Busch, Gibbs address sponsorship change

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11/11/2011 - Avondale, AZ (Sportsbook Betting Lines) - NASCAR driver Kyle Busch continued to be apologetic for intentionally wrecking Ron Hornaday Jr. in last week's Camping World Truck Series race at Texas Motor Speedway.

Since NASCAR suspended him from last weekend's Nationwide and Sprint Cup Series races at Texas, Busch spoke with reporters for the first time on Friday at Phoenix International Raceway. The sanctioning body took further action on Monday by fining Busch $50,000 and placing him on probation for the remainder of the year.

Mars Inc. and its M&M's brand, which serves as the primary sponsor of Busch's No.18 Joe Gibbs Racing Toyota team, announced this week that it would not sponsor Busch's efforts in Sunday's Sprint Cup race at Phoenix as well as the November 20 season-finale at Homestead, FL.

"As a proud member of the racing community, Mars and the M&M's brand strongly support the partnership we have with Joe Gibbs Racing and are committed to NASCAR. Yet, Kyle's recent actions are unacceptable and do not reflect the values of Mars," Debra A. Sandler, who is the chief consumer officer of Mars Chocolate North America, said in a statement released on Thursday. "While we do not condone Kyle's recent actions, we do believe that he has shown remorse and has expressed a desire to change. We believe our decision will have a positive impact on Kyle and will help him return next season ready to win."

JGR announced that its longtime sponsor, Interstate Batteries, will be featured on the No.18 car at Phoenix and Homestead. Mars will continue its sponsorship with Busch's team during the 2012 season.

After being parked at Texas, Busch dropped from seventh to 11th in the Chase for the Sprint Cup championship point standings. He has been mathematically eliminated from title contention, as he presently trails leader Carl Edwards by 100 points.

"Obviously, this has been quite a trying week for myself and my wife [Samantha] and everybody at M&M's, Joe Gibbs Racing, Kyle Busch Motorsports and Interstate Batteries, all of the above," Busch said. "I'm upmost apologetic to everybody that's been having to go through this situation, and there's no one to blame but myself."

Busch said he had a telephone conversation with Hornaday days after the truck race. He quipped that he "is still invited to [Hornaday's] house."

Team owner Joe Gibbs joined Busch during the press conference, which was held prior to the first Sprint Cup practice held on the newly repaved and reconfigured one-mile Phoenix track.

"Joe has been a huge supporter of mine through all of this, and I can't say enough about him, all the folks at JGR and all the guys on my M&M's team, and we're here to say that we want to learn from this and we'll move on," Busch added.

Gibbs noted that Busch is facing penalties from JGR, including a fine. He would not comment on the details of the forthcoming penalties. Busch will not be relieved from his driving duties with the team after this season concludes.

"Kyle's penalties are going to be substantial," Gibbs said. "We also have other actions that are going to be in place. There will be other financial penalties and stuff that we're working through, and we'll continue to do that as we go forward through this process."

Busch is not competing in Saturday's Nationwide race at Phoenix. Joey Logano was originally scheduled to drive JGR's No.18 car for that event. Busch will not run in the Nationwide season-ending race at Homestead as well.

There had been speculation that Z-Line Designs, the primary sponsor of Busch's Nationwide team, asked JGR to replace Busch with Denny Hamlin in the Homestead race.

"I take the responsibility for a lot of that, because we were kind of wanting to go for the next two races to let Kyle focus on Cup, and so a lot of that came from the race team," Gibbs said.

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Additional basbeall odds can be found at: www.MySportsbook.com

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Matt Kenseth And Kevin Harvick Favorites To Take NASCAR Nextel Cup Championship

(September 15)—The NASCAR season has hit the homestretch with the opening event on this year’s Chase for the Cup taking place this weekend at the Sylvania 300 at New Hampshire International Speedway. With 10 races remaining to determine the Cup Series champion, leading online sportsbook MySportsbook.com today announced odds on all 10 Chase qualifying drivers capturing the NASCAR Sprint Cup Championship.

One of the largest sportsbook sites on the Internet, MySportsbook.com currently lists the top two drivers in the point standings as the early favorites to win the Nextel Cup. Entering the Chase for the Cup with a slim five-point lead in the point standings, 2003 NASCAR champ Matt Kenseth has been made a slight favorite to win his second Cup at 7/2 betting odds. 2001 Cup Rookie of the Year Kevin Harvick has betting odds listed at 5/2 and four-time NASCAR champion Jeff Gordon is listed at 6/1 to capture the Nextel Cup this year.

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MySportsbook.com will offer comprehensive Nascar betting lines on every race remaining on the Nextel Cup series including driver match-ups, props and odds to win each race. For a complete list of NASCAR odds, please visit www.MySportsbook.com.

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