5-Hour Energy, a co-primary sponsor for defending Monster Energy NASCAR Cup Series Champion, Martin Truex Jr, has announced it will not return to the team or to any NASCAR team after the 2018 season.
5-Hour Energy has been with the Furniture Row Racing Team since 2017, first coming aboard as the primary sponsor of the No. 77 Toyota driven by Erik Jones and as a co-sponsor for Truex in the No. 78.
Upon Jones’ departure to Joe Gibb Racing, 5-Hour Energy then became the co-primary sponsor for Truex. 5-Hour Energy was or will be displayed on the No. 78 at some level for 30 of the 36 races this season.
5-Hour Energy has been involved in the Monster Energy NASCAR Cup Series for the last seven years.
“I want to first send a sincere thank you to everyone at 5-hour ENERGY for being an excellent and loyal partner,” said Joe Garone, President of Furniture Row Racing. “The way 5-hour ENERGY has activated its programs over the years demonstrated a commitment and creativity as a NASCAR race team sponsor. We understand that companies do change business strategies, but friendships last forever and that’s how we feel about 5-hour ENERGY.”
5-Hour Energy’s departure from the sport comes just months after the announcement that Lowes, one of the longest sponsor relationships in NASCAR, would no longer sponsor seven-time Cup Series champion, Jimmie Johnson.
The departure of two major sponsors leave to of the sport’s biggest teams searching for funding for the 2019 season.