NASCAR and Ethanol Partnership Excites Ethanol Stakeholders

6 years 3 months 2 weeks ago December 03, 2010 Dec 3, 2010 Friday, December 03 2010 Friday, December 03, 2010 6:53:01 PM CST in News
MACON - NASCAR announced Thursday a new partnership with ethanol.  By 2011, NASCAR will use fuel with 15 percent ethanol in its race cars.  Steve Burnett, general manager at Poet Biorefining in Macon, said the new partnership creates a win-win for ethanol plants and farmers.  He said NASCAR'S large fan base might also want to start using fuel with a larger percentage of ethanol after they see their favorite drivers using it.

Burnett said 100 percent of the corn the Macon Poet plant uses comes from Missouri, and some of it comes from farms within five miles of the plant.

"All six plants in this state are using corn grown in Missouri, produced from Missouri corn farmers, in plants that are owned, the majority owned by the farmers in the state," Burnett said.

Local farmers are also excited about the announcement because it could lead to the need for more corn. 

"Obviously the ethanol business has a lot to do with my corn business, so if the ethanol business does good, my corn business will do good," Dale Samp, a Missouri corn farmer, said.

Burnett said NASCAR drivers should also benefit from the deal.

"They use high compression engines so they'll be able to get more power from their engines.  The cars should run better on ethanol," Burnett said.




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