Target has inform that it will withdraw their sponsorship dollars after a decades long relationship with Chip Ganassi Racing in borh NASCAR and IndyCar. It was no great surprise that Target would completely leave Ganassi Racing since Target withdrew sponsorship from the IndyCar Series and Chip Ganassi Racing at the end of 2016.
It was a very logical deduction that, when Target announced their departure from Ganassi’s IndyCar operations at the end of 2016, they were pre-positioning themselves to completely withdraw from racing at the end of 2017. Notwithstanding the business side of racing, it is still strange that Target has punched out of the racing sponsorship game.
Come February, it will be different not seeing the Target logo on the Chip Ganassi Racing No. 42 when NASCAR rolls into Daytona for Speedweek and unloads that hot rod!
TIL NEXT TIME, I AM STILL WORKING ON MY REDNECK!