78 FRR is done

The bubble burst that continues was most likely inescapable. The popularity of the 90s just was not sustainable.
That doesn't mean I am an apologist, some dumb decisions were made and I have snarked them many times.
But teams having to learn to live on smaller budgets, and forgetting 150,000 plus crowds is for the best. And neither of the previous expectations are needed to put on great races.
 
Greg said:
The bubble burst that continues was most likely inescapable. The popularity of the 90s just was not sustainable.
That doesn't mean I am an apologist, some dumb decisions were made and I have snarked them many times.
But teams having to learn to live on smaller budgets, and forgetting 150,000 plus crowds is for the best. And neither of the previous expectations are needed to put on great races.
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Imagine if NASCAR would’ve more evenly shared the fat years.
 
Yep, concerned where the funding will come from.
 
Greg said:
The bubble burst that continues was most likely inescapable. The popularity of the 90s just was not sustainable.
That doesn't mean I am an apologist, some dumb decisions were made and I have snarked them many times.
But teams having to learn to live on smaller budgets, and forgetting 150,000 plus crowds is for the best. And neither of the previous expectations are needed to put on great races.
Click to expand...

Drivers are gonna have to lower salary expectations and that private plane might have to wait too.
 
If NASCAR and the RTA are gonna continue under the charter format, revenue sharing has to become part of the business model. The teams need to get a slice of the TV pie.

Otherwise this will continue to happen. This isn’t 1972 anymore. The days of Jim Bob starting a Cup team in his garage are over.

Here’s an idea, how about instead of the racetracks (SMI) getting all this revenue for multi-million dollar renovations to facilities with half empty grandstands, it goes to the people who actually draw the crowds in the first place?
 
If Cole doesn't follow Truex to the 19 I think we'll see Truex go back to being a mid-pack driver.

I hope Cole goes to HMS and they pair him with the 9.
 
Cholo said:
If Cole doesn't follow Truex to the 19 I think we'll see Truex go back to being a mid-pack driver.

I hope Cole goes to HMS and they pair him with the 9.
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eh they said on Race Hub Pearn went to the preacher also. Who knows if he or Truex will fit in with that bunch
 
Smart move by JGR to scoop them up. If the competition got a hold of Pearn it would be bad news for them. Feel bad for Suarez but he hasn't shown anything in 2 years. The article states "the rising costs of continuing a team alliance with Joe Gibbs Racing." Maybe switching to Toyota and aligning themselves with JGR wasn't the best option. Should've stayed with Chevy. I think adding a second team last year put a lot of strain on the team. Also, I'm sure being based out of Colorado added a lot of extra expenses. Anyone remember a few years ago when Visser was against having sponsors on his car and preferred having the black "Furniture Row" paint scheme? I guess he realized he was losing too much money.
 
Towmater said:
Drivers are gonna have to lower salary expectations and that private plane might have to wait too.
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I think the driver salary expectations and adjustments will happen more automatically than other aspects. A driver considers the offers and decides if it is acceptable or not, if it is not they can sign on a younger driver.
Decesions by owners like Vissor will be the greatest escalation and change more lives. It is on the big word level of PLAYOFF IMPLICATIONS, A GAMECHANGER etc...
 
JBone88 said:
Here’s an idea, how about instead of the racetracks (SMI) getting all this revenue for multi-million dollar renovations to facilities with half empty grandstands, it goes to the people who actually draw the crowds in the first place?
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That would get really interesting. The how to do it and get the tracks on the same page would be interesting to see play out. Also, if the TV deal decreases in size then it would get super interesting to watch as all the players scramble to get their part of the pie.
 
Greg said:
I think the driver salary expectations and adjustments will happen more automatically than other aspects. A driver considers the offers and decides if it is acceptable or not, if it is not they can sign on a younger driver.
Decesions by owners like Vissor will be the greatest escalation and change more life's. It is on the big word level of PLAYOFF IMPLICATIONS, A GAMECHANGER etc...
Click to expand...

The teams would also be adjusting their contracts on the winnings paid out. Noting that you get paid more for finishes if your team was in the playoffs the previous year I wonder if NASCAR is going to increase the payouts to the remaining teams if the 78 isn't around next year?
 
Towmater said:
Noting that you get paid more for finishes if your team was in the playoffs the previous year I wonder if NASCAR is going to increase the payouts to the remaining teams if the 78 isn't around next year?
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No. The team that buys the #78's charter will receive the increased purse money. It's tied to the charter.
 
Then they'd have to find a buyer quickly for that charter. Limited shelf life on all that equipment. Hmmm, and the buyer would be?
 
gnomesayin said:
No. The team that buys the #78's charter will receive the increased purse money. It's tied to the charter.
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Another head scratcher is when you buy a charter you have to use it immediately. I think they will be ok considering it will be after the season, but it wasn't for BK when they sold theirs.
 
I just realized that Rick Allen is going to go overdrive on the “ADVERSITY” storyline if the 78 is about to take home checkers over the final stretch here of the year....” As Truex takes the white flag so MUCH he has to overcome, the DOORS are CLOSING at the end of year!! A team and driver so used to overcoming ADVERSITY, wins the (insert race name here)!!!!”
 
Towmater said:
Then they'd have to find a buyer quickly for that charter. Limited shelf life on all that equipment. Hmmm, and the buyer would be?
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What connection exists in your mind between "shelf life on all that equipment" and the charter? The charter may sell for $10 million or $10. The holder of the charter will receive the higher guaranteed purse money based on the past three years' results. That's the system.
 
The point being you'd have to have an interested buyer. Where is that entity coming from and quickly to get up to speed. Also, I love to get hyperlinks to the track attendance records you reference.
 
Snappy D said:
I just realized that Rick Allen is going to go overdrive on the “ADVERSITY” storyline if the 78 is about to take home checkers over the final stretch here of the year....” As Truex takes the white flag so MUCH he has to overcome, the DOORS are CLOSING at the end of year!! A team and driver so used to overcoming ADVERSITY, wins the (insert race name here)!!!!”
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It's a hell of a story right? Truex like hundreds before found himself being a driver without a job for about ten seconds. adversity :D
 
It will sell for the market rate, which could be quite low or not. The sale of the charter has absolutely nothing to do with FRR's equipment assets, so it was an odd comment. It calls into question whether you know what a charter is.
 
The other kind of cool thing (kind of) is that Martin lost his ride once, and
BobbyFord said:
JGR just got stronger with Pearn and Truex in-house. Like Regan Smith just said, the other teams should be concerned.
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Was going to post this myself. Huge.
 
Pat said:
Sad reflection on the sport as a whole when the reigning Champ can't keep sponsors.
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Says a lot for the ROI of sponsoring a championship team. You would think FR would have had a boost in increased sales to continue
the sponsorship program. Economy doing better etc, Just does not seem to be trickling down to FR bottom lines.
 
More to the shutting down story than we have been told. HMS funded Alex Bowman and FRR can't fund a champion, smells fishy to me.
 
Taco said:
More to the shutting down story than we have been told. HMS funded Alex Bowman and FRR can't fund a champion, smells fishy to me.
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Toyota stealing money from FRR confirmed.
 
“...Only people wearing the NASCAR-is-great sunglasses are trying to figure out how this happened. Everyone else knows exactly how this happened: Every team owner has a limit on the willingness to spend to vie for wins in a league with no revenue sharing, a frenzied free-agent process for both drivers and crew members, an inability to limit the skyrocketing costs to engineer cars that end up making the racing less competitive, and a ruthless quest for sponsorships that turn the nicest people into cutthroat artists...”

http://www.espn.com/racing/nascar/s...up-series-end-furniture-row-racing-bad-nascar
 
Taco said:
More to the shutting down story than we have been told. HMS funded Alex Bowman and FRR can't fund a champion, smells fishy to me.
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yeah I think along with the conspiracy theory, tying it in with a decent deathbed yarn I believe ya got a story that could have legs.
 
Hotrod said:
Says a lot for the ROI of sponsoring a championship team. You would think FR would have had a boost in increased sales to continue
the sponsorship program. Economy doing better etc, Just does not seem to be trickling down to FR bottom lines.
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Maybe it is more about the extreme cost of remaining elite. He could probably find someone to offer a good enough deal to remain decent.
(Speculation warning). But I am thinking after winning a championship remaining elite is the only desirable option. An all or nothing world.
 
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