Sponsor Issues:

NASCAR officials, working on possible new series sponsors for the Winston Cup tour, have run into a few unexpected roadblocks: at least one of the potential new sponsors (reported to be a telecommunications operation, such as Motorola or Nextel) is reported to be having second thoughts about taking NASCAR’s offer after learning that it would not have exclusivity in the sport. R.J. Reynolds’ Winston brand has had that exclusivity, if not on contract at least at the behest of Daytona executives, and tobacco rivals were kept out (except for smokeless U.S. Tobacco). Any telecommunications sponsor would find a couple of corporate rivals already here, Cingular and Alltel, backing heavyweight car owners Richard Childress and Roger Penske. Regardless of what happens to the anticipated change in the Winston Cup series sponsorship next season, it appears that Visa will become not just a major sponsor on the NASCAR tour but also the only credit card that can be used at the Winston Cup tour’s speedways, according to sources.( Winston Salem Journal )(5-26-2003)