FOX: GM to Scale Back NASCAR Support

Under its bankruptcy restructuring plan, General Motors is expected to scale back support of NASCAR Nationwide and Truck Series teams, according to a report from FOXSports.com, which attributed the story to the SportsBusiness Journal.

The cost-cutting measures are likely to have the greatest affect on larger organizations, such as Kevin Harvick Inc., which fields teams in both series, and Rusty Wallace Inc. and JR Motorsports, which field teams in the Nationwide Series, according to SportsBusiness Journal's Michael Smith, who wrote the story.

As Smith points out, support from manufacturers typically comes in the forms of engines, parts and cash. In most cases, factory support goes to larger, more substantial organizations, while smaller teams receive little assistance, if any.

GM participates in NASCAR's top three touring series under the Chevrolet brand.