Calls from sponsors aren't coming in as regularly to shops all across NASCAR. The weakening economy has made funding difficult to come by, and the financial meltdown has put once-solid teams on perilous ground.
"It's a scary time right now," said driver Jeff Gordon. "We see strong teams struggling to get sponsorship." [read more]
Showing posts with label racing. Show all posts
Showing posts with label racing. Show all posts
"SORRY RACING IS NOT COVERED ON YOUR POLICY SIR"
10/19/2008 03:09:00 AM | insurance policy, racing | 1 comments »
It's no secret that insurance companies don’t like the people they cover to drive fast. So it shouldn’t be a surprise that the industry has been removing a policy loophole that insured drivers on racetracks.
That has left weekend warriors uninsured if they participate in track days or attend high-performance driving schools. Jerry Kunzman, executive director of the National Auto Sport Association, said that participation at its track events had jumped fivefold since 2003 and that many of those drivers had no idea they were not covered. [read more]
That has left weekend warriors uninsured if they participate in track days or attend high-performance driving schools. Jerry Kunzman, executive director of the National Auto Sport Association, said that participation at its track events had jumped fivefold since 2003 and that many of those drivers had no idea they were not covered. [read more]
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