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Denny Hamlin Faces Uncertain Future with FedEx Sponsorship as 20-Year Partnership Nears End, and $65 billion fly away

Simon Monroy by Simon Monroy
September 30, 2024
in Motorsports
Reading Time: 3 mins read
0
Denny Hamlin urges NASCAR to remember their duty in light of Austin Dillon scandal
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In NASCAR, sponsorship deals often mean the difference between success and survival. For Denny Hamlin, the No.11 Joe Gibbs Racing (JGR) driver, his longstanding relationship with FedEx has been more than just financial backing—it’s been the backbone of his career since he entered the Cup Series. But now, reports suggest that this two-decade partnership could be coming to an end, as the Memphis-based shipping giant looks to cut back on spending.

FedEx has been a core sponsor for Hamlin, supporting him since his days in the Xfinity Series, when he struggled to secure a full-time ride due to a lack of funding. The multinational corporation took a significant risk on the then-up-and-coming driver, a move that paid off tremendously as Hamlin went on to become one of NASCAR’s most consistent and successful drivers. Over his career, Hamlin has amassed 50+ race wins and become a perennial championship contender, all while proudly carrying the FedEx branding on his car.

But recent financial constraints and budget cutbacks at the $65 billion company have sparked rumors that FedEx might end its sponsorship deal with JGR and Hamlin after nearly 20 years. The whispers have only grown louder as FedEx publicly announced plans to reduce costs, possibly severing one of the longest-running sponsorships in the sport.

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Addressing the rumors, Hamlin opened up about the possibility of losing his long-time sponsor. He expressed deep gratitude for FedEx’s early and ongoing support, recognizing the role the company played in shaping his career.

“It’s been a fantastic partnership… They’re the ones that really took a risk on me when I was just running the Xfinity Series about fifth to eighth every week. That risk paid off for many, many years, and I couldn’t be happier to be aligned with FedEx. It’s made my career,” Hamlin reflected, adding that he cherished the relationship both on and off the track.

Hamlin’s appreciation is understandable, given that FedEx helped launch him into the Cup Series, where he quickly established himself as a top-tier driver. However, the potential end of this partnership is part of a larger trend. Earlier this year, Hooters abruptly ended its sponsorship deal with Hendrick Motorsports due to financial concerns, signaling that even the most established brands in NASCAR aren’t immune to economic pressures.

Despite the looming uncertainty, Hamlin remains determined to repay FedEx’s faith by delivering strong results in the remaining races of the season. He has every reason to be optimistic, especially heading into Kansas Speedway, where he’s historically excelled. With four career wins and three podium finishes in the Next-Gen era at Kansas, Hamlin has proven himself a formidable force at the 1.5-mile track.

His secret? Hamlin attributes his success to his ability to navigate the tricky dynamics of passing other cars on Kansas’ challenging circuit, a skill that sets him apart from other drivers who struggle to maintain speed when moving off the preferred racing line.

“Everyone can run fast when they go up by the wall, but can you run fast when you actually have to pass someone and go down low? I think our ability and the versatility of our car over the last few years is really what’s made us excel,” Hamlin explained.

As Hamlin eyes another strong showing in Kansas, he’s not just racing for a spot in the Round of 8 or a shot at the Cup Series Championship. He’s racing to honor a partnership that has defined his career and to remind FedEx—and the entire NASCAR community—of the immense value of their relationship.

If this truly is the final chapter of Hamlin’s FedEx-backed journey, he’s determined to make it a memorable one.

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