Nov. 20 (Bloomberg) -- Matt Kenseth, the 2003 Nascar champion who finished 11th in the racing league's top Sprint Cup Series standings this season, signed a contract extension with Roush Fenway Racing.
HOMESTEAD, Fla.—NASCAR has suspended all testing at its sanctioned tracks next season in a cost-cutting measure that should help teams save several million dollars in their 2009 budgets.
CHARLOTTE, N.C.—Hall of Fame Racing, the NASCAR team owned by Arizona Diamondbacks executives, will cut its staff even if it secures sponsorship to run a full 2009 season.
Matt Kenseth, the 2003 NASCAR Sprint Cup champion, has re-signed with Roush Fenway, the team announced Thursday. Kenseth signed a multi-year contract, the team said.
Perhaps no sport is as susceptible to a downturn in the economy as NASCAR, which appears to be in the path of the perfect storm.
Despite Detroit's troubles, NASCAR chairman thinks Big 3 will stay in racing.
CHARLOTTE, N.C. (AP) — Kyle Busch and Carl Edwards opened the 2008 season intent on knocking Jimmie Johnson from the top of NASCAR.
Now that Jimmie Johnson has made NASCAR history, what will he do for an encore?
Instead of celebrating Jimmie Johnson's record-tying third consecutive Sprint Cup series championship, the mood in NASCAR is somber.The distressing economy is hitting NASCAR hard. Teams are laying off employees and some lack sponsors for next season.
Hall of Fame Racing, the NASCAR team owned by Arizona Diamondbacks baseball executives, will cut its staff even if it secures sponsorship to run a full 2009 season.
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