How much does GM pay to NASCAR teams?

While no one is saying how much General Motors is cutting its financial support from teams, at least one court document puts a price tag on it. Try $2,538,750. And that's to one Cup team. A court document shows that GM was to have paid RCR Enterprises, LLC (i.e. Richard Childress Racing) that amount on June 15. Childress spoke Friday at Infineon Raceway about the GM situation. Asked if he received his June 15 payment from GM, Childress said: "That's kind of personal. I didn't ask you if you got your paycheck this week.'' If nothing else, that gives you a sense of some of the money that's out there and involved in this sport. Childress would not reveal what kind of cutbacks GM is making with his team. Asked if he would have to lay anyone off, Childress said: "I don't know really what all is going to happen. We're going to have to make cuts like everybody in the sport or in business. We don't want to cut performance. For sure, we're not going to cut performance. We'll cut a lot of other things before that.'' Virginian-Pilot

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