Illinois ? NASCAR’s BAM Racing team has presented Barack Obama’s presidential campaign with a potential sponsorship deal in the Sprint Cup series later this year, but it doesn’t look like an Obama car will be burning rubber on the track anytime soon.

BAM team spokesman Rhett Vandiver told The Associated Press on Friday that the team made a sponsorship proposal to the Democratic presidential hopeful’s campaign, and has made similar proposals to the campaign of Republican John McCain and at least one third-party candidate.

Late Friday, the Obama campaign said there would be no sponsorship.

“The Obama campaign will not be sponsoring a car in the Sprint Cup series, though we will continue to look for ways to reach out to voters and convey Senator Obama’s message of change.” said Bill Burton, an Obama campaign spokesman.