Submitted by John Teas:
Written by Paul Wilson:
Mopar has announced it will end it's majority sponsorship of the NuFormz Racing Team which competes in the Formula Drift (FD). The sponsorship will be terminated after this coming weekends (June 5-6) Formula Drift Event at Wall Speedway in N.J.
"As part of Chrysler's comprehensive restrucuring plan to revitalize our business and succeed as a car company, were rigorously reveiwing all expenditures and making tough decisions." Stated Mike Accavitti, Chryslers Director of Brand Marketing and Strategy. " The decision to end Team Mopar's sponsorship of NuFormz Racing was difficult because of our long term relationship with the team and all the success we've enjoyed competing in Formula Drift."
NuFormz Racing Team Owner Shaun Carlson and driver Samuel Hubinette teamed up in 2004 and enjoyed immediate success. They won three of four Formulsa Drift rasces and took the Inaugural Title in the Series. they also won the 2006 Title and runner-upped in 2005 and last Season. "I had a great eight year run as a member of the Team Mopar Family, and want to thank the company for all the great memories I am taking away." Carlson stated."It's a tough decision, but given the current economic enviroment inside and outside of racing, I certainly understand it."
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