logo
Joe Gibbs Racing announces new multi-year sponsorship deal

Joe Gibbs Racing announces new multi-year sponsorship deal

Yahoo18-06-2025

Since the departure of long-time partner FedEx, Denny Hamlin and Joe Gibbs Racing have welcomed several new partners to the No. 11 Toyota. Of note, Progressive signed on in a major deal that will have the insurance company back Hamlin in 18 races this year.
JGR has now announced the addition of Bob's Discount Furniture, a U.S.-based furniture store with its headquarters in Newington, Connecticut. They have roughly 150 stores across the country, primarily in the Northeast, Mid-Atlantic, Midwest, and West Coast regions.
Advertisement
This is a multi-year deal with the company's first race set for August 3rd at Iowa Speedway. It's unclear how many races they will sponsor this year. The official paint scheme will be revealed on Thursday, July 17th in Winston-Salem, North Carolina. The location will be the grand opening of a new Bob's Discount Furniture store.
Denny Hamlin, Joe Gibbs Racing Toyota
Denny Hamlin, Joe Gibbs Racing Toyota
Hamlin already has three wins in 2025, tied for the most among all drivers. After crashing in the battle for the Daytona 500 win, he went on to win at Martinsville, Darlington, and Michigan -- all with three different sponsors. Hamlin has carried four different primary sponsors this year. In addition to Progressive, he has raced with National Debt Relief, SportClips, Yahoo colors.
Advertisement
He recently missed the Cup race in Mexico City following the birth of his son, which was the first Cup race the veteran driver has missed in about eleven years. Despite that, he remains fifth in the regular season standings.
Read Also:
Carson Hocevar fined for making insensitive comments about Mexico
Will NASCAR return to Mexico City in 2026?
Despite Mexico win, SVG says "I need to keep getting better to justify" Cup ride
To read more Motorsport.com articles visit our website.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Tesla Stock Sinks as Musk-Trump Feud Escalates Again
Tesla Stock Sinks as Musk-Trump Feud Escalates Again

Yahoo

time34 minutes ago

  • Yahoo

Tesla Stock Sinks as Musk-Trump Feud Escalates Again

Shares of Tesla are dropping in premarket trading Tuesday as the feud between CEO Elon Musk and President Donald Trump heats up again. Trump early Tuesday accused Musk of gaining excessively from electric vehicle subsidies. Trump's "One Big Beautiful Bill," currently being debated by the Senate, includes a provision to eliminate the $7,500 new EV tax credit, a key piece of former President Joe Biden's efforts to accelerate U.S. EV of electric vehicle maker Tesla (TSLA) are dropping more than 4% in premarket trading Tuesday as the feud between CEO Elon Musk and President Donald Trump heats up again. In a post on his Truth Social platform early Tuesday, Trump accused Musk of gaining from subsidies on electric cars. "Elon may get more subsidy than any human being in history, by far, and without subsidies, Elon would probably have to close up shop and head back home to South Africa," Trump wrote. Trump's signature "One Big Beautiful Bill," currently being debated by the Senate, includes a provision to eliminate the $7,500 new EV tax credit, a key piece of former President Joe Biden's efforts to accelerate U.S. EV adoption. "No more Rocket launches, Satellites, or Electric Car Production, and our Country would save a FORTUNE. Perhaps we should have DOGE take a good, hard, look at this? BIG MONEY TO BE SAVED!!!,' Trump added as he lashed out at his former ally. Musk, who also is the CEO of rocket company SpaceX, recently stepped down from running the cost-cutting Department of Government Efficiency (DOGE) in order to focus on his businesses. Trump's comments came hours after Musk posted his latest complaints about the tax-and-spending bill on his social media platform X. "Every member of Congress who campaigned on reducing government spending and then immediately voted for the biggest debt increase in history should hang their head in shame!" Musk wrote. "And they will lose their primary next year if it is the last thing I do on this Earth." Tesla shares entered Tuesday having lost more than a fifth of their value this year. During the initial escalation of the public spat between Musk and Trump on June 5, shares tumbled 14%, erasing more than $150 billion from Tesla's market capitalization. Read the original article on Investopedia Sign in to access your portfolio

2025 NFL offseason: Game-by-game predictions for the Jets
2025 NFL offseason: Game-by-game predictions for the Jets

Yahoo

time36 minutes ago

  • Yahoo

2025 NFL offseason: Game-by-game predictions for the Jets

We're in the heart of the 2025 NFL offseason and things are moving along slowly but training camp will be here soon. The start of the upcoming season is a ways away, but the league is starting to look toward that time with minicamp in the rear-view mirror. Advertisement Let's have a prediction now. Here is Jets Wire's early game-by-game predictions for the 2025 season: Week 1: vs. Pittsburgh Steelers Aaron Rodgers is the quarterback for the Steelers... new head coach Aaron Glenn at home in his debut? Feels easy. Prediction: Win (1-0). Week 2: vs. Buffalo Bills The Bills are still a lot to handle in the AFC East. Prediction: Loss (1-1). Week 3: at Tampa Bay Buccaneers The Bucs have a good offense and the Jets would likely handle them better later on in the season. Prediction: Loss (1-2). Week 4: at Miami Dolphins (MNF) The Dolphins have had a lot going on already this offseason and already being in Florida could bode well for the Jets. Advertisement Prediction: Win (2-2). Week 5: vs. Dallas Cowboys The Cowboys should be better with a healthy Dak Prescott at quarterback. Prediction: Loss (2-3). Week 6: vs. Denver Broncos (London) The Jets have a bit of an advantage in terms of international games so an upset could be in order. Prediction: Win (3-3). Week 7: vs. Carolina Panthers Two similar teams looking to improve with young rosters... Prediction: Win (4-3). Week 8: at Cincinnati Bengals The Bengals are going to be overly motivated the entire season after a tough 2024. Prediction: Loss (4-4). Week 9: Bye Aug 17, 2024; Charlotte, North Carolina, USA; New York Jets helmets during the second half against the Carolina Panthers at Bank of America Stadium. Mandatory Credit: Jim Dedmon-USA TODAY Sports Week 10: vs. Cleveland Browns There are still a lot of question marks with the Browns... even more than a new-look Jets team. Advertisement Prediction: Win (5-4). Week 11: at New England Patriots (TNF) It's a big game between two AFC East teams looking to improve in 2025... but home on a Thursday is an edge. Prediction: Loss (5-5). Week 12: at Baltimore Ravens The Ravens remain a top-tier team where the Jets want to be. Prediction: Loss (5-6). Week 13: vs. Atlanta Falcons The Falcons out of their dome and into MetLife could be a nice edge. Prediction: Win (6-6). Week 14: vs. Miami Dolphins While this will be a winnable one, it's a potential upset of sorts. Prediction: Loss (6-7). Week 15: at Jacksonville Jaguars It's hard to gauge where the Jaguars will be but this could go either way. Advertisement Prediction: Loss (6-8). Week 16: at New Orleans Saints The Saints have so much going on, simply put. Prediction: Win (7-8). Week 17: vs. New England Patriots In a season finale at home, could the Jets sneak close to the postseason? Prediction: Win (8-8). Week 18: at Buffalo Bills This is very depending on where the Bills stand in the playoff picture, but it's also their final game at home before their new stadium opens... a lot to ask. Prediction: Loss (8-9). This article originally appeared on Jets Wire: 2025 NFL minicamp: Game-by-game predictions for the Jets

US Senate holds marathon overnight vote on Trump's 'big beautiful bill'
US Senate holds marathon overnight vote on Trump's 'big beautiful bill'

Yahoo

time37 minutes ago

  • Yahoo

US Senate holds marathon overnight vote on Trump's 'big beautiful bill'

The US Senate is holding a marathon voting session on a sprawling budget bill that is critical to President Donald Trump's agenda. The One Big Beautiful Bill Act, though, hangs in the balance as Trump's Republicans - who control both chambers of Congress - remain split over how much to cut welfare programmes by as they seek to extend tax breaks. If approved in the Senate, the bill will return to the lower House of Representatives, which passed its own version by a single vote last month. Elon Musk has stepped up his criticism of Republicans who "campaigned on reducing government spending" and then "immediately voted for the biggest debt increase in history". The tech billionaire was in charge of Doge, the Department of Government Efficiency, which has been tasked to find ways of cutting government spending, until the pair fell out. The US national debt currently sits at $36tn (£26tn), according to the treasury department. According to new estimates, if passed, the bill will add $3.3tn to that debt. The proposed legislation - running to nearly 1,000-pages - includes increased spending for border security, defence and energy production - offset to a degree by cuts to healthcare and food-support programmes. Proposed cuts could strip nearly 12 million Americans of their health insurance coverage, according to the Congressional Budget Office, a non-partisan federal agency. Senators are currently arguing for or against adding amendments - each voted on separately in a process called "vote-a-rama", which has been going on for more than 20 hours. The Republican debate has focused on how much to cut welfare programmes in order to extend $3.8tn (£2.8tn) in Trump tax breaks. One of their amendments, by Senator John Cornyn, proposed reducing federal Medicaid payments - the programme that helps low-income groups cover healthcare costs - to states that provide coverage to undocumented immigrants charged with specific crimes. It was not approved. Democrats have criticised the proposed cuts. Senator Ed Markey, for instance, proposed an amendment to delete provisions which he argued would force rural hospitals to limit their services or shut down altogether. Other amendments proposed by Democrats concerned the bill's cuts to food assistance. They were all voted down along party lines. "We have been debating amendments for 21 hours and we are still going because through 12 hours of debate and 21 hours of amendment votes, Republicans still don't have 50 votes for their bill. Because it's a moral monstrosity," Democratic Senator Chris Murphy said early on Tuesday. On Sunday, Democrats used a political manoeuvre to stall the bill's progress, calling on Senate clerks to read all 940 pages of the bill aloud, a process that took 16 hours. It followed weeks of public discussion and the Senate narrowly moving on the budget bill in a 51-49 vote over the weekend. Two Republicans sided with Democrats in voting against opening debate, arguing for further changes to the legislation. One of those Republicans, North Carolina Senator Thom Tillis, announced his retirement following that vote and said the legislation broke promises that Trump and Republicans made to voters. "Too many elected officials are motivated by pure raw politics who really don't give a damn about the people they promised to represent on the campaign trail," Tillis wrote in his announcement. Kentucky Republican Senator Rand Paul objected to the debt increase, and cuts to Medicaid. A look at the key items in Trump's 'big, beautiful bill' The woman who could bust Trump's 'big beautiful bill Republicans in the Senate can only afford three defections in order for the bill to pass. If they lose three votes, Vice-President JD Vance will have to cast a tie-breaking vote. The bill would then return to the House of Representatives, where a full vote on the Senate's version could come as early as Wednesday morning. Fiscal hawks of the Republican-led House Freedom Caucus have threatened to torpedo the Senate package which they say adds over $650bn to the national deficit. Despite the uncertainty, White House Press Secretary Karoline Leavitt has said Trump is "confident" the bill will be on his desk for a final signature by 4 July. For his part, Elon Musk has, once again, threatened to set up a new political party if the bill clears Congress. In a sign of further alienation between the pair, Trump has suggested that Doge should take a look at cutting the subsidies that Tesla CEO's companies have received. "Elon may get more subsidy than any human being in history, by far, and without subsidies, Elon would probably have to close up shop and head back home to South Africa," Trump wrote on his Truth Social platform. (With additional reporting from Bernd Debusmann Jr at the White House) Senate Republicans advance Trump's 'Big Beautiful Bill' but final vote hangs in balance The woman who could bust Trump's 'big beautiful bill' Republican Senator Thom Tillis to leave Congress after clash with Trump

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store