the Truck Series with Craftsman. My guess is that in this economy, with less contruction, also comes lower tool sales profits.

Less profit, less incentive to advertise in such a grand manner than Ten million a year (at least) in Sprint Cup.

“IN GOD WE TRUST”

Since: Jun 07

Raleigh

#3 Jul 24, 2009
Man, this is like seeing STP coming off the side of the 43. I realize Matt has occassionally had other sponsors on the car but it's automatic to say Dewalt when someone asks who sponsors the the 17. From having been in business for myself I can tell you that your ability to sponsor events, employee incentives, bonus's, customer christmas gifts and a heck of a lot of other things ebb and flow with the economy.

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