The Auto Channel
The Largest Independent Automotive Research Resource
The Largest Independent Automotive Research Resource
Official Website of the New Car Buyer

GM Goodwrench, Hershey Join Forces on RCR's No. 29

HAMPTON, Ga., Oct. 31, 2005 -- Richard Childress Racing (RCR) announced today that GM Goodwrench and The Hershey Company have joined forces as co-primary sponsors of RCR's No. 29 Chevrolet Monte Carlo SS driven by Kevin Harvick in the 2006 NASCAR NEXTEL Cup Series season.

GM Goodwrench will be the primary sponsor for 24 races, including the Daytona 500 at Daytona International Speedway in Daytona Beach, Fla. The Hershey Company, through its Reese's brand, will be the primary sponsor for 12 races, including the Brickyard 400 at Indianapolis Motor Speedway.

"We see this as a great opportunity to extend our NASCAR program with a brand like REESE'S," said Jim Moloney, General Director, GM Service and Parts Operations Marketing. "We have had a relationship with The Hershey Company through our involvement with Richard Childress Racing for five years now and it continues to grow and prosper.

"When we analyzed our GM Goodwrench sponsorship program, we saw a great opportunity to reach a much larger demographic audience by teaming up with The Hershey Company. While it may be strange for fans to see the No. 29 Chevrolet without GM Goodwrench as the lone primary sponsor, the opportunity for additional exposure generated by REESE'S is too good to pass up."

These American icons first joined forces through the No. 29 team in 2001 when the REESE's Fast Break candy bar was the sponsor at the season-ending race at New Hampshire International Speedway. In April 2004, ICE BREAKERS Liquid Ice was the sponsor of the No. 29 at Texas Motor Speedway and, this past August, REESE's Big Cup was the sponsor at Bristol Motor Speedway.

"The Hershey Company is very excited to team up with such a great organization like GM Goodwrench," said Bob Goodpaster, Vice President, Integrated Business Intelligence and Marketing Services, The Hershey Company. "We've worked very well with GM in the past and feel arrangements like this, involving major sponsors, are a wave of the future that will allow us to drive higher levels of racing performance and excitement for our race fans. The GM Goodwrench racing tradition, Richard Childress Racing and Kevin Harvick are perfect matches for The Hershey Company and the Reese's brand."

GM Goodwrench began its sponsorship with RCR on the No. 3 Chevrolet driven by the legendary Dale Earnhardt as an associate sponsor in 1986 before becoming the primary sponsor in 1988. The Hershey Company began its associate sponsorship in 2001 and is currently an associate sponsor of the No. 29 team. It has also been the primary sponsor of RCR's No. 21 NASCAR Busch Series team since 2003.

"We're very proud to have GM Goodwrench and Hershey's join forces as co- primary sponsors on the No. 29 Chevrolet," said Richard Childress, president and CEO of Richard Childress Racing. "The marketing opportunities created by this relationship will be great for all NASCAR fans. RCR has been fortunate over the years to have won championships with both companies and our goal for next season is to have both of these great American companies at the head table in New York City."

Harvick and co-driver Johnny Sauter earned the 2003 NASCAR Busch Series Owners Championship in 2003 in the No 21 PayDay Chevrolet. Harvick has three victories this season in Reese's-sponsored RCR Busch cars (two in the No. 21 Chevrolet he shares duties with Brandon Miller and one in the No. 29 Chevrolet).

"I think this is an excellent opportunity for two great companies like REESE'S and GM Goodwrench," said Harvick. "I think this relationship will lead to great success both on and off the track for everyone involved."

About General Motors Corporation

General Motors Corp. , the world's largest automaker, has been the global industry sales leader since 1931. Founded in 1908, GM today employs about 317,000 people around the world. It has manufacturing operations in 32 countries and its vehicles are sold in 200 countries. GM's global headquarters are at the GM Renaissance Center in Detroit. More information on GM can be found at http://www.gm.com/. Genuine GM Parts and accessories are sold under the GM, GM Goodwrench and ACDelco brands through GM Service and Parts Operations, which supplies GM dealerships and distributors worldwide. Goodwrench is the service brand for GM vehicles. With dealerships located nationwide, the GM Goodwrench network is one of the largest automotive service chains in the industry. For more information, visit the GM Goodwrench web site at http://www.gmgoodwrench.com/.

About The Hershey Company

The Hershey Company is a leading snack food company and the largest North American manufacturer of quality chocolate and non-chocolate confectionery products. With revenues of over $4 billion and more than 13,000 employees worldwide, The Hershey Company markets such well-known brands as Hershey's, Reese's, Hershey's Kisses, Kit Kat, Almond Joy, Mounds, Jolly Rancher, Twizzlers, Ice Breakers, and Mauna Loa, as well as innovative new products such as Take 5 and Hershey's Cookies. In addition to its traditional confectionery products, Hershey offers a range of products specifically developed to address the nutritional interests of today's health-conscious consumer. These products include sugar-free Hershey's, Reese's and York candies, as well as Hershey's SmartZone bars for people seeking balanced nutrition. It also markets Hershey's cocoa, Hershey's syrup and other branded baking ingredients, toppings and beverages. In addition, Artisan Confections Company, a wholly owned subsidiary of The Hershey Company, markets premium chocolate offerings, including Scharffen Berger, known for its high-cacao dark chocolate products, and Joseph Schmidt, recognized for its fine, handcrafted chocolate gifts. Visit us at http://www.hersheys.com/.

About Richard Childress Racing

Richard Childress Racing (http://www.rcrracing.com/) has earned more than 125 victories and nine NASCAR championships, including six in the NEXTEL Cup Series with the legendary Dale Earnhardt. It was the first organization to win championships in the NEXTEL Cup Series, Busch Series and Truck Series. Its 2005 NEXTEL Cup Series lineup includes Dave Blaney (No. 07 Jack Daniel's), Kevin Harvick (No. 29 GM Goodwrench), Jeff Burton (No. 31 Cingular Wireless) and Kerry Earnhardt (No. 33 Bass Pro Shops). Its Busch Series lineup includes Clint Bowyer (No. 2 ACDelco Chevrolet) along with Harvick and Brandon Miller (No. 21 Reese's Chevrolet).