DAYTONA BEACH, Fla. - In perhaps an early sign of manufacturer belt-tightening in stock car racing, Chevrolet will begin cutting back on its 12 track sponsorships in NASCAR, The Charlotte Observer and ThatsRacin.com have learned.

The manufacturer isn't planning to renew any track sponsorship that expire at the end of this season or going forward, multiple sources confirmed on Thursday. Such deals include sponsorship of race events, pace car deals and signage at tracks.

The move comes as General Motors stock hit a 54-year low this week, falling under $10 per share. No race teams are expected to be affected by Chevrolet’s decision.

The decision could affect several tracks owned by International Speedway Corp. and at least one belonging to Speedway Motorsports Inc. New Hampshire Motor... // Macon Telegraph

DAYTONA BEACH, Fla. - In perhaps an early sign of manufacturer belt-tightening in stock car racing, Chevrolet will begin cutting back on its 12 track sponsorships in NASCAR, The Charlotte Observer and ThatsRacin.com have learned.

The manufacturer isn't planning to renew any track sponsorship that expire at the end of this season or going forward, multiple sources confirmed on Thursday. Such deals include sponsorship of race events, pace car deals and signage at tracks.

The move comes as General Motors stock hit a 54-year low this week, falling under $10 per share. No race teams are expected to be affected by Chevrolets decision.

The decision could affect several tracks owned by International Speedway Corp. and at least one belonging to Speedway Motorsports Inc. New Hampshire Motor... // ThatsRacin.com