NASCAR Cup Series
NASCAR Cup Series
NASCAR Sponsorship News.
Published
Oct. 14, 2010 10:09 p.m. ET
foxsports
Byline: Gordon Wilcox
Exxon Mobil's (NYSE:XOM) Mobil 1 oil brand will be the primary sponsor for NASCAR Driver Tony Stewart in the 2011 season, replacing OldSpice as the two-time champion's biggest sponsor.
Mobil is ending its relationship with Penske Racing because that race team recently agreed to a sponsorship deal with Royal Dutch Shell's (NYSE:RDS-A) Shell-Penzoil brand.
Four-time series champion Jeff Gordon is still looking for a primary sponsor after longtime sponsor DuPont (NYSE:DD) said it is taking a step back from NASCAR. Gordon's team had been in talks with Wal-Mart (NYSE:WMT), but those discussions fell apart.
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