NASCAR in the Next Decade: The Storylines that will Shape the Future
… is doomed to become a second-rate sport with limited commercial exposure.
The Fall of Brian France
Mayfield vs. NASCAR is a fight NASCAR wishes it never fought. First, let me provide a bit of background information. In 2008 NASCAR implemented a clandestine drug testing policy where they refused to provide competitors a list of banned substances. And in 2009, long time driver Jeremy Mayfield, was the first driver to face a suspension for use of a banned substance. The drug was later …
Tags: Brian France COT NASCAR Sprint Cup
NASCAR Teams – Take a Stand!
… vast majority of the sports’ lucrative television contracts. And why, you may ask, has NASCAR (France Family) been able to dominate teams? I believe it is because NASCAR teams haven’t united into an association or partnership demanding the right changes to the sport. Just look across the pond to Formula 1 – while they face their own unique challenges, they do have a much more fair and logical business model. The teams are part of an association (Formula One Teams Association – …
Tags: Brian France NASCAR Sponsorship
NASCAR in Peril: Victory for Jeremy Mayfield in Drug Testing Legal Battle
… rippling effects on the entire sport. Ultimately, it will challenge the “dictatorship” of the France Family and most likely require far greater transparency in NASCAR’s future actions. NASCAR’s arrogance may have finally caught up with them. Unlike any other major sport, NASCAR refuses to publish a list of banned substances – and Jeremy Mayfield claims (through his attorney) that NASCAR’s drug testing program does not meet federal workplace guidelines or follow proper procedure …
Tags: Brian France Jeremy Mayfield Judge Graham Mullen NASCAR Ramsey Poston
Danica Patrick to NASCAR…Hendrick Motorsports?
… are clearly against her if she makes the move.
My sources indicate that NASCAR, led by Brian France is offering significant guarantees to lure Danica to NASCAR. So if her primary motivation is money – we should expect her to make a debut later this year in preparation for the 2010 NASCAR season. A more intriguing question remains – why is NASCAR focused on attracting one driver, when the entire sport, (namely race teams), are facing financial annihilation? This not only is short …
NASCAR’s Business Model Hits the Wall
The Associated Press (AP) has reported Brian France, CEO of NASCAR, has directed his management to work with teams in developing new business models that can help them withstand the current economic crisis. As we are all aware, NASCAR teams rely on corporate sponsorship to fund the majority of their operating budgets, which is substantially different than any other major sport. Whereas, NFL, NBA, NHL and MLB teams participate in higher …
Tags: Bang Racing Bill France Jr. Brian France Burton Smith France Family Franchise Model NASCAR Sprint Cup
Ad Sponsors Peeling Away From NASCAR, Too
… NASCAR wreck? Here’s one: The racing association’s sponsors are pulling out, NASCAR CEO Brian France told a Reuters summit . France insists he’s talking to potential new sponsors, but wouldn’t name names.
NASCAR saw a $150 million gain in sponsorship revenue in 2008, a gain France says won’t be repeated. “The question is, are we going to back up,” he said.
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Tags: Brian France NASCAR Sponsorship
Need More Clarification? – NASCAR in Crisis
… that will ultimately cripple NASCAR if they continue down this same pathway.
On Sunday, Brian France, Chief Executive Officer of NASCAR was asked; Are you certain you’ll have 43 car fields next year?
We’re pretty confident about that. I said before to many of you, you know, we’re also criticized for having too many cars.
I don’t know if he is taking lessons from the former Iraq Information Minister – Baghdad Bob.
But unless he is counting on Dave …
Tags: Brian France NASCAR Sponsorship
NASCAR for Sale – Is “Change” Coming?
… to acquire NASCAR and said, “And it’s getting closer”, referring to the possibility of the France Family looking to sell NASCAR. Is Smith just stirring the pot? Or perhaps, is the France Family finally considering ending their strangle-hold on the sport?
Hypothetically, let us assume Smith’s statements are backed by an element of fact and that the France Family is looking to sell NASCAR. It is my opinion that a change in ownership from the France Family to Smith would not bring …
Tags: Bruton Smith France NASCAR NASCAR for Sale NASCAR Franchise Sprint Cup Series
The Failing NASCAR Economy: A Time for Action!
… dictatorship – with the profits being retained by NASCAR Corporate which is owned solely by the France Family.
Let’s examine the recent history and evolution of NASCAR: during the global economic expansion following the tragic events of 2001 – 9/11 & the death of Dale Earnhardt Sr., NASCAR experienced unprecedented interest from corporate sponsors; and growth was fueled by new television contracts with Fox and NBC. Because of NASCAR’s unique business model, which is vastly …
Tags: AT&T Bang Racing Dale Earnhardt Sr economy France Family ISC Jack Roush NASCAR Nextel Richard Childress Racing Rick Hendrick Roger Penske Sprint Toyota
