Dodge announced Tuesday that it is withdrawing from the NASCAR competition following the 2012 season. Dodge was faced with a rebuilding phase beginning in 2013, after Penske Racing -- the lone NASCAR organization to field Dodges since 2009 -- chose to leave the manufacturer in favor of Ford Motor Company beginning next season. "We've spent an intense five months working to identify and evaluate all options for our future involvement in NASCAR," SRT Motorsports president Ralph Gilles said. "A number of opportunities emerged, and our team worked diligently to put a structure together to fit our overall business and competitive objectives. While we have been pleased and enthused with the amount of interest from teams and sponsors over that time, in the end, we simply couldn't develop the right structure." Read more: http://espn.go.com/racing/nascar/cup/story/_/id/8242554/dodge-nascar-sponsorship-2013