The Business of NASCAR
Say what you will, but this off-season is unlike most others. Normally the three days proceeding Turkey Day are a race fans No MansLand and devoid of much news- not this year - it’s all business.
No. 2 Pencils and Clock Batteries What’s Next for GM, Hendrick Motorsports?
Rick Hendrick, the new Ganassi/DEI alliance (assuming they go the Chevy route), RCR and any other NASCAR teams dependent on General Motors support better watch their bottomlines even more closely than previously.
Triple A Back as Sprint Cup Sponsor
Penske Racing today announced the establishment of a multi-year agreement for its NASCAR Sprint Cup Series program with the Automobile Club of Southern California (AAA) and its affiliated clubs.
NASCAR-Nomics: EBay Edition
They say there’s more than one way to skin a cat. Not that I would ever try, just saying is all.
Now there’s proof there’s more than one way to obtain NASCAR sponsorship. The EBay way.
In the past the auction site has put up for bid items such as an F/A 18 Hornet Fighter Jet, a [...]
NASCAR-Nomics: It’s Field Size Stupid
The genesis of this post was the rumor that NASCAR was considering cutting the field sizes for its top three series’.
I was further spurred on by the Orlando Sentinel’s Tania Ganguli. She cited an SI story where Chip Ganassi thinks “by 2010 eight cars will leave NASCAR and not be replaced.” That story is dated [...]
NASCAR Type Facility Proposed for Ontario
“Location, location, location,” is the phrase used most often when pitching a real estate project.
As demonstrated by the map at left Fort Erie, Ontario would be an ideal spot if the objective is to pull in racing fans from up state NY, New England and the upper mid-western states of America.
Race track proposals seem to [...]
NASCAR: Do We Really Need This?
Bill Wilson, CEO of Pitroadmotorsports.com, announced that its online store will be selling a new line of NASCAR merchandise - apparel geared towards the medical and healthcare industry - Scrubs, both tops and bottoms, available in all the popular NASCAR drivers logos.
The Scrubs from Landau are available in number of colors and design for both [...]
BAM Racing’s Flash in the Pan
Flash in the Pan: 1. A Project, person etc that enjoys only short lived success.
2. Something which disappoints by failing to deliver anything of value, despite a showy beginning.
The above phrase came to mind when first reading SI’s report of Barack Obama’s plans to sponsor the #49 at Pocono in August. My second was fat [...]
NASCAR Question of the Day - Driver Merry-Go-Round Edition
So, today’s the day.
Supposedly Tony Stewart will make it official in a ChicagoLand presser of his future plans after negotiating his contract release for Joe Gibbs Racing.
It’s expected Tony will announce the purchase of at least a 50% stake in Haas Racing, that he will pilot one of the cars, and fellow Indiana native Ryan [...]
Formula One Shakin’ Their Money Maker!
Formula One Grands Prix generate more revenue per event than any sport in the world?
That’s the claim made by Formula Money and Deloitte Sport Business Group. (The who group?)
Reportedly F1 generates more revenue per event than any other sport in the world. Each of the motor sport’s 17 races produce an average revenue of $229 [...]
NASCAR Xenophobes, Rev-up your Hate!
For the most part those that have a decided dislike - bordering on dementia - for Toyota playing within NASCAR multi-billion dollar playground have lowered their voices and haven’t appeared with the same regularity as they did during the 2007 season.
I’m thinkin’ if the current and latest mega-billion dollar business merger rumored to be in [...]
NASCAR Descrimination Lawsuit: The Addendum
I’ve already noted and commented on my first impressions of the current lawsuit filed on behalf of an allegedly “wrongfully terminated” NASCAR official.
Let me preface this by saying I have little doubt within NASCAR there are a few knuckle-dragging Neanderthals inhabiting the place that could stoop as low as the lawsuit claims. Anything is possible, [...]
King Richard Petty Reduced to Figurehead
Within the next few hours Petty Enterprises will announce that Boston Ventures, a private equity firm, has acquired controlling interest in the 60-year-old racing operation which has produced 10 NASCAR champions but struggled to remain competitive the last two decades.
NASCAR’s all-time winningest driver and racing patriarch Richard Petty will remain involved at a high level, [...]
J. Villeneuve Same Song, Same Tune
Jacques Villeneuve is determined that his future remains in NASCAR, despite losing his ride this season, and is pushing for a full-time drive in the Sprint Cup next year.
The 1997 world champion, who will race for the second time at Le Mans with Peugeot next weekend, is working to raise the necessary budget for 2009.
Haven’t [...]
A Gov. Dips His Finger in NASCAR’s Pie
Just what NASCAR needs - as if there’s not enough politics involved with the sport - Gov. Steve Beshear says he’s still hoping the state lands a Sprint Cup race at Kentucky Speedway in time for next year, despite NASCAR’s indications to the contrary.
Beshear returned this evening (Sunday night) from a meeting in North Carolina [...]
So, Jerry Carroll is “Livid” Huh!
NASCAR’s decision Friday to not have a Sprint Cup race at Kentucky Speedway in 2009, despite a change in ownership to Bruton Smith, has left the track’s founder livid.
“This is what bullies do and it’s been going on too long,” Carroll said. “They’ve showed their hand again. If they want to break us and want [...]
Microsoft Kicks BAM Racing to the Curb?
From the Microsoft Press release:
Today, we are announcing an expansion of the Microsoft Small Business sponsorship in NASCAR with Michael Waltrip Racing, continuing on our commitment to connect the Microsoft Small Business Specialist Community (SBSC) with the more than 21 million small and home-based businesses in the U.S.. This new sponsorship with Michael Waltrip [...]
NASCAR Nation’s Head in the Clouds?
Listen up Bucko, tired of all the hype surrounding NASCAR?
Tired of a winning driver’s interview going something like this: “I’d like to thank Guido’s Leg Breaking Service without whom I’d never make it out of the track alive and Luciano Loansharks and the Ernest Gallo Winery who provides the “fuel” for this entire winning race [...]
Decisions, Dotted Lines and “Can We all Just Fagetaboutit!”
Well the expected happened, at least expected from this corner of the blogoracingsphere, Carl Edwards has signed what he calls a multi-year contact with Roush-Fenway Racing.
Jack in the Hat’s other unsigned driver Greg Biffle says he’s happy, wants to win and what the hell there’s no greener grass to be found and expects to resign [...]
Teaching an Old NASCAR Dog New Tricks
Hmmm… sumptin tells me NASCAR Suits went to school over their recent flubberroo when the TV network missed the green flag and first half lap of an event because of a very late running, rain delayed edition of “America’s Pastime.”
The Suits have sent out a press release announcing a revised TV schedule because of conflicts [...]
