Friday Dec. 12, 2008
WATKINS GLEN, N.Y. (AP) -- Watkins Glen International needs a title sponsor for its NASCAR Sprint Cup race after Centurion Boats opted out of the final year of its contract.
Company officials said the decision was based on the downturn of the national economy. Les Clark, East Coast general manager for Fineline Industries, the parent company of Centurion Boats, said production has been cut 50 percent, resulting in layoffs of half the work force at its North Carolina manufacturing facility.
The Glen's Cup race returns for its 24th consecutive year in August.
(Copyright 2008 by The Associated Press. All Rights Reserved.)