Monster Energy's status as a sponsor of NASCAR

it's an expensive hobby bud it isn't most of the big players sole income. I know that is tough to swallow for some
 
BobbyFord said:
Denial is part of the recovery process.
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A person on this thread told me he does not believe the Nielsen ratings and argued with me (before the forum meltdown) that the TV deal was a no brainer for FOX and NBC because they would be able to raise the rates they charged to cable/sat providers. I am not going to give any hints as to who this person is as it isn't that important but more as an example of what some people believe.
 
BobbyFord said:
Any businessman should recognize that if less people are consuming your product from every conceivable angle, you’re in trouble.
Hence the scrambling, gimmicks and constant changes.
Look the other way if you want to but I’ll always be here to point you toward reality.
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If Nascar was in good shape the networks would not have had a come to Jesus meeting with them and Richard Childress would not have to sell unsold primary sponsorships for 175K per race. The stands would be full, drivers like Kurt Busch and Matt Kenseth would have sponsorship next year and drivers would not have to be taking enormous pay cuts. I believe when everything shakes out yesterday's race will be the lowest rated race in 15-20 years and the on track product has been mainly awful since Memorial Day. Add in the ancient fan base and things do not look very rosy.

If someone thinks Nascar is in good shape right now I want the name of their dealer as he is selling some mighty fine stuff.
 
StandOnIt said:
there is a certain person that watches his neighbors great Dane poop in the yead and finds that more entertaining that watching an Xfinity race. I believe him.
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That makes sense as watching paint dry has been far more satisfactory than some of the cup races recently. There have been some great football games this year and hockey is starting soon and with the World series coming soon we will be in good shape.
 
StandOnIt said:
they are still making money? that could be a sign..but death bedders will be death bedders.
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It isn't that I don't believe you but if you could provide a link that shows the financial reports for cup teams I would really like to look them over. I know it would be boring for some but it is something I would appreciate seeing and digesting.
 
ReturnTrip said:
Maybe Roger Penske can vacuum the change out of his couch and sponsor NASCAR for a few years.
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Roger didn't create his vast fortune by being stupid like Brian. That includes hiring all the goons Nascar has in the office to shuffle the blame around.
 
Team Penske said:
Roger didn't create his vast fortune by being stupid like Brian. That includes hiring all the goons Nascar has in the office to shuffle the blame around.
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that is another simplistic misconception that it is all Brian's fault. Sources say he sold off much of his interests and is little more than a front man. But some like to blame him for everything, and he does get paid well for being the dart board target.
 
StandOnIt said:
that is another simplistic misconception that it is all Brian's fault. Sources say he sold off much of his interests and is little more than a front man. But some like to blame him for everything, and he does get paid well for being the dart board target.
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I did give credit to all the recent goons who stand in front of Brian to deflect those darts. :)
Selling off his shares? He must be able to see where Nascar is going.
 
As long as Brian France has the position of Grand Mufti the buck stops with him. Some people do not understand that a leader leads and takes responsibility for everything.
 
Does anyone know where the financial reports for NASCAR teams can found ? SOI said the teams are making money so he has obviously seen the data or he wouldn't know one way or the other. I would appreciate any help.
 
Skoalbandit33 said:
Gene Haas contradicts what you say by his actions. If outside sponsorship was not important he would not have signed with Smithfield and told what driver he was going to run and he would have signed Kurt even though he has no sponsors signed for him. Gene has left lots of wiggle room to run only 3 cars next year and even at that only 1 of the three cars has no sponsorship issues.
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I think at one point, he was ok with footing the bill for his teams, and the last few years the 41 car, but , and this is just a guess, that things changed since he started his F1 team, as HAAS is sponsoring that team, so he might of been put in a position that he now needs to get more outside funding for the two teams that he has been sponsoring via HAAS money.

Again, that is all speculating and guessing on my part, I do recall Haas saying that he didnt care if he had to fund the 41 car out his own pocket because he wanted Kurt that badly on his team.
 
jws926 said:
I think at one point, he was ok with footing the bill for his teams, and the last few years the 41 car, but , and this is just a guess, that things changed since he started his F1 team, as HAAS is sponsoring that team, so he might of been put in a position that he now needs to get more outside funding for the two teams that he has been sponsoring via HAAS money.

Again, that is all speculating and guessing on my part, I do recall Haas saying that he didnt care if he had to fund the 41 car out his own pocket because he wanted Kurt that badly on his team.
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What you say makes sense as I don't think it is so much an issue of Gene not being able to fund the teams on his own but a question of if he wants too or not. As it stands right this minute Haas Automation would need to provide a lot of sponsorship for the 14 and 41 plus some for the 10.
 
SpeedPagan said:
If that's true, then is IndyCar and F1 suffering the same problem? I mean, IndyCars and F1 cars are way more advanced and cost more than the MENCS stock cars.
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The range I see for annual IndyCar budgets is usually $3-8m per car, most often $5-6m. F1 team budgets are easily nine figures per year for two cars.
 
FLRacingFan said:
The range I see for annual IndyCar budgets is usually $3-8m per car, most often $5-6m. F1 team budgets are easily nine figures per year for two cars.
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Of course, one could argue that F1 has the prestige going for it, so owners and sponsors are willing to shove out more money because of that prestige.
 
Skoalbandit33 said:
What you say makes sense as I don't think it is so much an issue of Gene not being able to fund the teams on his own but a question of if he wants too or not. As it stands right this minute Haas Automation would need to provide a lot of sponsorship for the 14 and 41 plus some for the 10.
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And the F1 team.
 
What surprises me is that Haas had to join F1 to learn all of that. You could watch F1 on TV for about a month and come to the exact same conclusion.
 
jws926 said:
I think at one point, he was ok with footing the bill for his teams, and the last few years the 41 car, but , and this is just a guess, that things changed since he started his F1 team, as HAAS is sponsoring that team, so he might of been put in a position that he now needs to get more outside funding for the two teams that he has been sponsoring via HAAS money.

Again, that is all speculating and guessing on my part, I do recall Haas saying that he didnt care if he had to fund the 41 car out his own pocket because he wanted Kurt that badly on his team.
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He's running an F1 team now. His money in HUGE amounts is getting sucked that way. I think that might be part of the situation.
 
sloggie said:
Haas won't be in F1 4 years from now. He thought he could build a winner on the cheap by using Ferrari parts for everything, but F1 is more complicated than that.
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Lots more, and costs lots more money. If the Mercedes is spending 1 billion a year (according to the report on 60 minutes Sports) to run 2 cars that's a place that money gets thrown at stuff in very large quantities.
 
I am a strong advocate of shortening the Cup schedule, but I was nearly run out of town when I mentioned it here. I think 30 races is PLENTY, for lots of reasons, cost being just one.
 
Formerjackman said:
I am a strong advocate of shortening the Cup schedule, but I was nearly run out of town when I mentioned it here. I think 30 races is PLENTY, for lots of reasons, cost being just one.
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The problem is that there are too many ****e shows in the 36 races and that actually hurts the series far more than it helps. When only a couple of races sell out and the ratings start circling the drain the deeper you get into the year it is a clear indication of having a glut of product. Less is truly more in many instances.
 
Skoalbandit33 said:
The problem is that there are too many ****e shows in the 36 races and that actually hurts the series far more than it helps. When only a couple of races sell out and the ratings start circling the drain the deeper you get into the year it is a clear indication of having a glut of product. Less is truly more in many instances.
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Agree 100%. Match supply with demand. Right now there is much more supply, and it costs the teams and sponsors the same whether anybody shows up or not.
 
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