Tuesday, March 6, 2012

Chinese solar company to sponsor Kasey Kahne

Per SceneDaily.com, Hendrick Motorsports is close to finalizing a nine-race primary sponsorship with Trina Solar, a Chinese solar panel manufacturer, for its No. 5 NASCAR Sprint Cup entry.

The deal will see Trina appear alongside Farmers Insurance on Kasey Kahne’s car at nine races this season.
Financial terms of the agreement weren’t available, but a deal of this size with a premier NASCAR team typically would be worth more than $5 million a year.

Trina Solar executives could not be reached before deadline. Hendrick Motorsports was unavailable for comment.