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NASCAR Rumor: Stewart-Haas Racing $160 Million Sponsorship Details Revealed

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Stewart-Haas Racing is co-owned by former NASCAR champion Tony Stewart and Gene Haas, a leader in the CNC machine tool industry. Based in Kannapolis, North Carolina, Stewart-Haas Racing boasts a history rich with victories, including two NASCAR Cup Series titles and a myriad of race wins in prestigious events like the Daytona 500.
The article from Newsweek discusses a significant sponsorship deal in NASCAR involving Stewart-Haas Racing (SHR). According to the report, SHR has secured a $160 million sponsorship from a company named Pitbull Energy Drink, which is set to become the primary sponsor for the team's No. 41 Ford Mustang driven by Ryan Preece. This deal marks one of the largest sponsorship agreements in NASCAR history, highlighting the growing interest from energy drink companies in motorsport sponsorships. The sponsorship not only provides financial backing but also aims to increase brand visibility for Pitbull Energy Drink through NASCAR's extensive fan base. The article also touches on the implications of such a large sponsorship for SHR, suggesting it could stabilize the team financially and potentially attract more high-profile drivers and sponsors in the future.

Read the Full Newsweek Article at:
[ https://www.newsweek.com/sports/racing/nascar-rumor-stewart-haas-racing-160-million-sponsorship-details-revealed-2006866 ]