Alex Meshkin

11 Aug, 2008

NASCAR Telecast Minus Beer Ads?

Posted by: Alex Meshkin In: NASCAR

Has anyone noticed the decreased television advertising from Anheuser-Bush, Miller and Coors during NASCAR Sprint Cup race telecasts? Following the split of Dale Earnhardt Jr., Budweiser and Dale Earnhardt Inc.; Anheuser-Bush has apparently rapidly diminished their dominate presence over our weekly telecasts. In my opinion, this is the procuring cause to Miller and Coors’ also reducing their media placements during NASCAR broadcasts. While I don’t have the numbers to backup my observations, nonetheless, I think the anecdotal evidence is enough to question the “Dale Jr” effect on the return-on-investment (ROI) of the NASCAR television contract for Fox, NBC, TNT and ABC/ESPN.

So I question, is their enough of a demand to offset the loss of beer ads? If so, I certainly would be surprised if that demand will withstand the current economic pressure. But for sure, no one expected the self-interested actions of Teresa Earnhardt to have such a negative impact and affect so many other parts of the NASCAR food chain. It seems apparent that you can add the broadcasters to the list of people and companies that are keeping their distance from Teresa Earnhardt.

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About

Alex Meshkin is a serial entrepreneurial that is well documented in leading publications including CNBC, Fortune, Fox News, and many others. Alex Meshkin is widely known for his success as the Founder and CEO of Bang! Racing, a company formed through a strategic partnership with Toyota Racing Development. In 2004, Bang! Racing broke numerous motorsports records; and Alex Meshkin became the youngest team owner to win in NASCAR history, bringing Toyota its first two victories.