FLRacingFan
Team Owner
Making this for rumors and speculation since the new deal(s) should be signed in 2023.
Last month Adam Stern reported NASCAR is evaluating selling a portion of its rights to a digital streaming service. NBC and Disney have gotten big into streaming with exclusive Peacock and ESPN+ content. According to Larry Mann, EVP of a sports marketing/media agency, it’s quite likely there will be some sort of component involved.
He also said NASCAR is interested in midweek events again, despite cooling off on them during the COVID season when they were run out of necessity and generated lackluster ratings. This could open up a separate package to more rights holders, perhaps as part of the rumor of expanding to 40 races - something akin to Amazon Prime Thursday Night Football?
ESPN has a renewed interesting in motor racing and is seen as a potential player to get back into NASCAR.
After a rough beginning to the current TV deals, NASCAR’s rating seem to have stabilized over the past three or four seasons and given the current media market, a strong increase in rights fees seems like a guarantee. Teams are also expected to get a larger slice of the pie when the new TV deal and new charter agreements sync up in 2025.
What do y’all think? Streaming or no? Which networks would you like to see take over as the main broadcasters?
Last month Adam Stern reported NASCAR is evaluating selling a portion of its rights to a digital streaming service. NBC and Disney have gotten big into streaming with exclusive Peacock and ESPN+ content. According to Larry Mann, EVP of a sports marketing/media agency, it’s quite likely there will be some sort of component involved.
“I think we’ll see (a streaming) player. It’s common in this age that this will be part of the agreement,” Mann said. NBC’s portion of the new Big Ten football rightshas it paying an estimated $350 million a year, and its paywalled Peacock streaming platform will have eight games a season when the deal begins in 2023 — part of the network’s strategy to grow subscriptions and ad revenue (and become profitable).
“Does that inhibit Fox from keeping NASCAR?” Mann wondered. He also speculated that tech giants like Apple or Amazon are potential media partners for the stock car circuit.
He also said NASCAR is interested in midweek events again, despite cooling off on them during the COVID season when they were run out of necessity and generated lackluster ratings. This could open up a separate package to more rights holders, perhaps as part of the rumor of expanding to 40 races - something akin to Amazon Prime Thursday Night Football?
ESPN has a renewed interesting in motor racing and is seen as a potential player to get back into NASCAR.
After a rough beginning to the current TV deals, NASCAR’s rating seem to have stabilized over the past three or four seasons and given the current media market, a strong increase in rights fees seems like a guarantee. Teams are also expected to get a larger slice of the pie when the new TV deal and new charter agreements sync up in 2025.
What do y’all think? Streaming or no? Which networks would you like to see take over as the main broadcasters?