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Infineon dropping naming-rights deal with Sonoma: Infineon Technologies will not renew its naming rights deal with Infineon Raceway when its deal with Speedway Motorsports Inc. expires in May. SMI indicated in a news release that it is not counting on revenues for 2012 for naming rights for the Sonoma, Calif. track, which hosts a NASCAR Sprint Cup race on its road course in June. The original agreement, signed in June 2002, was reportedly a 10-year, $34.4 million deal. The track was renamed from Sears Point Raceway to Infineon Raceway. Infineon Raceway VP/Marketing & Communications John Cardinale told the SportsBusiness Journal that the speedway is looking for a new naming-rights partner. “There are three or four companies we’re talking to. I wouldn’t say they’re ready to sign, but they’re certainly interested,” he said.(Scene Daily)(3-7-2012)