Mike Wallace said Friday at Kentucky Speedway that sponsor GEICO has indicated what it wants to do after next season, and it appears it wont be sponsoring Wallace. GEICO, an insurance company, is not allowed in the Nationwide Series in 2010 as part of a non-competing sponsor agreement with the series sponsor. Nationwide began sponsoring NASCARs #2 series this year. “We have an indication of what theyre going to do,” Wallace said of NASCAR. “Who really knows? Ill just leave it at that.” GEICO has been one of the most visible sponsors in the series, with its popular commercials featuring fictional Wallace relative Lauren Wallace. NASCAR has told GEICO it could remain as a team sponsor in the Sprint Cup or Craftsman Truck series, but Wallace indicated that didnt seem likely. “In my case, for me to continue to race in years to come, Ive got to go find another sponsor,” Wallace said.(SceneDaily.com)(6-14-2008)
NOTE: GEICO is allowed to stay in the Nationwide Series in 2009 if they remain with Wallace and Germain Racing. GEICO does have the option to move to another series at any point if they choose. The story at SceneDaily.com has been updated accordingly.(6-14-2008)
