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Dale Earnhardt Jr. won't be sponsored by Budweiser in 2008

 When Dale Earnhardt Jr. joins Hendrick Motorsports next season, Anheuser-Busch will not sponsor the driver.

Dale Earnhardt Jr. won't be sponsored by Budweiser in 2008 Although Budweiser has been sponsoring Earnhardt Jr. for over a decade, when the NASCAR driver joins Hendrick next season, Anheuser-Busch (NYSE:BUD) will not be his sponsor. Existing agreements with sponsors of Hendrick Motorsports for the 2008 Nextel Cup prevent Anheuser-Busch from establishing an advertisement relationship with the team.

 Dale Earnhardt Jr. agreed in June to leave the Dale Earnhardt Inc. team formed by his late father and join Hendrick Motorsports for the 2008 Nextel Cup season. Earnhardt Jr. said that he will continue to advertise Budweiser until the end of the current season, but his main sponsor for the 2008 is not yet known. Anheuser-Busch stated that they will continue to sponsor NASCAR events and drivers in the future.

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Published on 07/13/2007

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