Nascar Sponsorships at Bargain Bin Prices

The Nationwide Insurance Ford pausing in the pit during a NASCAR race in August Photograph by Matt Sullivan/Getty Images

A pair of Nascar sponsors made big moves last week. Nationwide Insurance announced it would no longer be the title sponsor for Nascar’s second-tier race series. And Napa Auto Parts severed a longstanding relationship with Michael Waltrip Racing (MWR) after one of the team’s drivers deliberately spun his car at the end of a race to help a fellow Waltrip driver. Nationwide is not leaving Nascar, just shifting its spending to the top Spring Cup series. Napa says it will be evaluating its “position in motorsports.”

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