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The NASCAR Nextel Cup Series is one of the biggest events on America's sporting calendar and the most important of NASCAR's racing series. The top NASCAR series used to be called the Grand National and then later became the Winston Cup Series. Nextel took over as the main sponsor of the NASCAR Cup series back in 2004. After doing so, Nextel modified the Cup Series to make it more competitive and give new NASCAR drivers a better chance. The NASCAR Nextel Cup playoff system pits top driving teams against each other whilst singling out the best drivers in the Chase for the Championship after the twenty sixth race. As with other NASCAR races, drivers in the NASCAR Nextel Cup Series can gain points for final position and for laps led. Drivers win an extra five points for each whole lap in which they lead the race.

A separate Chase for the Championship is operated by the Nextel Cup Owner's Championship and the Nextel Cup Driver's Championship. Over the course of a cup series it is quite common for driver's points to differ from owner's points. It is rare for drivers and owners to be the same people in the NASCAR Nextel Cup Series. This fact is due to the structure of the modern NASCAR Nextel Cup Series races tending to favour racing teams that own multiple cars.

The youngest person to win the NASCAR Cup Series is Bill Rexford, back in 1950 when the Cup Series was born. Richard Petty, son of previous NASCAR Cup Series champion Lee Petty, who won twenty seven races back in 1967, is the most successful driver ever in the NASCAR Cup Series. The NASCAR Cup Series was born to promote the sport of racing which started out with little reward on dirt tracks. The first driver in a NASCAR Cup Series to collect winnings in excess of $100,000 was Richard Petty.

Winning the NASCAR Nextel Cup Series depends not only on the skills of the drivers but also on designers who work year round on improving cars for participation in the series, and on the dedicated crews who support cars as they race for the cup. These days, NASCAR crew chiefs use computer simulations, to help them judge how cars are likely to perform in the series. Most agree that the most important thing is a strong, durable engine, which can make all the difference when it comes to winning the NASCAR cup.

Corporate interest in the telecommunications company was revived by Nextel's sponsorship of the NASCAR Cup Series. The Sprint corporation recently purchased Nextel, creating Sprint Nextel. It's expected that next year's premiere racing competition will have it's name changed from the NASCAR Nextel Cup Series to the NASCAR Sprint Cup Series. NASCAR is continually evolving and reinventing itself to appeal to provide increased value to it's sponsors, to provide more safety to the drivers and to appeal to the masses.

Sources:-

http://en.wikipedia.org/wiki/Sprint_Nextel_Corporation

http://en.wikipedia.org/wiki/Sprint_Nextel_Corporation

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