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Record #:
30314
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Abstract:
Community banking can lead to many different opportunities and relationships. Johnny Caddy, vice president of The Bank of Currituck, has helped finance and build monster trucks, including Dennis Anderson’s famous Gravedigger. Caddy and Anderson recently developed a new entertainment park in Currituck County called Dennis Anderson’s Muddy Motor Sports.
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Record #:
7427
Author(s):
Abstract:
NASCAR racing is big business. Racing teams require over $15 million a year to keep their cars in competition. Primary sponsors of teams, like Mooresville-based Lowe's, pay up to $10 million a season, and secondary sponsors pay up to $1 million. In return, the sponsors get their logos displayed on the racing cars and the drivers' outfits. Sponsors believe the money is a good advertising investment since the thirty-six NASCAR Nextel Cup races attract over thirteen million fans, besides the 200 million who view the four-hour races on television.
Source:
Business North Carolina
(NoCar HF 5001 B8x), Vol. 25 Issue 10, Oct 2005,
p34-39, il
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