Roush Fenway Racing was informed today that DeWalt Power Tools will not renew its sponsorship of Matt Kenseth and the No. 17 team for the 2010 season.
“We would like to thank DeWalt for serving as a great partner for the past 10 years,” said Roush Fenway President Geoff Smith. “During that time we have seen great success for both their company and marketing program, as well as with Matt on the racetrack. They will always be remembered and honored as the sponsor of Jack Roush’s first Sprint Cup Championship team.
“Despite this success – in the face of the significant world-wide economic decline in the construction industry – DeWalt’s decision to not return is not a great surprise to us,” added Smith. “Fortunately, we have several great companies interested in taking over and we expect to begin finalizing those sponsorship arrangements in the very near future.
“All of us at Roush Fenway Racing remain committed to keeping the No. 17 DeWalt car running up front, winning races and to put them in a position to contend for a second championship this season.”
DeWalt has served as the primary sponsor on the No. 17 for the past 10 seasons