By Anthony Caruso III | Publisher
Smithfield Foods has elected to change their Monster Energy NASCAR Cup Series team in 2018. They are moving from Richard Petty Motorsports in favor of Stewart-Haas Racing.
The company made the announcement on Tuesday morning.
“We’re excited to announce today that Smithfield Foods will join Stewart-Haas Racing as a primary team sponsor beginning in 2018,” the company said. “The decision to leave Richard Petty Motorsports and join Stewart-Haas Racing was difficult, but we feel this move will improve our competitiveness on the track and strengthen our position as a leading consumer packaged goods company.”
No details of the agreement has been announced at this time. However, normally in motorsports, sponsored agree to multi-year deals.
“We’re very proud to have Smithfield Foods join the Stewart-Haas Racing family,” Brett Frood, President, Stewart-Haas Racing, said. “Smithfield has activated heavily and successfully within the sport, and we’re honored to be a part of the brand’s forward initiatives and strategy. Although we’re not ready to announce the full details of the program, we look forward to this new endeavor while remaining focused on the upcoming playoffs and putting forth the best effort possible to win more races and contend for another championship.”
Smithfield Foods joined the No. 43 team for the 2012 team. Presently, Richard Petty Motorsports does not have a primary sponsor for that program — and have no plans at this time to leave NASCAR.
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