BUSCH: McDonald's, PPI Announce Agreement

McDonald's announces future NASCAR team program By Brett Borden FONTANA, Calif. (May 1, 1999) Bill Korbus and Cal Wells make their announcement at California Speedway. McDonald's is supersizing its NASCAR program. That was how Bill ...

McDonald's announces future NASCAR team program By Brett Borden

FONTANA, Calif. (May 1, 1999) Bill Korbus and Cal Wells make their announcement at California Speedway. McDonald's is supersizing its NASCAR program. That was how Bill Korbus, McDonald's motorsports alliances manager, put it in a press conference at California Speedway Saturday in which the fast food giant announced plans with Precision Preparation, Inc. (PPI) to field a NASCAR Busch Series Grand National Division team next season, which will eventually lead into a NASCAR Winston Cup Series program.

"NASCAR will continue to be an important property in delivering McDonald's fast, accurate and friendly drive-thru message," said Korbus. "Our primary focus through the year 2000 will be with our sponsorship of the Bill Elliott Racing Team. The PPI agreement is our groundwork for the future."

Korbus said that the future of McDonald's and Elliott after the current contract runs out has not been decided, and that anything reported to the contrary is pure speculation.

PPI, owned by Cal Wells III, is a multi-dimensional racing company based in Rancho Santa Margarita, Calif. The company has competitive interests in the SCORE off-road series, the CART Fed-Ex Championship Series, and the KOOL/Toyota Atlantic Championship.

"We're thrilled with the opportunity to partner with McDonald's as we take on the challenge of NASCAR competition," said Wells. "We will work together to build an organization that reflects McDonald's top-caliber involvement in auto racing. We have a lot of work ahead of us, and our first priority is to find a driver who meets the criteria of both PPI and McDonald's."

Wells and his PPI associates have begun preparations to field a NASCAR Busch Series car at the 2000 season opener at Daytona International Speedway. The company has acquired Tim Wardlaw as program manager and just recently hired Joe Garone as crew chief. Wells and McDonald's have collectively decided to continue their relationship with Ford. PPI is currently in the process of securing a location to base the team in the Charlotte area.

Source: NASCAR Online

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Series NASCAR XFINITY