The popular brands of FRAM and Prestone are pulling out of drag racing at the end of the season.

Team owner Don Schumacher confirmed this with CompetitionPlus.com on Friday during the NHRA Thunder Valley Nationals in Bristol, Tenn. The team was notified by Schumacher of Honeywell Brands’ decision and expressed his intention to keep the team intact regardless.

“They notified us this last week the new owner has decided to leave motorsports one hundred percent at the end of this year,” Schumacher said. “I am now moving in a different direction.”

The popular brands of FRAM and Prestone are pulling out of drag racing at the end of the season.

Team owner Don Schumacher confirmed this with CompetitionPlus.com on Friday during the NHRA Thunder Valley Nationals in Bristol, Tenn. The team was notified by Schumacher of Honeywell Brands’ decision and expressed his intention to keep the team intact regardless.

“They notified us this last week the new owner has decided to leave motorsports one hundred percent at the end of this year,” Schumacher said. “I am now moving in a different direction.”

Schumacher said the notification has enabled him to begin looking for a new sponsor to go on the side of the world’s quickest and fastest dragster piloted by Spencer Massey.

“We are aggressively searching right now,” said Schumacher. “We hope to have one for 2013.”

Schumacher said his contract was through 2012 with an option to renew for an additional season in 2013.

“The just chose not to pick up the option,” Schumacher said. “They have just decided to leave this market. That’s all I know.”

Honeywell sold its automotive consumer products group to the Rank Group in January 2011, a New Zealand private investment firm, in a cash deal valued at $950 million.

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