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169Dodge pulling out of NASCAR *UPDATE

After 11 years of competing in NASCAR, Dodge is reportedly once again pulling out of the racing series. Penske Racing, the only team running under the Dodge banner in 2012, announced in March it was switching to Ford for the 2013 season. On Monday, Penske Racing said it would also switch from Dodge engines to Roush-Yates Ford engines for 2013.

17Dodge will remain in NASCAR under Cerberus

Not that there was a lot of speculation about Dodge possibly dropping out, but Dodge's senior manager for motorsports, Mike Deahanty, says the brands presence in NASCAR will remain under Chrysler's new ownership by Cerberus Capital Management. Petty Enterprises and Evernham Motorsports have both renewed their contracts with Dodge.

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