When the results weren’t matching the financial investment Rob Kauffman was making on an annual basis, the co-owner could no longer justify pouring money into the organization.
That’s the explanation Kauffman gave Friday for his decision this week to pull out of MWR. He rescued Michael Waltrip during MWR’s rocky 2007 debut season, but will shift his money to Chip Ganassi Racing beginning next season.
“Michael Waltrip Racing wouldn’t have existed through today without substantial and continued financial support from me, ” Kauffman said at Bristol Motor Speedway. “From a business standpoint, that didn’t make sense any longer. You can’t have a top-10 budget and top-10 resources and not be in the top 10 for a sustained period of time.
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at [email protected].
Thank you.
Read the full story at wmbfnews
Rob Kauffman
