Why Did Lowes Stop Sponsoring Nascar?

Who will replace Jimmy Johnson?

Alex BowmanAlex Bowman will replace Jimmie Johnson in iconic No.

48 Chevrolet in 2021.

When seven-time NASCAR champion Jimmie Johnson steps out of his No.

48 Hendrick Motorsports Chevrolet at the end of the 2020 season, Alex Bowman will be taking over one of the most successful rides in the sport..

Who is the richest Nascar owner?

Rick HendrickNet Worth:$1 BillionDate of Birth:Jul 12, 1949 (71 years old)Gender:MaleProfession:BusinesspersonNationality:United States of America1 more row

When did Lowes stop sponsoring Nascar?

Hendrick Motorsports announced earlier this year that Lowe’s would end its sponsorship of Johnson at the end of 2018. Lowe’s has been the primary sponsor of the No. 48 for Johnson’s entire Cup Series career to date. Johnson ran a partial schedule in 2001 and went full-time in the series in 2002.

Why are sponsors leaving Nascar?

Leadership Changes. One reason why sponsors leave NASCAR is centered around leadership changes at the business. … This can lead to a sponsor leaving the sport to invest their money in a different sport vertical, or another form of entertainment.

Is Lowe’s still a Nascar sponsor?

Lowe’s has been the primary sponsor of Johnson’s car throughout his entire Cup Series career. Lowe’s announced earlier this year that it would leave HMS and NASCAR at the end of the 2018 race season. Credit for the conversation between team and sponsor reigniting is being given to executive changes at Lowe’s.

Why did Jeff Gordon quit racing?

This is a big reason why he’s leaving racing. “I don’t want to live a life where I can’t play with my kids,” he says. We begin to walk out to his car, but before we do, Gordon turns to the other man sitting in the Starbucks.