- 18 - Robbie Buhl drove car No. 3, “Johns Manville/Menard/Special”. During both IRL seasons, the race cars, driver uniforms, and Indy promotional materials exhibited Menards’s logo, among the logos of several sponsors. 2. The Sponsors In addition to Menards’s involvement with TMI,15 several other companies sponsored TMI’s race cars during the 1997 and 1998 IRL seasons. Some of TMI’s written sponsorship agreements were part of larger business arrangements that Menards had with its suppliers. According to TMI’s sponsorship income reports, TMI received sponsorship fees from eight sponsors during both the 199716 and 199817 IRL seasons. Besides the sponsors listed on the 15This reference with respect to Menards does not establish that a legal sponsorship agreement existed between Menards and TMI. 16For the 1997 IRL season, TMI’s sponsorship income report listed Campbell Hausfeld, First Brands, Gilmore Enterprises, Greentree, Quaker State, Ruan, Ryobi, and Stanley Tools as sponsors. Except for Gilmore Enterprises, Menards had business relationships with all of these companies. Respectively, the 1997 listed sponsors paid sponsorship fees of $500,000; $250,000; $100,000; $500,000; $1,480,730; $11,060.49; $375,000; and $500,000. Glidden was also a sponsor for the 1997 IRL season but did not pay its $1,800,000 sponsorship fee until February 1998. TMI’s sponsorship income report for the 1997 IRL season does not list Menards as a sponsor. 17For the 1998 IRL season, TMI’s sponsorship income report listed Campbell Group (Campbell Hausfeld), First Brands, Glidden, Greentree, Moen, Quaker State, Ryobi, and Stanley Tools as sponsors. Respectively, the 1998 listed sponsors paid sponsorship fees of $500,000; $250,000; $2 million; $250,000; $500,000; $1 million; $125,000; and $650,000. TMI’s sponsorship (continued...)Page: Previous 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 Next
Last modified: May 25, 2011