GM's bankruptcy: Chopping up NASCAR

   By Mike Mulhern
   mikemulhern.net

   Some of NASCAR's biggest stars will have to do more with less, now that General Motors has been chopped in half, with a 'good' GM and a 'bad' GM.
   GM's bankruptcy court is allowing GM executives to cancel a number of sponsorships:
   -- with Ryan Newman, Jeff Burton, Rusty Wallace, Clint Bowyer, California Speedway, Richmond International Raceway, Daytona International Speedway, Dover International Speedway, Bristol Motor Speedway, Charlotte's Lowe's Motor Speedway, and Charlotte's May 600 Festival.
   All those contracts, and more, including apparently show-car sponsorships, are likely to be folded into the 'bad' GM.
   Earlier GM announced it was dropping Truck and Nationwide sponsorships and would no longer back the Nationwide teams of Dale Earnhardt Jr. and Kevin Harvick.