Furniture Row Racing Cuts Back

November 24, 2008  by in UnCategorized   

By Home Furnishings Business in Furniture Retailing on November 2008 Denver-based Furniture Row Racing, which has competed in Nascar’s top level for three years, announced recently that it has released driver Joe Nemechek. A statement said the racing team sponsored by the 330-store retail chain bought out Nemechek’s contract after deciding it would not run the full 36-race schedule in Nascar’s highest division, Sprint Cup, in 2009.

Furniture Row had its best year in 2008, having qualified for 32 out of 36 races, earning a pole position at Talladega and finishing a team best 11th in that race.

“Just like the reduced schedule announcement, this buyout of Joe’s contract has nothing to do with his on-track performance,” said Joe Garone, team president, in an announcement.