Ryan Newman and Stewart-Haas Racing have lost a main sponsor for next season.
It was announced on Tuesday in a press release from Stewart-Haas Racing that US Army was pulling out of NASCAR next season. Army has been Ryan Newman’s main sponsor throughout his time with Stewart-Haas Racing. The 2012 season will be the final season with Army on Newman’s No.39 Chevy.
US Army decided to stop sponsoring Newman and the No.39 Chevy due to a rellocation of it’s marketing budget, according to the press release. NASCAR will not be a part of the Army’s Budget next year.
“The U.S. Army has been a great partner of Stewart-Haas Racing since the team’s inception. It has been a mutually beneficial relationship, with the U.S. Army introducing training regimens that improved our pit crews while instilling the mental, physical and emotional strength of the U.S. Army Soldier in all of us,” said Stewart-Haas Racing Executive Vice President Brett Frood. ”We remain very proud of our representation of the U.S. Army and its brave Soldiers who are 100 percent committed to our country. We will continue to activate on behalf of the U.S. Army for the rest of 2012, while also growing our other dynamic partnerships at Stewart-Haas Racing for the future.”
Stewart-Haas Racing is looking forward to finding new sponsorship for Ryan Newman. Newman’s current sponsors along with US Army include WIX Filters, Tornados, Haas Automation, Coca-Cola, and Outback Steak House. Newman is also in the final year of his contract and is in talks with Stewart-Haas for a contract extension.