PRO STOCK TEAM LOSES SPONSOR?
Wed, 2007-05-16 15:40
World has it that a major Pro Stock team on the NHRA POWERade tour has lost
their major backing due to the sponsor's dismal financial status. Reportedly,
this sponsor failed to meet their contractural obligations and notified the team
last week they had no intention of fulfilling their contract, whom we'll keep
unnamed as we await official confirmation from their management. If what we are
hearing in addition to this pans out, this situation may only cause a ripple in
the ocean as we are told by our source. Another source close to the program
confirmed that a major announcement is forthcoming. UPDATE: SEC Filings
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