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The swift exit of General Motors from bankruptcy protection was good news for NASCAR’s industry leaders, who count on the automaker’s financial support to fund their pricey race teams.

GM emerged Friday after only 40 days under court protection. The sport’s heavyweights like Mark Martin, Tony Stewart, Jeff Gordon and Dale Earnhardt Jr. all drive Chevrolets. It’s also NASCAR’s most successful manufacturer, with 32 championships in the Sprint Cup Series.

Hendrick Motorsports standout Jimmie Johnson has won the last three Cup championships in Chevrolets, and team owner Rick Hendrick has long expressed his support of GM, even as the automaker sunk into bankruptcy…  Details

This entry was posted on Saturday, July 11th, 2009 at 2:46 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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