Aaron's, which has been a Michael Waltrip Racing sponsor for 15 years, confirmed to Sports Business Daily that it would not sponsor a NASCAR team in 2016.
MWR had previously announced it would not field a NASCAR Sprint Cup Series team next year. It currently runs the No. 15 Toyota for Clint Bowyer and No. 55 Toyota for David Ragan.
"We have decided to take some time off from a team sponsorship for the 2016 season," the company wrote in a statement. "The NASCAR fan base is an important audience for us and we have built substantial equity over the past 15 years. We are exploring creative ways to continue to participate in the sport in 2016 including media, brand relationships and track activation."