22 Nov, 2008
Posted by: Alex Meshkin In: NASCAR
Frustrated over the lackluster excitement of the 2008 NASCAR Sprint Cup Series – I feel I am not alone. The racing was bland, personalities were muffled and there was not a compelling reason to watch most races. I tend to be a traditionalist in my view of the sport and the championship points [...]
11 Nov, 2008
Posted by: Alex Meshkin In: NASCAR
Over the past several weeks, I have been inundated with inquiries about a variety of topics that I have discussed about the state of NASCAR and the sponsorship crisis. I feel compelled to address and clarify some of my previous statements and respond to a recurring theme of certain readers’ comments.
Many of the NASCAR faithful [...]
04 Nov, 2008
Posted by: Alex Meshkin In: NASCAR
On Sunday Morning, Bruton Smith conducted an interview with ESPN. After questioned about the challenging times that is facing NASCAR; Smith reaffirmed his desire 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 [...]
I typically do not publish press releases but I believe Robby Gordon Motorsports (RGM) and Jim Beam should be commended for their efforts to support our troops and their families.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 [...]
31 Oct, 2008
Posted by: Alex Meshkin In: NASCAR
Most will agree that the current economic recession will have a significant financial impact on NASCAR teams and the sport as a whole – but does it really need to be this way? In 2009, there will be significantly less Sprint Cup teams competing on a weekly basis – and yet, in economic downturns other [...]
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
Over the past several months, as the advertising market has become increasingly more challenging, I have written numerous posts about the need for NASCAR and Sprint Cup teams to evolve and innovate to stay competitive in the corporate boardrooms. In my posts NASCAR 2.0 and NASCAR Sponsorship 2.0, I discussed opportunities to generate revenues [...]
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; [...]