Jumat, 03 Februari 2017

APNewsBreak: Danica Patrick's sponsor sued by racing team (The Associated Press)

Danica Patrick's new race sponsor, Nature's Bakery, is unveiled as, from right, Tony Stewart, Danica Patrick, Dave Marson, and Sam Marson look on during a news conference to announce a new sponsorship for her NASCAR auto racing team at Stewart-Haas Racing's headquarters in Kannapolis, N.C., Tuesday, Aug. 18, 2015. (AP Photo/Chuck Burton)

Stewart-Haas Racing has filed a breach of contract lawsuit against Nature's Bakery, accusing the company of refusing to pay millions of dollars it owes the team to sponsor Danica Patrick this season. Nature's Bakery was scheduled to sponsor at least 20 races this NASCAR season, the second year of a three-year deal to be the primary sponsor for Patrick. The lawsuit filed Friday in state superior court indicates Nature's Bakery had cash flow issues not long after signing its sponsorship agreement and asked to rework the payment schedule on the more than $15 million the company owes the team each season.


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