Wednesday, December 10, 2008

NASCAR's Hendrick on Big 3 Bailout

Championship NASCAR car owner Rick Hendrick joins the gang at The Bull's and Bear's for some frank talk on the Big 3 bailout before Congress. This is obviously a major issue, but NASCAR is in real trouble if the Big 3 go out of business.



Hendrick owns the GM Chevrolets driven by Jeff Gordon, Jimmie Johnson and Mark Martin. Like everywhere else, layoffs have hit the garage area hard, as reported by Jayski.

The Unofficial NASCAR related Layoff Count since end of season:(exceptions noted)

Dale Earnhardt Inc -- 120
Ganassi -- 76 (71 + 5 more on Tues)
Petty Enterprises -- 65
Bill Davis Racing -- 60
Richard Petty Driving Experience -- approx 45
Roush Fenway Racing -- 35
Furniture Row -- 25 [approx]
Earnhardt-Childress Racing Technologies -- 25 [approx]
Wood Brothers -- 22
Hendrick Motorsports -- 19
Stewart-Haas -- 16
Richard Childress Racing -- 15
Red Bull Racing -- approx 15
JTG Daugherty Racing -- 12
Michael Waltrip Racing -- 12
Ernie Elliott Inc [Ganassi engines] -- 9
Joe Gibbs Engines -- approx 5

Worse yet, the famed Petty Enterprises 43 Dodge may be forced to cease operations. Petty has fielded the car since 1969, and that would be quite a shame. Keep the beer cold at the BAHLDORF!

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