DeWalt Power Tools will not sponsor driver Matt Kenseth in 2010. DeWalt has been Kenseth’s sponsor since he won Rookie of the Year in 2000. Kenseth won the Sprint Cup title in 2003. Roush Fenway said the news did not come as a surprise because of the worldwide decline in the construction industry. Said Roush Fenway president Geoff Smith, "Fortunately, we have several great companies interested in taking over and we expect to begin finalizing those sponsorship arrangements in the very new future.”

Roush Fenway Racing says DeWalt told the team Thursday it will not return in 2010.

This season has been bittersweet for Kenseth. He won the Daytona 500 in February, but currently sits on the bubble in 12th place in the Chase standings. He and his wife Katie welcomed the birth of their first daughter Kaylin Nicole on July 6.

DeWalt leaving Roush Fenway at end of season (AP)

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