Dodge to withdraw from NASCAR racing in 2013

Dodge will withdraw from NASCAR competition at the conclusion of the 2012 season - this after its partner Penske Racing announced earlier this year that it had decided to switch to Ford Motor Company in 2013.

Chrysler's Ralph Gilles said the company "couldn't make the pieces of the puzzle fit together" in trying to find a new racing team that would maintain the level of competition Dodge wanted to maintain.

He didn't rule out re-entering NASCAR competition at a later time.