The Meaning of the Nextel Deal Teleconference:

NASCAR will hold a teleconference with car owners this week to review the meaning of the new Nextel deal to the sport and, more importantly to the owners, the sponsor pool. According to one owner, the NASCAR teleconference this week will cover in more detail what Nextel has purchased from NASCAR, and what the owners will have to steer clear of when they’re speaking to potential sponsors. In a letter to the teams that was issued two weeks ago it was explained, in fairly clear-cut terms the definition of “competing with Nextel.” And the list of exclusions is lengthy, according to team sources.( Ford Racing )(7-14-2003)