Updated

Budweiser is removing its name from NASCAR's Shootout exhibition race at Daytona International Speedway beginning next February and instead will be the title sponsor for the 150-mile Duel qualifying races held before the Daytona 500.

Daytona president Joie Chitwood made the announcement at the track Friday morning.

The beer brand will become title sponsor of Daytona Speedweeks and the Daytona 500 pre-race show. It also sponsors the No. 29 car driven by Kevin Harvick.

Chitwood says the track is shopping for a new title sponsor for the Shootout.

Next season's Shootout field will feature mostly pole position winners from this season. The pole position is sponsored by a rival brewer, Coors Light.