Posted: 2:04 PM Aug 7, 2012 Reporter: from Tim Staudt
Dodge has decided to pull out of its NASCAR sponsorship at the end of this season, a person briefed on the matter said Tuesday. Chrysler, which owns the Dodge brand, scheduled a conference call late Tuesday to formally announce the decision. The company says the call will be led by Ralph Gilles, Chrysler Group LLC's president and CEO of Street and Racing Technology. Dodge's long term future in NASCAR had been subject to speculationa fter its flagship team, Penske Racing, announced it was moving to Ford next season.