Author Topic: Michael Waltrip Racing - R.I.P.  (Read 10153 times)

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Offline Dean Los Angeles

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Michael Waltrip Racing - R.I.P.
« on: September 19, 2013, 02:08:53 PM »
Quote
NAPA drops sponsporship of Waltrip Racing following NASCAR scandal

NAPA dropped its multimillion dollar sponsorship of Michael Waltrip Racing on Thursday, a result of the unprecedented NASCAR scandal at Richmond International Speedway earlier this month, USAToday reported.

The auto parts company had multiple years left on its contract with No. 56 Martin Truex, who benefitted when members of his team unfairly manipulated the outcome of the Federated Auto Parts 400. Truex, thanks to a timely pit stop and a dubious spin-out, earned the final wild card in the Chase for the Sprint Cup. NASCAR eventually levied its harshest penalty ever, removing Truex from the Chase along with a $300,000 fine. Ryan Newman and Jeff Gordon were added to the field.

NAPA's decision may be even more debilitating than any sanctions NASCAR could impose. The company had sponsored MWR racing since the Sprint Cup in 2007 and had renewed an extension last year with the team that the Sports Business Journal estimated could be worth $16 million annually.
http://www.cbssports.com/general/eye-on-sports/23732401/napa-drops-sponsporship-of-waltrip-racing-following-nascar-scandal
Well, it used to be Los Angeles . . . 50 miles north of Fresno now.
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Offline Freud

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Re: Michael Waltrip Racing - R.I.P.
« Reply #1 on: September 19, 2013, 02:13:08 PM »
That is a deadly blow.

It seems to me that losing $16 million a year will hurt.

Think they will survive?

FREUD
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Offline dw230

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Re: Michael Waltrip Racing - R.I.P.
« Reply #2 on: September 19, 2013, 02:17:20 PM »
Just another brick in the road that MWR has laid for itself. Too many problems from them, NASCAR should send the team packing. Major management issues.

DW
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Offline 55chevr

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Re: Michael Waltrip Racing - R.I.P.
« Reply #3 on: September 19, 2013, 03:59:20 PM »
That has to hurt ...


Offline desotoman

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Re: Michael Waltrip Racing - R.I.P.
« Reply #4 on: September 19, 2013, 05:14:58 PM »
That has to hurt ...



As it should. No sponsor should be subjected to that kind of questionable behavior. I applaud NAPA for making the right decision.

Tom G.
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Offline rouse

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Re: Michael Waltrip Racing - R.I.P.
« Reply #5 on: September 19, 2013, 05:30:01 PM »
If your going to run with the Big Boys you better act like it. How dumb was the stunt they pulled?

When you have someones advertizing on the side of your race car, your actions reflect on their reputation, good or bad. So, NAPA got hit right between the eyes with with this one.

 What choice did NAPA have?

Rouse
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Offline racefanwfo

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Re: Michael Waltrip Racing - R.I.P.
« Reply #6 on: September 19, 2013, 07:23:38 PM »
So they tryed to get one over on NASCAR and got caught. Oh well.
The speed that you wish to achieve is only limited by the depth of your wallet.

Offline Peter Jack

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Re: Michael Waltrip Racing - R.I.P.
« Reply #7 on: September 19, 2013, 07:55:09 PM »
This sort of thing has been going on in NASCAR and other racing organizations forever and will continue with a little more discretion far into the future. As long as there's competition and competitive players are involved there are going to be shenanigans. The problem with MWR is they allowed themselves to be caught in the new age of social media where suddenly all who feel righteous can expound heartily without fear of personal confrontation. This has made a lot more people bold to the point of piousness without fear of having to defend their views. While MWR may have been wrong I think they are paying a rather heavy price for their indiscretion and that a lot more racing organizations, whether teams, organizers or sanctioning bodies are going to learn from this example that much more care is going to have to be taken in the future.

Just my not very humble opinion.  :-D :-D :-D

Pete

Offline Texican

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Re: Michael Waltrip Racing - R.I.P.
« Reply #8 on: September 19, 2013, 09:08:03 PM »
Think they will survive? 
  Does anybody but the serious rednecks care?
After his "shilling" for businesses with rather dubious practices, and being a 'camera hog' every chance he gets; maybe the chaplain will punch his "TS" card.
  At least, he paid attention in English class a whole lot more than his motor mouth brother, who needs a built in translator to descern from whatever KY dialect that he spits out.

Jim

Offline dw230

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Re: Michael Waltrip Racing - R.I.P.
« Reply #9 on: September 19, 2013, 11:42:30 PM »
Anyone notice that the older brother has dropped his flag waving and cheer leading for MWR?

DW
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Offline floydjer

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Re: Michael Waltrip Racing - R.I.P.
« Reply #10 on: September 20, 2013, 08:51:38 AM »
NASCAR has been nothing but an orchestrated show for decades...The conductor waves his baton and the hired staff follows :cheers:
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Offline Milwaukee Midget

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Re: Michael Waltrip Racing - R.I.P.
« Reply #11 on: September 20, 2013, 09:33:07 AM »
I doubt it will shut 'em down.

I think what you'll see is a management shuffle and a re-branding.

Which will provide an excuse to boot some of the deadwood out of the shop . . .

and maybe find an engine builder . . .

Oooohhh . . . did I actually SAY that?  :-o
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Offline Freud

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Re: Michael Waltrip Racing - R.I.P.
« Reply #12 on: September 20, 2013, 11:55:01 AM »
Doesn't TOYOTA build all of the engines for the brands teams?

FREUD
Since '63

Offline Dean Los Angeles

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Re: Michael Waltrip Racing - R.I.P.
« Reply #13 on: September 20, 2013, 12:34:56 PM »
Michael Waltrip said yesterday that they might lose Martin Truex Jr.

Brian Vicker's sponsor Aaron's seems to be on board to staying.

5-Hour Energy, sponsor of Clint Bowyer "is still evaluating".

Peak Auto and Toyota are also primary sponsors.
Bass Pro Shops, Best Western and AAA are associate sponsors.
Hyundai, Fan Vision, Freightliner, Jet Edge water jet, Martin Senour Paints, Safety Kleen, Sherwin Williams and Miller Welding are supplier partners.

Waltrip's partner Rob Kauffman, who became a billionaire through hedge fund investment banking, could cover funding shortfalls through his RK Motors restoration business. On the other hand, he hasn't been heard from since this whole thing started.
Well, it used to be Los Angeles . . . 50 miles north of Fresno now.
Just remember . . . It isn't life or death.
It's bigger than life or death! It's RACING.

Offline tauruck

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Re: Michael Waltrip Racing - R.I.P.
« Reply #14 on: September 20, 2013, 12:51:32 PM »
Who did the dubious spin out?. Not Truex. I missed the race. Did someone on his team spin to bring out the yellow?