Kasey Kahne’s most identifiable Hendrick Motorsports sponsor is leaving after the expiration of its current deal.
Farmers Insurance told Sports Business Journal that the company wouldn’t be renewing its agreement with the No. 5 team after the 2017 season. Farmers joined Hendrick Motorsports when the team signed Kahne before the 2011 season.
A spokesperson for the company told SBJ that it had “made a strategic decision to focus on other brand activities.” Farmers initially had sponsored about two-thirds of Kahne’s races with Hendrick Motorsports and is slated to be a primary sponsor for 12 races each in 2016 and 2017.
Farmers’ departure leaves Hendrick Motorsports with one insurance sponsor. Nationwide Insurance signed on before the 2015 season to sponsor Dale Earnhardt Jr. after it it didn’t renew its title sponsorship of what’s now the Xfinity Series.
Kahne has missed the Chase in each of his last two seasons. He qualifiedRead More »from Farmers Insurance leaving Kasey Kahne's No. 5 team after 2017