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The tracks pay the teams.It would be interesting to know what type of contingencies are built into the broadcast deals. I am sure the networks didn't just agree to pay Nascar billions of dollars without some sort of performance clauses but they were dumb enough to overpay to begin with so who knows?
The TV deal assures Nascar and the tracks will get paid but what about the teams? The charters aren't worth the paper they are printed on and several teams are having sponsorship issues and I find it all an interesting dynamic.
You're sure there are Performance clauses ... or not. There's an easy way to monitor that. Watch the quarterly filings of the publicly owned track operators. If their TV revenue streams shrink, you'll know.