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BAM Racing cuts Cup schedule
Posted:0535hrs

By Reid Spencer,Sporting News NASCAR Wire Service

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Sponsorship issues and a switch from Dodge to Toyota have complicated the operations at BAM Racing, which won’t field a car at Talladega, as had been previously announced.


In an open letter released Tuesday, team owner Beth Ann Morgenthau announced that a primary sponsorship commitment from a “private company” had been reduced as the company has tried to raise capital. That leaves BAM’s race schedule and driver Ken Schrader with uncertain futures.

“Our recent switch to Toyota is a strong testament to our focus and commitment to become more competitive, even though we were disappointed it became necessary to miss two races to complete the transition to Toyota,” Morgenthau said of the absence of the No. 49 Camry from Martinsville and Phoenix. “We were excited about the potential for the balance of the 2008 season.

“That excitement was abruptly interrupted this past week by news that a primary sponsorship deal once planned for the majority of the 2008 season had been reduced to a fraction of a season and that fraction will likely be in the fall.

“With no other primary sponsor currently in place to fill the void, the harsh reality of this most recent news is that we are forced to reduce our 2008 participation to a partial season. Our marketing groups are working hard to fill the sponsorship void so we can get back on the track sooner than later.”



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