/C O R R E C T I O N -- General Motors Corporation/
28 Oktober 2003 - 8:12PM
PR Newswire (US)
/C O R R E C T I O N -- General Motors Corporation/ In the news
release, GM (NYSE: GM) Strengthens Chevrolet NASCAR Program in
2004, issued earlier today by GM over PR Newswire, we are advised
by the company that there are changes to the second and last
paragraphs and a media conference call has been scheduled.
Complete, corrected release follows: DETROIT, Oct. 28 /PRNewswire/
-- Following the end of the 2003 NASCAR season, GM will consolidate
its resources in NASCAR to exclusively support the Chevrolet Monte
Carlo and further advance and solidify the dominant position
enjoyed by Chevrolet in this series. "GM Racing will focus its 2004
NASCAR program on the Chevrolet Monte Carlo, and will no longer
race or support the Pontiac Grand Prix race car," said Doug
Duchardt, director of GM Racing. "This transition will enable GM
Racing to strengthen its Chevy Nextel Cup program and, at the same
time, work with Pontiac on its future racing plans." "Given
Pontiac's long association with NASCAR and our many great
accomplishments over the years, the decision to withdraw from
NASCAR was not an easy one," said Lynn Myers, general manager of
Pontiac-GMC. "Consistent with GM efforts to focus its racing
programs, Chevrolet will carry the NASCAR banner while Pontiac can
now devote resources to developing future racing and marketing
programs consistent with our new performance products, including
the GTO, Grand Prix Comp G, G6 and the GXP performance series. We
are proud of our racing accomplishments and we recognize that it is
a powerful engineering, people development and marketing tool.
Pontiac is investigating new opportunities to highlight the
performance of our vehicles on the track." Coming into the 2003
season, the Pontiac Grand Prix won two of the past three NASCAR
Winston Cup drivers' championships: Bobby Labonte in 2000, and Tony
Stewart in '02. Chevrolet has an ongoing record of dominance in
NASCAR's modern era. Chevrolet has won 23 of the last 31 NASCAR
Winston Cup manufacturers' championships including the 2003 title
with 10 different drivers capturing 17 wins in 33 races so far this
year. Through 2003 in the NASCAR Busch Series and Craftsman Truck
series, Chevrolet has won 10 of 13, and five of nine NASCAR
manufacturers' titles respectively. With 2003 drivers' titles still
to be determined in both series, Chevrolet has won 11 of 21 in
Busch and seven of eight in Craftsman Truck. DATASOURCE: General
Motors Corporation CONTACT: Mike Stoller of GM Racing
Communications, +1-313-665-2445, ; or Jim Hopson of Pontiac-GMC
Communications, +1-313-667-4124, Web site: http://media.gm.com/
http://www.gm.com/
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