GM cutting NASCAR funding (surprise!)

The AP is reporting that GM will be cutting its funding support to teams across the whole of NASCAR, from the truck series to Nextel and on. Allegedly, Dale Jr. was one of the first teams to find out that they’re going to be losing out. Dunno if they’re going to cut funding completely, though they say Chevy won’t pull out of the series.

The less well funded teams will be feeling more and more of a squeeze by now. Advertisers are already hard to come by.