#25 Looking for a sponsor in 2004? UPDATE UAW Will NOT Return:

quote from DEI’s Ty Norris at the WSJ: ‘You have Hendrick Motorsports, Roush Racing, DEI and Jim Smith … and somebody is going to be left out because we’re not even aware of two companies willing to spend that kind of money, let along four,’ Norris said. Norris is worried about finding someone willing to write a check for the $12 million to $18 million it takes to feed these monster teams. I don’t know if Rick Hendrick will run Joe Nemechek’s [#25] car white ( UAW isn’t expected to renew )( Winston Salem Journal )(7-27-2003) UPDATE: Add Hendrick Motorsports to the growing list of Winston Cup organizations looking for new sponsors for next season. UAW, which along with Delphi co-sponsors Hendrick’s #25 Chevrolets driven by Joe Nemechek, has informed the team it will not return in 2004, ThatsRacin.com has learned. UAW’s decision is not based on team performance, sources said. Asked about the sponsor and driver contracts, Hendrick team spokesman Jesse Essex said Tuesday the team does not comment on contract negotiations.( ThatsRacin.com )(7-29-2003)