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Chili's® Grill & Bar and Spire Motorsports Bring Iconic Throwback to Alumni Weekend

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Chili's (NASDAQ:EAT) and Spire Motorsports unveiled the Chili's Marg Machine, a No. 77 Chevrolet Camaro ZL1 for driver Carson Hocevar that recreates Dale Earnhardt's 1981 blue-and-yellow paint scheme for Alumni Weekend at Darlington Raceway.

The activation includes a themed firesuit, on-track appearances March 20–22, a meet-and-greet at Florence Chili's on March 21, a merch drop at Fan Zone locations, and the race broadcast Sunday, March 22 at 3 p.m. ET on FS1. According to the company, Chili's sold nearly 30 million margaritas in 2025.

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Positive

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Negative

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News Market Reaction – EAT

+0.04%
+0.04% Session close to close

In the Mar 16 session, EAT gained 0.04%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights Chili’s continued use of experiential marketing, pairing its margarita ...
Analysis

This announcement highlights Chili’s continued use of experiential marketing, pairing its margarita franchise with NASCAR via the Alumni Weekend “Marg Machine” throwback scheme. It builds on prior campaigns that emphasized nearly 30 million margaritas sold in 2025 and an extended Spire Motorsports partnership. In context of strong recent fundamentals and active branding, investors may watch for data on traffic, same-store sales, and guest engagement to gauge whether such promotions translate into sustained revenue and earnings growth.

Key Figures

Current price: $144.02 Price change: 0.79% 52-week high: $187.123 +5 more
8 metrics
Current price $144.02 EAT share price before this news
Price change 0.79% Move in prior 24 hours before article
52-week high $187.123 52-week range high for EAT
52-week low $100.30 52-week range low for EAT
Market cap $6,272,118,239 Market capitalization before this news
Margaritas sold 30 million Chili’s margaritas sold in 2025 mentioned in article
Race distance 400 miles Darlington race distance on March 22
Years since founding 51 years Age of Chili’s culture referenced in article

Historical Context

5 past events · Latest: Mar 02 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Mar 02 Leadership promotion Positive -1.0% EVP and CMO promotion expanding oversight across Chili’s and Maggiano’s.
Feb 24 Sports sponsorship Positive +0.3% Extended multi-year Spire Motorsports deal and NASCAR campaign promotion.
Feb 11 Marketing program launch Positive +2.0% Launch of Margarita of the Month Club leveraging strong 2025 margarita sales.
Jan 28 Earnings and guidance Positive -0.4% Q2 FY26 beat with raised revenue and EPS guidance and buybacks.
Jan 14 Earnings call notice Neutral +0.7% Announcement of timing and access details for Q2 FY26 earnings call.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent marketing and branding news for EAT often coincided with modest, mixed price reactions, with some strong fundamental updates seeing short-term selloffs despite positive tone.

Recent Company History

Over the last few months, Brinker International (EAT) has blended strong fundamentals with brand-focused marketing. On Jan 28, it reported Q2 FY26 revenues of $1,452.2M, net income of $128.5M and EPS of $2.86, plus higher full-year guidance, yet shares dipped slightly. Subsequent news highlighted Chili’s margarita fandom and NASCAR partnerships, including nearly 30M margaritas sold in 2025 and a multi-year Spire Motorsports sponsorship, generally aligning with small positive moves. Today’s Alumni Weekend “Marg Machine” announcement continues that marketing-led narrative tied to Chili’s brand equity.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Carson Hocevar will commemorate Dale Earnhardt's 1981 paint scheme at Darlington Raceway with the introduction of the Chili's Marg Machine

DALLAS, March 16, 2026 /PRNewswire/ -- Chili's® Grill & Bar and Spire Motorsports are building on the Ride the 'Dente…Again'te campaign, turning back the clock for Alumni Weekend at Darlington Raceway by introducing the Chili's Marg Machine, a No. 77 Chevrolet Camaro ZL1 design for driver Carson Hocevar that will transport race fans back more than four decades.

"Last year, we noticed the chatter comparing Carson's driving style to a young Dale Earnhardt, and it's only grown louder as big names in the sport make the comparison," said Chili's Director of Media Tim Forman. "Given the discussion, we wanted to honor Dale's legacy, using his 1981 paint scheme as the inspiration for what we're calling the Marg Machine. Spire and Carson were all in, and we hope fans enjoy seeing the iconic blue and yellow on track again."

Chili's and Spire leaned into the design's blue and yellow base, number font, and the iconic chevron linework across the hood that differentiated it from Earnhardt's others. On the hood is the classic Chili's heritage logo, seen in restaurants across the country for decades, but this time in blue. On the back, instead of the block-lettered "Jeans Machine", fans and trailing drivers will see "Marg Machine", a nod to the original design while staying true to Chili's, the brand that sells more margaritas than any restaurant brand in the U.S., nearly 30 million in 2025 alone.

With the firesuit, Chili's is building on the western theme of its Ride the 'Dente® campaign, going full Earnhardt in a uniquely Chili's way, reimagining the blue jean and suede vest set he wore in promotional images in 1981. The new firesuit features a wide collar, open vest design, a now-iconic Texas-sized belt buckle detail, and the "Ride the 'Dente" logo across the back.

"Chili's always knocks it out of the park with their suit and car designs, and the Marg Machine is no different," said Hocevar. "Everyone at Chili's and Spire put in a lot of work to get the car as close to the original as possible, and they did a great job. We've had bold suits in the past, but this might be one of my favorites. It's truly a privilege to honor Dale's legacy on Alumni Weekend down in Darlington, and hopefully we can give him and all the folks from Chili's a great run on Sunday."

A legacy brand of its own, the founders of Chili's built a culture 51 years ago where Chiliheads learn to take the food seriously but not themselves. Fans who look closely at the chevron linework on the hood will see the names of both those founders known as the Hamburger Hippies and the members of the Chili's Hall of Fame, a special shoutout to those responsible for shaping what's become a restaurant favorite around the world.

Race fans in the Darlington area have a chance to see Hocevar and the No. 77 Chili's Marg Machine Chevy on track throughout the Darlington race weekend, culminating Sunday, March 22 at 3 p.m. ET on FS1 for 400 miles. Fans at the track can wear their fandom with a fresh merch drop featuring the throwback design, available at Fan Zone merch locations. Before that, they can get up close to both car and driver with a meet and greet at the Florence Chili's (3015 W Radio Dr, Florence, SC 29501), Saturday, March 21, from 11 a.m. – 12 p.m. local time. For Chili's guests who aren't in Darlington, the opportunity to Ride the 'Dente always exists on the menu at their local Chili's in the form of a Presidente Margarita®. Must be 21+ to consume alcohol.

About Chili's® Grill & Bar
Hi, welcome to Chili's! A proud leader in the casual dining industry and the flagship brand of Dallas-based Brinker International, Inc. (NYSE: EAT), Chili's was named Ad Age's 2025 Brand of the Year. Founded in 1975, Chili's is known for serving Big Mouth Burgers®, Crispy Chicken Crispers®, and sizzling fajitas, while hand-shaking more margaritas than any other restaurant brand in the United States. Chili's operates 1,600 restaurants in 31 countries and two territories with over 70,000 team members. With a purpose to make everyone feel special, Chiliheads take food, drink and service seriously – but not themselves. Chili's was a proud winner at the 2025 MenuMasters Awards for Best New Menu Item for Nashville Hot Mozz, the breakout addition to the social media-famous Triple Dipper. For more than 20 years, Chili's has been a proud supporter of St. Jude Children's Research Hospital and has raised more than $120 million for the organization through generous guest and team member donations. Find more information at chilis.com, follow on X or Instagram, like on Facebook, or join Chili's on TikTok.  

About Spire Motorsports
Spire Motorsports fields full-time entries in the NASCAR Cup Series, NASCAR CRAFTSMAN Truck Series and Interstate Batteries High Limit Racing. 

The team, co-owned by longtime NASCAR industry executive Jeff Dickerson and TWG Motorsports CEO Dan Towriss, earned its inaugural NASCAR Cup Series victory in its first full season of competition when Justin Haley took the checkered flag in the Coke Zero Sugar 400 at Daytona (Fla.) International Speedway on July 7, 2019. Less than three years later, William Byron drove Spire Motorsports' No. 7 Chevrolet Silverado to its inaugural NASCAR CRAFTSMAN Truck Series win on April 7, 2022, at Martinsville (Va.) Speedway. The team's most recent win came on Feb. 21, 2026, when Kyle Busch took the checkered flag in the FR8 Racing 208 at Atlanta Motor Speedway. 

In 2026, Spire Motorsports will campaign the Nos. 7, 71 and 77 Chevrolet Camaro ZL1s in the NASCAR Cup Series and the Nos. 7 and 77 Chevrolet Silverado RSTs in the NASCAR CRAFTSMAN Truck Series. The Mooresville, N.C., organization will also field the No. 77 410 sprint car in Interstate Batteries High Limit Racing competition.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/chilis-grill--bar-and-spire-motorsports-bring-iconic-throwback-to-alumni-weekend-302714940.html

SOURCE Chili's Grill & Bar

FAQ

What is the Chili's Marg Machine announced by Chili's (EAT) for Darlington Alumni Weekend?

The Marg Machine is a No. 77 Chevrolet Camaro ZL1 featuring a throwback 1981 blue-and-yellow design. According to the company, it honors Dale Earnhardt's 1981 paint scheme and includes a matching themed firesuit and branded hood artwork.

When and where can fans see the No. 77 Chili's Marg Machine on track at Darlington?

Fans can see the car throughout Darlington race weekend, culminating in the 400-mile race on Sunday, March 22 at 3 p.m. ET on FS1. According to the company, on-track appearances span March 20–22 during Alumni Weekend.

Where and when is the meet-and-greet with Carson Hocevar for the Chili's Marg Machine?

Carson Hocevar will appear at a meet-and-greet at the Florence Chili's (3015 W Radio Dr, Florence, SC) on Saturday, March 21 from 11 a.m. to 12 p.m. local time. According to the company, fans can meet driver and view the car.

Will there be merchandise tied to the Chili's Marg Machine design at Darlington?

Yes, a merch drop featuring the throwback design will be available at Fan Zone merch locations during the event. According to the company, attendees can purchase themed apparel and collectibles reflecting the Marg Machine livery.

What brand detail did Chili's highlight about its business in the Marg Machine announcement?

Chili's highlighted that it sold nearly 30 million margaritas in 2025, using that scale to support the themed 'Marg Machine' activation. According to the company, the promotion ties the menu item into the racing campaign.