FedEx’s tweet Sunday afternoon appears to confirm the speculation that they will not return next season.

Sunday afternoon, Denny Hamlin posted a thank you message to long-time sponsor FedEx on his social media.

FedEx has been gradually reducing it’s sponsorship over the last four years and is not expected to return next year.

FedEx has been reshuffling its sports marketing portfolio in recent years amid a broader cost-cutting drive.

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