Busch, Gibbs address sponsorship change

Autoracing Betting Lines

11/11/2011 - Avondale, AZ (Sportsbook Betting Lines) - NASCAR driver Kyle Busch continued to be apologetic for intentionally wrecking Ron Hornaday Jr. in last week's Camping World Truck Series race at Texas Motor Speedway.

Since NASCAR suspended him from last weekend's Nationwide and Sprint Cup Series races at Texas, Busch spoke with reporters for the first time on Friday at Phoenix International Raceway. The sanctioning body took further action on Monday by fining Busch $50,000 and placing him on probation for the remainder of the year.

Mars Inc. and its M&M's brand, which serves as the primary sponsor of Busch's No.18 Joe Gibbs Racing Toyota team, announced this week that it would not sponsor Busch's efforts in Sunday's Sprint Cup race at Phoenix as well as the November 20 season-finale at Homestead, FL.

"As a proud member of the racing community, Mars and the M&M's brand strongly support the partnership we have with Joe Gibbs Racing and are committed to NASCAR. Yet, Kyle's recent actions are unacceptable and do not reflect the values of Mars," Debra A. Sandler, who is the chief consumer officer of Mars Chocolate North America, said in a statement released on Thursday. "While we do not condone Kyle's recent actions, we do believe that he has shown remorse and has expressed a desire to change. We believe our decision will have a positive impact on Kyle and will help him return next season ready to win."

JGR announced that its longtime sponsor, Interstate Batteries, will be featured on the No.18 car at Phoenix and Homestead. Mars will continue its sponsorship with Busch's team during the 2012 season.

After being parked at Texas, Busch dropped from seventh to 11th in the Chase for the Sprint Cup championship point standings. He has been mathematically eliminated from title contention, as he presently trails leader Carl Edwards by 100 points.

"Obviously, this has been quite a trying week for myself and my wife [Samantha] and everybody at M&M's, Joe Gibbs Racing, Kyle Busch Motorsports and Interstate Batteries, all of the above," Busch said. "I'm upmost apologetic to everybody that's been having to go through this situation, and there's no one to blame but myself."

Busch said he had a telephone conversation with Hornaday days after the truck race. He quipped that he "is still invited to [Hornaday's] house."

Team owner Joe Gibbs joined Busch during the press conference, which was held prior to the first Sprint Cup practice held on the newly repaved and reconfigured one-mile Phoenix track.

"Joe has been a huge supporter of mine through all of this, and I can't say enough about him, all the folks at JGR and all the guys on my M&M's team, and we're here to say that we want to learn from this and we'll move on," Busch added.

Gibbs noted that Busch is facing penalties from JGR, including a fine. He would not comment on the details of the forthcoming penalties. Busch will not be relieved from his driving duties with the team after this season concludes.

"Kyle's penalties are going to be substantial," Gibbs said. "We also have other actions that are going to be in place. There will be other financial penalties and stuff that we're working through, and we'll continue to do that as we go forward through this process."

Busch is not competing in Saturday's Nationwide race at Phoenix. Joey Logano was originally scheduled to drive JGR's No.18 car for that event. Busch will not run in the Nationwide season-ending race at Homestead as well.

There had been speculation that Z-Line Designs, the primary sponsor of Busch's Nationwide team, asked JGR to replace Busch with Denny Hamlin in the Homestead race.

"I take the responsibility for a lot of that, because we were kind of wanting to go for the next two races to let Kyle focus on Cup, and so a lot of that came from the race team," Gibbs said.

Justsoccerchance Autoracing Betting News


<< Federer gets 800th win; Djokovic, Murray exit Paris Masters
Paris, France (Sportsbook Betting Lines) - World No. 1 Novak Djokovic withdrew from his scheduled quarterfinal match because of a nagging right shoulder injury, while former top-ranked great Roger Federer captured his 800th match win and second-seeded

<< Kickoff changed for Bethune-Cookman, Savannah State
Daytona Beach, FL (Sportsbook Betting Lines) - The kickoff time for Saturday's football game between Savannah State and Bethune-Cookman has been pushed back by one hour to 4 p.m. ET. The Mid-Eastern Athletic Conference game will be played at Daytona B

<< Paterno never needed hindsight
Philadelphia, PA (Sportsbook Betting Lines) - "With the benefit of hindsight, I wish I had done more." - Joe Paterno Hindsight makes most things perfectly clear. Disgraced Penn State football coach Joe Paterno hardly needed it, however. By looking the

<< Flames send Hagman to minors
Calgary, AB (Sportsbook Betting Lines) - The Calgary Flames have assigned veteran left wing Niklas Hagman to their American Hockey League affiliate in Abbotsford. Hagman went unclaimed after being placed on waivers Thursday to make room on the 23

<< Rangers' Hamilton has sports hernia surgery
Arlington, TX (Sportsbook Betting Lines) - Texas Rangers outfielder Josh Hamilton had successful surgery to repair a sports hernia. The procedure was performed Friday morning in Philadelphia by Dr. William Meyers. Hamilton was clearly bot

Federer gets 800th win; Murray falls at Paris Masters >>
Paris, France (Sportsbook Betting Lines) - Former world No. 1 great Roger Federer captured his 800th match win, while second-seeded Andy Murray lost and reigning top-ranked star Novak Djokovic withdrew from his scheduled quarterfinal bout because of a

Giants RB Bradshaw to miss second straight game >>
East Rutherford, NJ (Sportsbook Betting Lines) - The New York Giants will be without running back Ahmad Bradshaw for a second consecutive week on Sunday against the San Francisco 49ers. Bradshaw hasn't been able to practice since suffering a

Steelers LB Woodley ruled out >>
Pittsburgh, PA (Sportsbook Betting Lines) - Pittsburgh Steelers linebacker LaMarr Woodley will miss Sunday's game against the Cincinnati Bengals due to a hamstring injury. Woodley, who also missed last Sunday's contest against the R

Eagles' Allen, Mathis ruled out >>
Philadelphia, PA (Sportsbook Betting Lines) - Philadelphia Eagles safety Nate Allen and offensive guard Evan Mathis have been ruled out for Sunday's game against the Arizona Cardinals. Allen suffered a concussion in a loss to the Bears this past

J P's Gusto retired to Florida >>
Ocala, FL (Sportsbook Betting Lines) - Multiple stakes winner J P's Gusto has been retired from racing and will enter stud service at Journeyman Stud beginning in 2012. Journeyman Stud is owned by Brent and Crystal Fernung. "J P's Gusto repre

Elite 8 NCAA Tournament Betting at online sportsbook MySportsbook.com

In what should be an outstanding Saturday of March Madness betting action, the top four teams in the South and West Regions square off in what should be extremely close match-ups. Three of the four teams are coming off extremely close games on Thursday evening, only UCLA won semi comfortably over Pitt 64-55.

Ohio State is coming off their second game in a row where in all reality they should have lost. Of course that doesn’t matter now since the name of the game is “survive and advance” but as the tournament continues, they can’t afford to keep getting down to their opponents early. Kansas also avoided a scare by holding off a scrappy Southern Illinois squad. In the third thrilling game of the evening Memphis pulled off the minor upset (+3.5) despite being the higher seed to Texas A&M.

Although the spreads are fairly small for Saturday’s games, MySportsbook.com continue to bet against the underdogs. Despite OSU’s two scares, 86% of the “betting public” feels the Buckeyes (-1.5) have what it takes to make the Final Four. In fact, so much of the early money is on OSU that the line has already moved from -1 to -1.5. In the second game of the doubleheader, Kansas and their high-powered offense are 2 point favorites as they take on UCLA and their effective defense. About 63% of the early money thus far is once again backing the favorites. If those percentages stay that high, don’t be surprised if this line moves as well. If you like Kansas (-2) you might want to jump on it early.

Memphis vs. Ohio State

Both squads were involved in thrillers on Thursday evening and should come out fired up. OSU can ill afford to get behind early like they did versus their previous two opponents (Xavier, Tennessee). Greg Oden needs to stay out of foul trouble; the Buckeyes are a completely different team when he is on the court. Memphis definitely has the athleticism and length to match-up with OSU. Of Memphis’ five leading minute earners, the shortest of the bunch is 6’5”. Each team has a very effective defense; Memphis surrenders 62.3 PPG whereas the Buckeyes give up only 61 PPG. With those type of numbers, it isn’t surprising that Memphis covered the UNDER almost 69% of the time this season. As a favorite, OSU has covered the UNDER almost 66% of the time over the last three seasons. The major concern for Memphis which is magnifies this time of the year is their brutal foul shooting (62%). This season, OSU is 17-11 ATS versus teams with a winning record and 7-2 ATS in all tournament games. Memphis has been an extremely reliable cover in tournament play in recent years with a 23-8 ATS record over the last three seasons.

UCLA vs. Kansas

In the second game of Saturday’s doubleheader, UCLA will play in a role which they are very unfamiliar with that of the underdog. Only twice this season have they been getting points from the handicappers and both times they covered. Over the last three seasons UCLA is a reliable 23-7 ATS in this unfamiliar role. UCLA has not fared well against Big 12 opponents recently going 1-7 ATS since 1997. Giving up only 59.6 PPG, UCLA will definitely look to do what they do best: keep this game as low scoring as possible. Their defense has been especially tough during the tournament. UCLA opponents have been able to muster up only 48.7 PPG while shooting a combined 34.5% from the field. UCLA definitely has a challenge at hand with a Kansas team that is capable of putting points on the board in bunches. As a team, they average 79 PPG and shoot an impressive 49.6% from the field and 39.4% from beyond the arc. During the tournament Kansas has been “lights out” from the field having shot 56.2%.

With Friday -105 juice on Basketball betting, MySportsbook.com is the place to bet on all of the “March Madness” action.  Don’t forget to monitor who the public is backing at MySportsbook.com’s “Betting Trends”.  By doing so, you have the best chance of predicting a possible line change, thus getting the best value for your wager.

To bet on March Madness games this online sportsbook accepts credit cards