Is this Bud still for KB?

Will fans still get to see Big Red on the NHRA tour?
Budweiser and Kenny Bernstein Racing have been synonymous with NHRA Drag Racing for nearly 30 years. But now that lies in question following this week's announcement of Anheuser-Busch's $52 billion dollar sale to InBev SA.
Some believe that the Belgium-based company may trim several of A-B's sports sponsorships, including Bud King Racing.
There's nervousness out there, and it's palpable," said Eric Shepard, executive editor of the trade magazine, Beer Marketer's Insights.
The big question, by most, is not if InBev will trim it's marketing budget, but by how much.
But others say it's still too soon to tell.
InBev CEO Carlos Brito even praised A-B for its marketing expertises. But the question lies is he willing to back up that praise with his pocketbook.
"What we see in Anheuser-Busch is its marketing expertise, and that's one of the pillars of why they built such great brands," Brito said.
Time will eventually give us the answers. Let's hope it includes Big Red.



Leave a comment