NASCAR and RTA are "far apart" on future revenue split

[LewTheShoe]

I dont want Nascar to [go] away, desired replacements usually dissapoint after they are given an opportunity to show what they really can do.

But the myth of Nascar being a benevolent dictatorship has run it's course. Neither side is replacable and even if they were it would take several bad years for Nascar or the Owners to transition sucessfullly to other partners.

Nascar is great at taking care of itself in order to serve it's best interest. But the owners are not powerless and the Alliance will only get better at taking care of themselves. The owners are bigger than some 7 percent or whatever the low ball number might be.

Nascar would lose whatever loyalty that remains if most of the big teams went away. Nascar and the promoters will have to make concessions. The abilty to monopolize is still strong but it aint what it used to be.

Well said, @Greg. I think we are a long way from a split between Nascar and the team owners. I think a split is unlikely. I also think a sale of Nascar to the RTA is a longshot, but is a possibility. But the owners want and need a bigger slice of the pie, and they have organized themselves for battle. I'll repeat what I said earlier about believing that water ultimately finds its natural level... and that natural level would be a greater share for the teams.

Hypothetically... If the owners did control the sport, either through a buyout of Nascar or forming a breakaway series, I think that would be a good thing. The owners are good businessmen, but they also are racers. I'd expect them to be more inclined to view stock car racing as a sport, and less as an entertainment medium. I'd like to see the sporting side get a little extra weight, and a little less on entertainment. I'd hope the owners would as well.

I would not expect the owners to appoint the likes of Brian France as their Commissioner.

 

[RHRFan#1]

I don’t believe I asked your permission to tell me what I thought about the racing. It’s subjective if you don’t like it then don’t watch it

I haven't watched a single lap of the Cup series since Darlington.

Part of it is because the racing is bad
Part of it is because I feel like NASCAR is ignoring the health concerns of their drivers
Larger part is the fact that the Playoffs are beyond stupid. This is coming from one fans perspective.

 

[RHRFan#1]

Finally, there is a thread on here worth actually reading.

I'll be curious to see how this gets resolved, but it may get ugly.

 

[AndyMarquisLive]

I haven't watched a single lap of the Cup series since Darlington.

Part of it is because the racing is bad
Part of it is because I feel like NASCAR is ignoring the health concerns of their drivers
Larger part is the fact that the Playoffs are beyond stupid. This is coming from one fans perspective.

The only races that are good are the mile-and-a-halfs with this new car. The rest have to have a bunch of "cHaOs!" to be entertaining.

It's still the same old NASCAR. It doesn't help when you have Fox and NBC screaming for cautions or screaming for them to make decisions to alter the outcome of a race.

 

[aunty dive]

Finally, there is a thread on here worth actually reading.

We’re honoured by your presence.

 

[AndyMarquisLive]

No cars, no show.

 

[sdj]

No ticky no laundry!

 

[Spotter22]

No ticky no laundry!

No you didnt?! Canceled!

 

[Charlie Spencer]

My guess would be that, Nastycar gets a royalty, percentage or some form of compensation from the "NASCAR Approved Suppliers", for every part supplied.

Guess away. That wasn't part of your original question, and I have no qualifications to respond.

 

[sdj]

Guess away. That wasn't part of your original question, and I have no qualifications to respond.

I appreciate your response to not respond.

 

[Charlie Spencer]

I appreciate your response to not respond.

I appreciate you acknowledging you were guessing, and not presenting an opinion as fact.

 

[aunty dive]

Unlikely.

Barney Visser would have leaked by now.

 

[FLRacingFan]

Uhh…

 

[Formerjackman]

More than likely a case of the pot calling the kettle black.

 

[FLRacingFan]

In another follow-up tweet she indicated Jim France and Lesa France Kennedy haven’t really been a part of negotiations so far but the ownership group wants them to be. A bit shocking that there hasn’t been involvement at that level yet considering the magnitude of the negotiations.

 

[StandOnIt]

 

[Charlie Spencer]

Blah, blah, blah.

 

[Kiante]

Wouldn't read too much into this.

It's just a WIP, I doubt it gets to that point of threats to split or whatever else. I'm all for the teams in getting more, however the tracks have to have their piece to keep things going. Just a balance that needs to be found between the teams, tracks, and sanctioning body.

 

[racingfan7]

Maybe get back to full fields and GOGH qualifying and see if interest goes up. Ha

 

[StandOnIt]

Cup team owners boycott quarterly meeting with NASCAR - NBC Sports

NASCAR Cup team owners boycotted a quarterly meeting with NASCAR on Wednesday as a sign of their displeasure about the progress of revenue talks.

nascar.nbcsports.com

 

[Blaze]

Good, whatever it takes to get your deserved slice of the pie

 

[Formerjackman]

Good, whatever it takes to get your deserved slice of the pie

The problem is, who's to say just what that number is? I think the France's are greedy and the owners will just find new ways to blow any extra revenue they receive, so in the end, I'm not sure much of anything changes regardless of the number.

 

[wi_racefan]

This stuff is such a joke. It's easy to say give me more money, but who gets less? I guarantee operating a race track hasn't gotten any cheaper. Several teams have shown that you can operate a team for much less than what the big teams are doing it, and make a profit.

Give me more money or how about you stop spending $20 million a year building race cars? Unfortunately tracks have a lot more fixed costs than teams, heck Marcus said just the bill to keep the elevators maintained at his tracks is in the millions. That's something that has to be done. Does a team need to spend a couple million a year on CFD or can they still put cars on the track? Pretty easy argument if you ask me

Sent from my SM-G991U using Tapatalk

 

[Charlie Spencer]

Several teams have shown that you can operate a team for much less than what the big teams are doing it, and make a profit.

Might I ask how you know which teams are making a profit? Most are privately held businesses that don't release their financial positions.

Thanks.

 

[aunty dive]

Might I ask how you know which teams are making a profit? Most are privately held businesses that don't release their financial positions.

Thanks.

Confirmation bias.

Quite common.

 

[Charlie Spencer]

Confirmation bias.

Quite common.

How to make a small fortune in auto racing.

 

[wi_racefan]

Might I ask how you know which teams are making a profit? Most are privately held businesses that don't release their financial positions.

Thanks.

Teams like Front Row and Spire have made statements in the past that they weren't losing money

Sent from my SM-G991U using Tapatalk

 

[sdj]

None of this costs me a dime or a minutes sleep. Let the big boys in the sand pile figure it out.

Always remember, no matter what, it is always about the money.

 

[Charlie Spencer]

Teams like Front Row and Spire have made statements in the past that they weren't losing money

Sent from my SM-G991U using Tapatalk

'Not losing money' isn't the same thing as 'making a profit'. 'Making a profit' isn't necessarily the same thing as 'making a sustainable profit'.

 

[Revman]

In another follow-up tweet she indicated Jim France and Lesa France Kennedy haven’t really been a part of negotiations so far but the ownership group wants them to be. A bit shocking that there hasn’t been involvement at that level yet considering the magnitude of the negotiations.

Who is running the show? Jim or Lesa?

 

[Revman]

Give me more money or how about you stop spending $20 million a year building race cars?

Well, they could do that, but, ya know, ya gotta leave the ****** parts alone! Know what I mean?! Good God.

 

[StandOnIt]

 

[AndyMarquisLive]

Could There Be a NASCAR Ownership Strike? Negotiations Reach Inflection Point

With negotiations reaching high gear in NASCAR over ownership concerns and their next broadcast TV contract, the future of the sport hangs in the balance.

frontstretch.com

Some perspective, there's now growing concern that the next TV deal might be LESS than the current deal.

The timing of these negotiations couldn't be worse. A significant ratings drop, the sport's far and away most popular driver on the bench, and every media conglomerate going through budget cuts and layoffs amidst streaming media's crisis.

 

[rd45usa]

I think it's all a smoke screen for whats going on behind the scenes, there are 120 countries that are in the BRICS now, and NONE using the corrupt Fiat Petro-Dollar. The Federal Reserve Bank is out of money and everyone is moving away from it. This will crash the system soon, so we can start up the New QFS, Rainbow Currency, and NESARA/GESARA around the world. All money will be 1:1 ratio.

 

[aunty dive]

Yeah … maybe prize money will be paid in one or more of the various forms of crypto currency.

Or not.

 

[Charlie Spencer]

I think it's all a smoke screen for whats going on behind the scenes, there are 120 countries that are in the BRICS now, and NONE using the corrupt Fiat Petro-Dollar. The Federal Reserve Bank is out of money and everyone is moving away from it. This will crash the system soon, so we can start up the New QFS, Rainbow Currency, and NESARA/GESARA around the world. All money will be 1:1 ratio.

The Hell?

 

[StandOnIt]

The Hell?

I think that is some of the red meat you were talking about.

 

[Charlie Spencer]

I think that is some of the red meat you were talking about.

It's past its 'Sell By' date. There's an oily purple sheen, and a maggot or two crawling around.

 

[FLRacingFan]

Could There Be a NASCAR Ownership Strike? Negotiations Reach Inflection Point

With negotiations reaching high gear in NASCAR over ownership concerns and their next broadcast TV contract, the future of the sport hangs in the balance.

frontstretch.com

Some perspective, there's now growing concern that the next TV deal might be LESS than the current deal.

The timing of these negotiations couldn't be worse. A significant ratings drop, the sport's far and away most popular driver on the bench, and every media conglomerate going through budget cuts and layoffs amidst streaming media's crisis.

It would seem unfathomable to me that any major sporting organization would get a rights fee decrease these days (especially compared to something signed a decade ago), but if Moody is being publicly concerned then things must not be going too hot. Maybe just a marginal increase compared to what may have been expected initially.

 

[AndyMarquisLive]

It would seem unfathomable to me that any major sporting organization would get a rights fee decrease these days (especially compared to something signed a decade ago), but if Moody is being publicly concerned then things must not be going too hot. Maybe just a marginal increase compared to what may have been expected initially.

2022 and 2023 are completely different.

Most of these media companies are going through deep budget cuts and layoffs. And the streaming world is changing fast. People are dropping these services, especially now that these streaming services aren’t much different from cable.

NASCAR races are also more expensive to produce.