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By Associated Press

JOLIET, Ill. - NASCAR's BAM Racing team has presented Barack Obama's presidential campaign with a potential sponsorship deal in the Sprint Cup series, but an Obama car won't be burning rubber on the track.

BAM team spokesman Rhett Vandiver told the Associated Press yesterday that the team has made a sponsorship proposal to the Democratic presidential hopeful's campaign, and has made similar proposals to the campaign of Republican John McCain and at least one third-party candidate.

Late last night, the Obama campaign said there would be no sponsorship.

Team loses on bid for a presidential race....

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