Every year, fans of NASCAR gather in Avondale, Arizona at the Phoenix International Raceway to attend the Kobalt Tools 500. This NASCAR Sprint Cup stock car race is one of the 36 races held each year that help determine who will win the coveted NASCAR Sprint Cup. The race, although it operates under the Kobalt Tools name is actually sponsored by Lowe’s, who gave the naming sponsorship to their Kobalt Tools brand for promotional purposes. During its history, which began in 1988 when Alan Kulwicki won the inaugural event.
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