See this week's Autoweek Magazine for more details about Dodge's return! Wayne Graefen wrote: > > DETROIT, Oct 11 (Reuters) - DaimlerChrysler AG will > announce this week that its Dodge brand is returning to the > stock-car racing scene, ending a 14-year absence from an > increasingly popular sport, industry sources familiar with the > automaker's plans said on Monday. > The German-U.S. company, which has been placing greater > emphasis on professional racing, will announce its return to > NASCAR's Winston Cup circuit, sources said. DaimlerChrysler is > likely to begin racing in 2000 or 2001, returning to a sport > made popular by drivers such as Jeff Gordon and Dale Earnhardt. > > The world's No. 5 automaker, which also will return to > Formula One racing next year after the purchase of a 40 percent > equity in TAG McLaren Group earlier this year, has not confirmed > the plans. NASCAR declined to comment. > > Stock-car racing features full-bodied American-made sedans > turned race cars, rather than the open-wheel, single-seat cars > used in Indy and Formula One racing. > > The automaker has scheduled press conferences in New York > and at Talladega Superspeedway in Alabama on Thursday and > Friday, respectively, to make a major Dodge Motorsports > announcement. > > "I can't confirm speculation on whether or not it would > involve NASCAR," DaimlerChrysler spokesman David Elshoff said. > > Dodge, whose drivers have included Lee and Richard Petty > and Lee Roy Yarbrough, last participated in a Winston Cup race > in June 1985 after 35 years on the circuit. The former Chrysler > Corp., which merged with Germany's Daimler-Benz AG last year, > also raced cars under its Plymouth and Chrysler brands, > > Dodge still ranks as the fourth most successful brand in > Winston Cup history with 160 wins, trailing Ford, Chevrolet and > Plymouth, Racer Magazine editor John Zimmermann said. Dodge's > return to Winston Cup is most likely in 2001 as next year's > racing season is less than five months away. > > DaimlerChrysler has eyed a return to Winston Cup for years, > because of the sport's growing base of highly loyal fans, > Elshoff said. The automaker's Dodge Ram full-sized pickup truck > has participated in NASCAR's Craftsman series since its > inception five years ago. > > "The anecdotal stories and statistical figures support that > NASCAR-Winston Cup sponsors benefit from that involvement," he > said, pointing out Dodge's truck racing has raised consumer > awareness of its trucks and boosted company morale. > > The Dodge Intrepid, whose sales rose 13 percent through > September versus last year, is the car most likely to race in > Winston Cup, the sources said. General Motors Corp. competes > with Chevrolet Monte Carlo and Pontiac Grand Prix, while Ford > Motor Co. races the Taurus. > > NASCAR Winston Cup racing is such an attractive opportunity > for DaimlerChrysler because of a growing base of fans, who love > the sport's down-to-earth drivers and have pushed television > ratings sky-high, especially in the last 10 to 15 years, said > Bill Doyle, vice president of Performance Research, a sports > marketing-research firm in Newport, R.I. > > "NASCAR is the fastest-growing sport in the country so to > ignore it would be ignoring such a huge slice of the population > right now that it would be ridiculous," he said. > > In fact, NASCAR's fan loyalty rate in the United States is > almost double that of fans of pro football, baseball and > basketball, the firm said. In 1995, Sports Illustrated > magazine's cover story on NASCAR made that issue the > second-highest seller that year behind the swimsuit edition. > > "It certainly is a nationwide if not burgeoning worldwide > phenomena," Racer Magazine's Zimmermann said. > > ---------------------------------------------------------------- > ---------------- > Copyright © 1999 Reuters Limited. All rights reserved. > Republication or redistribution of Reuters Limited content, > including by framing or similar means, is expressly prohibited > without the prior written consent of Reuters Limited. Reuters > Limited shall not be liable for any errors or delays in the > content, or for any actions taken in reliance thereon.
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