Saturday, July 2, 2011

GoDaddy Sold, What's it Mean for Danica Patrick and NASCAR ?

  Fresh off a week when many in the NASCAR community were stunned by the announcement that Red Bull would be leaving the sport as an owner, there is news concerning another major sponsor. GoDaddy.com has been bought by a team of private investors for $2.25 billion.
  The company has made statements that they remain committed to Danica Patrick, both as a spokesperson and a sponsor of her racing efforts. This, however, many times is standard operarting procedure when a company is aquired. They don't want anyone around them making any bold moves before they get the chance to begin implementing their ideas.
  The general consenus surrounding Danica was she was coming to NASCAR and bringing GoDaddy with her. Now, will the number of teams courting her diminish if her sponsorship is in doubt?
  This is also not good news for NASCAR, itself. With the uncertainty of the Red Bull situation, and now GoDaddy. With the tough economy the sport cannot bear to potentually lose two major sponsors.
  Only time will tell, but don't be surprised if GoDaddy Goes Away.

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