Alex Meshkin

RE: NASCAR Says: Sport looks strong heading into 2009

Quoting the former Presidential Candidate and Senator Hillary Clinton, NASCAR statements on Friday truly requires a “willing suspension of disbelief” if they want us to think the “sport looks strong heading into 2009.”

Nothing could be further from the truth and it pains me to see the sport I love destroyed by in-action and failure to comprehend the gravity of the economic times. The Big 3 automakers are on the cusp of bankruptcy, unless President Bush provides an immediate multi-billion dollar bridge loan from the Troubled Assets Relief Program (TARP). Without the Big 3 – the NASCAR economy will rapidly contract and a large percentage of teams will be added to list of defunct organizations. And with that – NASCAR thinks the sport is “strong” – but in reality – teams are dissolving faster than Kyle Busch racked up victories in the beginning of 2009; and without competitive teams – NASCAR is heading for a death spiral.

Without sweeping changes to the fundamental way NASCAR operates – the long term future is bleak. In comparison to Formula 1, following the announcement of Honda to close their F1 Racing operations, the FIA, the sanctioning body of Formula 1 racing, immediately acted with the support of their constructors (teams) to implement meaningful cost cutting measures for the 2009 and 2010 seasons. Formula 1 Cost Reduction Plan

This type of leadership and decisive action may curb future team closures and ensure the viability of the sport. Contrasting the bold leadership of FIA and F1 to NASCAR’s failure to address their challenges is cause for great concern. NASCAR’s value proposition for automakers and corporate sponsors is decreasing rapidly and they must act not only to increase their value proposition; but act to immediately cut costs and increase teams’ participation in the television revenues.

Without describing my complete cost reduction plans, the key areas that MUST immediately be changed by NASCAR are the following:

• Length of the race weekends – two day shows instead of three days at the track
• Reduction of race team members allowed at the track
• Elimination of credentials and “hard card” for necessary race team personnel
• Limitation of number of sets of tires available for use per race weekend
• Elimination of track testing at non-sanctioned race tracks
• Limitations of wind tunnel testing for aerodynamic development

As always, I offer my opinion to strengthen the sport and help ensure its long term viability.

Unlike, the NASCAR Silly Season of 2008, Formula 1 hasn’t seen any real drama or excitement with driver swaps and changes as the paddock prepares for the 2009 season. But is that about to change?

As many F1 enthusiasts know, Fernando Alonso is calculating and plotting his next career move in order to place him back with a championship caliber racing team. Most motorsports’ analysts have assumed Alonso would stay at Renault for another year and then head to Scuderia Ferrari in 2010. But this may not happen – at least that is the opinion of Hans-Joachim Stuck; a famous Grand Prix driver in the 70’s who now heads up Volkswagen’s racing division. Stuck, who prior to his VW appointment was long associated with BMW, believes the German brand should strive for a long-term contract with Alonso to partner Robert Kubica.

As an avid Formula 1 follower, an Alonso-BMW deal may be the final element BMW requires to compete with the upper echelon Formula 1 organizations such as McLaren Mercedes and Scuderia Ferrari. But one must wonder will Alonso join another team which hasn’t yet proven their ability to challenge for a drivers’ championship. But then again, from BMW’s vantage point you certainly can’t argue with Hans-Joachim Stuck: “If you can secure an Alonso for the long term, then you must,” Stuck insisted. If BMW wants to increase their chances of convincing Alonso to commit – in the coming grand prix they better recapture the on-track performance they displayed earlier this season.

On a personal note, as a long-term fan of Fernando Alonso and a dedicated BMW driver; the combination of the two would bring a whole new excitement to the Formula 1 grid in 2009.