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Home Depot to park its NASCAR ride

Special to SEGAZINE

The days of the orange, No. 20 Home Depot car are coming to an end, Street & Smith’s SportsBusiness Journal reported.

The Atlanta-based home improvement retail giant, which has been a primary NASCAR sponsor since 1999, will leave the sport after its contract with Joe Gibbs Racing ends this season, said sources familiar with the plans. The home improvement company’s exit comes after several years of reductions in its marketing commitment to NASCAR.

The Home Depot Inc. (NYSE: HD) and Joe Gibbs Racing declined to comment.

Atlanta Business Chronicle.

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