Another longtime sponsor could be leaving NASCAR. Denny Hamlin posted a thank you message to FedEx on social media before Sunday’s Cup Series season finale at Phoenix. Per the Sports Business Journal,

Joseph Wolkin is a reporter who covers Nascar, Formula 1 and IndyCar. Denny Hamlin revealed on Sunday that FedEx will no longer sponsor his No. 11 Toyota Camry for Joe Gibbs Racing. Hamlin has been sponsored by FedEx since he made his Nascar Cup Series ...

Denny Hamlin, who along with Michael Jordan co-owns 23XI Racing, for the first time did not guarantee their team will field cars at the start of next season

This comes with a significant loss of revenue, and none of their cars will be locked into any race. It's a cloud over championship weekend where 23XI Racing is making its Championship 4 debut with Tyler Reddick.

Denny Hamlin's season may have come to an end following his playoff exit after Martinsville, but he still weighed in on 23XI driver Tyler Reddick

Denny Hamlin, along with Michael Jordan the co-owner of 23XI Racing, for the first time is not guaranteeing their team will field cars at the start of the next season. His indecision at Phoenix Raceway came a day after a federal judge denied a temporary injunction that would have recognized 23XI and Front Row Motorsports as chartered teams as they continue their antitrust lawsuit against NASCAR and chairman Jim France.