GM Canada VP plans to save money by cutting NASCAR sponsorship. Feel free to read that line again...

In a story in today's Toronto Sun, GM Canada VP David Paterson says the company's plan to save money includes "cutting funding for community programs it supports and also plans on trimming wages paid to salaried workers."

The item quotes Paterson directly as saying, "Instead of being 'Generous Motors' and sponsoring everything left, right and centre, we'll have to do less things (such as) sponsoring motorsports like NASCAR."

Huh?! What?!

Does Paterson actually think GM HAS BEEN sponsoring NASCAR in Canada the past decade? Or CASCAR? Or anything related to Canadian motorsports? If so, this explains a lot.

By my math, if GM Canada totally slashes 100% of its NASCAR / motorsports budget in Canada, they will save exactly.... nothing. Zilch. Bupkiss. Nada. As the song goes, 'nothing from nothing leaves nothing'... and that's what they'll save.

I couldn't stop laughing/crying long enough to finish the reading the rest of the story, but I imagine some of Paterson's other cost-cutting measures to fix GM include things like ending funding for their invisible car program and their "cars for Martians" charity program.

GM has had nothing to do with Canadian racing for years... and their VP blames some of the red ink on their mythincal "generous" sponsorship of NASCAR? In our opinion, GM would easily have sold more cars to the 100s of thousands of Canadian racing fans if they hadn't ignored them for the past decade.

Wow.

p.s. - The story also noted that none of GM Canada's white collar staff would be affected. Shocker.