Hendrick Responds To GM Announcement

Rick Hendrick, owner of Hendrick Motorsports and chairman of Hendrick Automotive Group, today responded to the announcement by General Motors that it will file for Chapter 11 bankruptcy protection:

"The products General Motors offers are the highest quality and most fuel efficient in its history, and I have an unwavering faith in the company's leadership team and our government's commitment to support this reorganization. After all of the efforts of the past several months, it's unfortunate that bankruptcy has become the only option, but we at Hendrick Automotive Group and Hendrick Motorsports are certain that GM will emerge from this stronger and better equipped to compete than ever before.

"Hendrick Automotive Group can say with confidence that the customers of our 27 General Motors franchises can expect the same high level of care and service that our dealerships have always provided, and that the full range of warranties and parts will be available.

"From a racing perspective, our heritage is with General Motors. In 25 years together, Hendrick Motorsports has won eight Sprint Cup Series titles with Chevrolet, which has more NASCAR championships and wins than any other auto manufacturer. Since I was a kid, Chevy has represented the highest level of performance. I've never wanted to race anything else, and I have every confidence that we will continue to celebrate victories together for many more seasons to come.

"Speaking for the more than 6,000 teammates at Hendrick Automotive Group and Hendrick Motorsports, it has been a great privilege to be a small part of GM's rich history, and we are looking forward to an even brighter future together."

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