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As two GM vehicles driven by Tony Stewart and Jimmie Johnson were dominating the final laps of Sunday’s Autism Speaks 400 at Dover, thousands of GM employees were bracing for the worst news possible.

This morning, the worst came to pass, as GM filed for bankruptcy protection in the fourth-largest filing in the nation’s history. The onetime giant will receive a total of nearly $60 billion in financial assistance, and the federal government will take over a 72.5 percent share of the company in an effort to make it leaner and more viable.

What this means for NASCAR remains uncertain…  Details

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This entry was posted on Tuesday, June 2nd, 2009 at 1:30 pm and is filed under Automobile, NASCAR. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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