Dodge is withdrawing from NASCAR competition at the end of the
2012 season.
The decision announced Tuesday impacts Dodge’s involvement in both the Sprint Cup Series and the Nationwide Series.
Penske Racingcurrently fields two Dodge Chargers in Sprint Cup and two Dodge Challengers in Nationwide.
Penske announced in February that it would move to Ford next
year, and SRT President and CEO Ralph Gilles said that had an
impact on the decision.
Gilles said the company has been evaluating all its options for
five months.
He said “in the end, we simply couldn’t develop the right structure” to race at a level and quality expected.
Gilles did not rule out a return to NASCAR in the future.
