I typically do not publish press releases but I believe Robby Gordon Motorsports (RGM) and Jim Beam should be commended for their efforts to support our troops and their families. Starting tomorrow – on Election Day, RGM and Jim Beam will launch an online charity auction giving racing fans and all Americans the opportunity to [...]
17 Sep, 2008
Posted by: Alex Meshkin In: NASCAR
The global credit crisis may be slowing the M&A markets of Corporate America, however, mergers and acquisitions remain all the buzz in NASCAR. Back in July, I wrote Team Consolidation on the Horizon and it appears more likely than ever that Michael Waltrip Racing (MWR) led by Robert Kauffman will acquire [...]
Tags:
BDR,
Bill Davis Racing,
Chip Ganassi Racing,
Dodge,
GEM,
Gillette Evernham Motorsports,
M&A,
Michael Waltrip Racing,
MWR,
NASCAR,
Penske Racing,
Richard Petty Racing,
Robert Kauffman,
Sprint Cup,
Toyota
07 Sep, 2008
Posted by: Alex Meshkin In: NASCAR
The first domino has fallen in the shakeup with the Big 3 automotive manufacturers’ involvement in NASCAR. The exit announcement by Dodge is the latest blow to the NASCAR Craftsman Truck Series which has yet to find a title sponsor to replace Craftsman in 2009 and beyond. In 2009, Dodge will not provide any [...]
21 Aug, 2008
Posted by: Alex Meshkin In: NASCAR
Two brands and two industries synonymous with NASCAR – Coors Light (Coors Brewing) and Texaco Havoline (Chevron) have in subsequent years cut ties with Chip Ganassi Racing and ultimately vacated NASCAR team sponsorship. The association and sponsorship of these two industries - Beer and Gasoline/Oil companies with NASCAR have by far the greatest value proposition; [...]
Tags:
Chevron,
Chip Ganassi Racing,
Coors Brewing,
Coors Light,
Dale Earnhardt Jr.,
Defunt NASCAR Teams,
Havoline,
Juan Pablo Montoya,
NASCAR,
NASCAR Sponsorship,
Sprint Cup,
Target,
Texaco
19 Jul, 2008
Posted by: Alex Meshkin In: NASCAR
When I reflect back to 2004, the NASCAR Craftsman Truck Series was on top of the world. This resulted in part from unprecedented levels of financial commitments from the Big 3 American automotive manufacturers and the grand entrance of Toyota into NASCAR. Because GM, Ford and Dodge made every effort to fend off Toyota Motorsports’ [...]
Tags:
Alex Meshkin,
Bang Racing,
Craftsman,
Dodge,
Ford,
Fox News Channel,
GM,
NASCAR,
NASCAR Craftsman Truck Series,
Snap-On Tools,
Toyota,
Toyota Motorsports
10 Jul, 2008
Posted by: Alex Meshkin In: NASCAR
Robert Kauffman is the billionaire hedge fund manager from Fortress Investment Group who last year purchased and secured control of Michael Waltrip Racing (MWR) looks now to be leading a movement of NASCAR Sprint Cup Team Owners to survive through consolidation. Personal friendships may even play a significant part in the boardroom discussions. The [...]
2007 Indy 500 Champion - Check, 2007 IndyCar Championship – Check, Superstar Actress Wife - Check, NASCAR Sponsor - Only in his Dreams.
In 2007 Dario Franchitti was one of the most accomplished drivers in American motorsports. When he moved from IndyCar (IRL) to NASCAR in 2008 he was full of hopes and dreams for [...]
Thomas Chemris
Alex Meshkin has a resume similar to most Fortune 500 CEO’S.
He parlayed investments in the stock market to raise start up capital for a new Internet company, Surfbuzz. Surrounding himself with some of the countries brightest marketing executives to grow the firm into a multi-national development group specializing in software and technology applications.
With such [...]
By JEFF WOLF
REVIEW-JOURNAL
NASCAR Craftsman Truck series driver Travis Kvapil, left, and 24-year-old team owner Alex Meshkin have teamed to win two races this season.
COURTESY PHOTO
The past year of racing for Travis Kvapil has been so unique it makes the spelling of his last name seem like Smith or Jones.
It started at the end [...]
By Gary Graves, USA TODAY
Rarely has a NASCAR entrance generated as much buzz as Toyota’s announcement that it would enter its Tundra model in the Craftsman Truck Series this season.
Mike Skinner, who”ll drive a Tundra, says the engine needs work, but “I’d be very surprised if it weren’t competitive within four or five months.”
By Tim [...]