Waste Management to sponsor Sterling Marlin HOMESTEAD, Fla.-- Waste Management, Inc. (NYSE: WMI) and MB2 Motorsports today announced the companies have formed a racing platform that will commence with the 2006 NASCAR season.
The agreement calls for Waste Management to be a primary sponsor for 12 NASCAR NEXTEL Cup Series races and a major associate sponsor for 24 other points races on MB2's No. 14 Chevrolet, which will be driven by Sterling Marlin. Waste Management’s first primary sponsorship race will be the season-opening Daytona 500, Feb. 19.
Waste Management is also an associate sponsor on MB2’s No. 01 U.S. Army Chevrolet, driven by Joe Nemechek.
"We are thrilled to sponsor MB2 Motorsports and have two-time Daytona 500 champion Sterling Marlin on our team," said David Steiner, Waste Management's chief executive officer. "We've had a great relationship with NASCAR since 2001 and are eagerly looking forward to enhancing our racing involvement in the NASCAR NEXTEL Cup Series with our new MB2 Motorsports sponsorship. This new relationship will assist Waste Management in meeting our primary business objectives."
Jay Frye, MB2's chief executive officer and general manager, said, "This is an exciting time for MB2. Adding a quality sponsor and an industry leader in environmental services to our racing program is a major step as we prepare for a successful 2006 campaign."
Frye added that he is continuing to work out details with additional partners to join Waste Management as a primary/associate sponsor with the No. 14 team.
Marlin, who recently announced that he will be joining MB2, says that he is enthusiastically awaiting the 2006 season.
“I welcome Waste Management to our No. 14 team and will be proud to represent the company both on and off the track," said Marlin, who was twice selected Tennessee’s Professional Athlete of the Year. “Waste Management is all about teamwork and that's exactly what the No. 14 team will be about. I am very excited about my new ride, new crew chief (Doug Randolph) and now a new sponsor."
Along with the MB2 partnership, Waste Management will continue as an Official Sponsor of NASCAR. The Company will work with NASCAR on its diversity initiative to make the sport – on and off the racetrack – look more like America.
Waste Management, Inc. is its industry’s leading provider of comprehensive waste management and environmental services. Based in Houston, the Company serves municipal, commercial, industrial and residential customers throughout North America.