Office Depot(R) and Old Spice(R) to Serve as Co-Primary Sponsors for Stewart Beginning with 2009 NASCAR Sprint Cup Season
Friday, July 25, 2008 11:31 AM
Symbols: ODP

Two-Time Sprint Cup Champion to Drive No. 14 Chevrolet

Office Depot and Old Spice will serve as co-primary sponsors of Tony Stewart’s No. 14 Chevrolet Impala SS NASCAR Sprint Cup Series entry beginning in 2009. Officials from the two companies, as well as from Stewart-Haas Racing, made the announcement today near Indianapolis Motor Speedway.

Office Depot (NYSE:ODP), a leading global provider of office products and services, along with Old Spice, the No. 1 antiperspirant/deodorant stick and body wash choice for guys in the United States, have entered into multi-year agreements with Stewart-Haas Racing to sponsor the new entry driven by Stewart. In addition, both Office Depot and Old Spice are official NASCAR® partners, successfully leveraging their relationships with NASCAR and their race team sponsorships as powerful marketing platforms for their brands.

“To have Office Depot and Old Spice throw their support behind me and this race team makes me extremely proud,” said Stewart, who announced on July 10 that he had acquired a 50 percent stake in what is now known as Stewart-Haas Racing. “These are two partnerships that make a lot of sense.

“Office Depot focuses on small business owners, and with my role as a driver and owner next year, I’m both their spokesman and their customer – and I have been for years, because with two USAC teams, two World of Outlaws Sprint Car Series teams and three race tracks, you need a smooth-running office if you expect your business to run right.

“Old Spice has been with me for nine years, but our 10th year together is obviously going to be pretty big. This is a major commitment for the Old Spice brand, and we’re going to make sure the success we’ve enjoyed over the years continues.”

Delray Beach, Fla.-based Office Depot is the official office products partner of NASCAR, and its new sponsorship of Stewart, a two-time Sprint Cup Series champion, gives the multi-channel retailer continued star power in what will be its fifth year as a NASCAR sponsor.

“Tony is a successful entrepreneur who has an impressive record as a small business owner. This is one of the reasons why he is such a perfect fit for Office Depot,” said Chuck Rubin, President of North American Retail for Office Depot.


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