SportBusiness.com

MOVIDA SPONSORS NASCAR TEAM

The Cisneros Group agreed a deal for its Movida wireless communications service to sponsor Nascar's only minority-owned team.

Movida, along with Family Dollar, one of its distribution partners, will sponsor the FitzBradshaw Nascar team in the Nascar Busch East Series.

Nascar is the No. 2 rated regular season sport on US television behind the National Football League.