Lowe’s Companies, Inc. is a Fortune 500 American company that operates a chain of retail home improvement and appliance stores in the United States, Canada, and Mexico. Headquartered in Mooresville, North Carolina, the company employs over 290,000 people and is the second-largest hardware chain in the United States behind The Home Depot. In 2019, Lowe’s began sponsoring Hendrick Motorsports driver William Byron in the NASCAR Cup Series.
Lowe’s, in a statement issued Friday, stated that it will not be returning to NASCAR after this season, despite recent speculation that it could sponsor seven-time champion Jimmie Johnson in some races in 2019.
Who Does Lowe’s Sponsor In Nascar?
According to Jayski.com, a Lowe’s deal with Hendrick will not end completely when it comes to the No. 48 Chevrolet for Jimmie Johnson in the Monster Energy NASCAR Cup Series in 2011.
Lowe’s, a long-time NASCAR Cup Series sponsor, will end its sponsorship after the 2018 season ends in November. Since 2001, Lowe’s has sponsored Johnson in the NASCAR Cup Series. Johnson has won 83 races and seven titles in his 16 full Cup Series seasons, the majority of which he has spent full-time driving. Lowe’s will no longer sponsor the #48 Chevrolet in the NASCAR Cup Series in 2018. The Lowe’s brand has been an important part of the company’s development, so it was difficult to make the decision today. Thank you, Lowe’s! Rick Hendrick: We are very appreciative of what you do.
Their partnership has been amazing. Last season, it was announced that NASCAR’s all-time leading driver, Jimmie Johnson, would stay at Hendrick Motorsports through 2020. As of the 2018 season, Lowe’s will no longer sponsor his #48 Chevrolet. In 2019, which will sponsor the #48 Chevy driven by Jimmie Johnson?
When Johnson’s team announced that Lowe’s would not sponsor his Cup Series car in 2018, it put added pressure on him to win the championship this season. His five Cup Series titles make him the series’ all-time leader, but he hasn’t won one since 2004. If Johnson were to win the championship this season, it would be the first for him since 2004. Several companies have supported Johnson, including Busch Beer, Coca-Cola, GEICO, and Xfinity. In addition to these Premier Partners, Johnson has benefited from their assistance over the years, so it would be selfish of them to end their relationship at the end of the season. In recent years, NASCAR has put a lot of emphasis on its Cup Series, including the introduction of the Premier Partners program. By partnering with teams, drivers can receive additional financial assistance as well as the opportunity to have their names engraved on the regular season trophy. It would be a shame if Lowe’s ended their sponsorship of Johnson at the end of the season because they have been the primary sponsor for his entire Cup Series career. It would be an honor if Johnson won the Cup Series championship this season, especially since he dominated the series in the past.
Lowe’s Pulls Out Of Nascar After 18 Years
Lowe’s became the primary sponsor of Johnson’s No. 48 Chevrolet SS in 2001, making it the first major sponsor of a race car. Throughout his career, Johnson has been a valued client of the company, having won six NASCAR Cup titles and led more than 1,000 laps. When Lowe’s announced it would not be sponsoring Johnson in 2018, the driver issued a statement expressing gratitude to the company. Since the 2001 UAW-GM Quality 500, I’ve driven for Lowe’s. Johnson also wishes to extend his gratitude to Lowe’s employees who have been a part of his racing career, saying, “I want to express my appreciation to all of them for their support and assistance over the years.” The sport is experiencing a revival in popularity, and Lowe’s departure from NASCAR is related. In 2018, the Cup Series had its highest average audience ever, with 3.2 million viewers per race. It may be difficult for the company to leave NASCAR, but it is likely to find other ways to support its brand in the future.
Who Is The Sponsor For Nascar 2022?
As a token of gratitude to NASCAR fans and Mars Associates, the brand will use this event to honor those who have made it so memorable.
In 2009, Camping World was named the official Camping World dealer for the NASCAR Truck Series. The company’s contract with the Truck Series expires at the end of the year, and there has been no word on whether a new agreement will be reached. As a result, a series that only runs six races per summer could be a better business decision.
NASCAR CEO Brian France responded to Camping World’s exit from the sport by saying that NASCAR will continue to be a series for all Americans and that it is thriving and growing. NASCAR has been in a difficult position in recent years due to declining television ratings and sponsors leaving. NASCAR, on the other hand, maintains that the sport is still thriving, and that new sponsors will be added in the near future. Because NASCAR has been a series for all Americans for over 50 years, it is critical that the sport remains strong and growing in order to keep the game relevant and appealing for the future of Americans.