Acorns “pausing” Roush Fenway Racing sponsorship

First reported by the Sports Business Journal’s Adam Stern, Acorns will not be returning as a Roush Fenway Racing (RFR) sponsor in 2020.

The company served as the primary sponsor on Ryan Newman’s No. 6 Ford Mustang in six races in 2019.

.@Acorns is pausing its sponsorship of @RoushFenway this year amid broader company fundraising efforts, per source, so @Castrol's presence will help fill that void.

➖ Acorns had six primaries last year, so Castrol likely won't exceed that amount. pic.twitter.com/Beooirikr1

— Adam Stern (@A_S12) January 22, 2020

Launched in 2012 and based in Irvine, California, Acorns is a financial services company specializing in micro and robo-investing.

Announced on Wednesday, RFR has taken steps toward filling this void by agreeing to a new sponsorship deal with Castrol.

‼️ Word is out! ‼️@Castrol comes on board @roushfenway as official oil partner, will serve as primary for @RyanJNewman in select events.#NASCAR // @FordPerformance pic.twitter.com/w0Ri4qf34i

— No. 6 Team (@Roush6Team) January 22, 2020

Newman’s 2020 Castrol Ford Mustang.

His first season with RFR following a five-year stint with Richard Childress Racing (RCR), Newman totaled three top-five and 14 top-ten finishes in 2019.

Newman has 18 wins to his credit over 656 career Cup Series races; the most recent came in the Camping World 500 at then-Phoenix International Raceway on March 19, 2017.