Snapshot
November 06, 2014

CNBC signs on as title sponsor for ISM Raceway

Participating in this sponsorship deal:

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About Sponsor:

CNBC (officially the Consumer News and Business Channel until 1991)[3] is a satellite and cable television business news channel in the U.S., owned and operated by NBCUniversal. The network and its international spinoffs cover business headlines and provide live coverage of financial markets. The combined reach of CNBC and its siblings is 390 million viewers around the world. In 2007, the network was ranked as the 19th most valuable cable channel in the U.S., worth roughly $4 billion.[4] It is headquartered in Englewood Cliffs, New Jersey.[5]

About Property:

ISM Raceway is a 1 mile, low-banked tri-oval race track located in Avondale, Arizona, near Phoenix. The motorsport track opened in 1964 and currently hosts two NASCAR race weekends and 1 IndyCar Series race weekend annually. Phoenix Raceway has also hosted the CART, USAC and the WeatherTech SportsCar Championship. The raceway is currently owned and operated by International Speedway Corporation.

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CNBC's 'The Profit' to sponsor Phoenix race February 07, 2014, Staff report, NASCAR.com Like Share March 2 event to be called The Profit on CNBC 500 presented by Small Business Fueling America The March 2 event will be called The Profit on CNBC 500 presented by Small Business Fueling America, with the green flag scheduled to drop at 3 p.m. ET. The announcement came Friday on CNBC via PIR President Bryan Sperber, "The Profit" star Marcus Lemonis and NASCAR Executive Vice President and Chief Marketing Officer Steve Phelps."We are excited to partner with Marcus and his team at 'The Profit' and CNBC on our NASCAR Sprint Cup Series race next month," Sperber said in a track release. "Small businesses have been fueling NASCAR from its very beginning, so this partnership is a great match.""The Profit" television show has Lemonis hunting for struggling businesses, in which he invests his own money to turn the company around. The program also served as the primary sponsor for a NASCAR Nationwide Series race in 2013 at New Hampshire and presented the NASCAR Camping World Truck Series race at Eldora Speedway."This unique partnership is a great opportunity to draw attention to small business which is the heart and soul of the American economy," Lemonis said. "We are proud to be a race sponsor and what better way to celebrate the launch of a new season of 'The Profit' than with passionate NASCAR fans."MORE: Tags
Read more at www.nascar.com »
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