UPDATE: FedEx’s tweet Sunday afternoon appears to confirm the speculation that they will not return next season.
What a ride it's been! Denny and the entire Joe Gibbs team, it’s been an incredible 20 years of racing with the best. #TeamFedEx will always be cheering you on.💜🧡 https://t.co/6VtfoWjGlu
— FedEx (@FedEx) November 10, 2024
ORIGINAL POST: Sunday afternoon, Denny Hamlin posted a thank you message to long-time sponsor FedEx on his social media.
FedEx has been gradually reducing it’s sponsorship over the last four years and is not expected to return next year.
FedEx has been reshuffling its sports marketing portfolio in recent years amid a broader cost-cutting drive.
Thank you, @FedEx pic.twitter.com/9VaeOB2YQ8
— Denny Hamlin (@dennyhamlin) November 10, 2024
As @DennyHamlin's post indicates, @FedEx is not expected to return to @JoeGibbsRacing next year, per people familiar, ending a deal that started in 2005.
— Adam Stern (@A_S12) November 10, 2024