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Chrysler cuts budget, stays in NASCAR

Updated: January 4, 2009, 11:37 PM ET
By Marty Smith | ESPN.com

Chrysler plans to slash its overall NASCAR budget by more than 30 percent in 2009, Dodge Motorsports director Mike Accavitti told ESPN.com on Thursday.

That reduction is due in part to the team-merger between Dale Earnhardt, Inc. and Chip Ganassi Racing, which removes Ganassi's former three-team Sprint Cup operation from the Dodge fold. (Earnhardt-Ganassi Racing will run Chevrolets.)

But Dodge will also cut back on at-track car displays, track sponsorships and promotions. It ...

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