Kobalt Tools tells NASCAR no

Kobalt Tools, the Lowe's brand that was considered the leader to be the title sponsor of the NASCAR truck series, has withdrawn from the bidding, sources say. Craftsman is in its final season as the title sponsor. With Kobalt stepping away, the door is open for Craftsman to renew its status as the official tool of NASCAR, which the brand had hoped to retain even though it was not renewing title sponsorship of the series. Sports Business Journal

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