78 FRR is done

Spotter22 said:
The shop is just that, a shop. Even if say GMS bought out FRR they wouldnt get the chassis or engine info that went along with it. Thats proprietary info. Thats gonna cost them millions more which is why I think the deal fell through.
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Thanks I was hoping you answer I’m unclear on how all that works
 
gnomesayin said:
Not accurate. The basic breakdown of the TV money that feeds the sport is 65% goes to the tracks, 25% to the teams, and 10% to NASCAR.

To be blunt, ISC and SMI should be getting less and the teams more.
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The teams don’t get track revenue from ticket sales or concessions.
 
BobbyFord said:
The teams don’t get track revenue from ticket sales or concessions.
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Oh, true. Neither do the tracks get a cut of the teams' winnings. I'm not sure that would make sense. Since the TV money is by far the largest pot of gold in play, realigning those shares is the best way to correct the imbalance.
 
gnomesayin said:
Oh, true. Neither do the tracks get a cut of the teams' winnings. I'm not sure that would make sense. Since the TV money is by far the largest pot of gold in play, realigning those shares is the best way to correct the imbalance.
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With the increasing costs of running a top tier Cup team I think all profits should be shared.
 
TexasRaceLady said:
That might be hard to do. Aren't the drivers considered independent contractors?
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I believe so.
I think some wholesale changes need to be made that in no way involve on-track race format. I’ve had enough of the race manipulation over the past decade and a half.
 
It is a sad day to see another team closing their doors,but the NASCAR business model doesn't work today.I am still hopeful someone outside NASCAR takes over the helm with the support of the France family to make any changes they want.
 
gnomesayin said:
Not accurate. The basic breakdown of the TV money that feeds the sport is 65% goes to the tracks, 25% to the teams, and 10% to NASCAR.

To be blunt, ISC and SMI should be getting less and the teams more.
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Tracks pay prize money with revenue derived from ticket and other sales and from the track’s 65% of the TV revenue for the event.
 
StandOnIt said:
yeah kinda hard to build a stock car with the hood roof and trunk lid and nothing else stock. I believe they still have to supply the hood all these years later, carbon fiber though.
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You are missing g the point, those cars looked like the cars we drove, people could identify them, you can't with the cars of today. A different grill, that's about all that distinguishes these cars today.
 
Greg said:
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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Yeah that and throw in the health scare and racing just dropped a few rungs down the importance scale.
FRR was certainly one of my favorite motorsports stories. Maybe up there (but not quite) with the Alan Kulwickie story.
 
TexasRaceLady said:
That might be hard to do. Aren't the drivers considered independent contractors?
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You can cap the expenses associated with running a team. The driver's pay is part of the expense in running that team. Set the limit to run a team at $10 to $15 million a year and things would be more competitive for the the big boys and the smaller teams might catch up too.
 
Switchback said:
Everyone keeps taking about the value of Cole pearn, but aren't there some more guys from that team back at the shop that would be extremely valuable as well? Car chief? Maybe an engineer or two?
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I would say the shop crew are just as important as the CC, they are the meat in the sandwich.
 
[FONT=helvetica,calibri,verdana,sans-serif]I've seen this mentioned in a couple of articles. Due to their success has JGR upped the ante of their alliance? Is this a new way to eliminate the competition?
''[/FONT]offset the rising costs of continuing a team alliance with Joe Gibbs Racing''
 
StandOnIt said:
here ya go, now show me one piece of it that is used in a 90 Nascar Pontiac?

iu
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I'm pretty sure at that time they still had to used the stock hood, roof and trunk lid.
 
gnomesayin said:
Not accurate. The basic breakdown of the TV money that feeds the sport is 65% goes to the tracks, 25% to the teams, and 10% to NASCAR.

To be blunt, ISC and SMI should be getting less and the teams more.
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Thank you! I thought I remembered those stats from some time ago. The teams need to grow based on TV money, they need a bigger cut. Sponsorship should be gravy.
 
Towmater said:
You can cap the expenses associated with running a team. The driver's pay is part of the expense in running that team. Set the limit to run a team at $10 to $15 million a year and things would be more competitive for the the big boys and the smaller teams might catch up too.
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It's too easy to exploit a cap. "We bought these emgines real cheap from Toyota. Only 100 dollars each!"



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sloggie said:
It's too easy to exploit a cap. "We bought these emgines real cheap from Toyota. Only 100 dollars each!"



Sent from my Pixel 2 XL using Tapatalk
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yeah Harvick said Nascar has made a lot of cost saving changes lately but suggested the pie should be cut differently as it is tilted to the big teams side, make it more inviting for new start up teams. Good idea to get a jump on it, all of the major team owners aren't spring chickens
 
Save me from reading the 120+ posts in the last 12 hours. Is there any hard news with attributed sources in that time period, or just more speculation and arguing?

Thanks.
 
aunty dive said:
Tracks pay prize money with revenue derived from ticket and other sales and from the track’s 65% of the TV revenue for the event.
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Yes. And if you reduce the tracks' cut they would likely raise ticket prices which would make attendance even worse. It's a vicious circle. I really don't know what the solution is.
 
kk5fan said:
Yes. And if you reduce the tracks' cut they would likely raise ticket prices which would make attendance even worse. It's a vicious circle. I really don't know what the solution is.
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Ticket prices are based on the market demand for them, just like everything else that is retailed in the country - not revenue.
 
Charlie Spencer said:
Save me from reading the 120+ posts in the last 12 hours. Is there any hard news with attributed sources in that time period, or just more speculation and arguing?

Thanks.
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FRR is dead. Martin Truex Jr. and crew are going to the JGR 19. Daniel Suarez is likely out of a ride.
 
kk5fan said:
Yes. And if you reduce the tracks' cut they would likely raise ticket prices which would make attendance even worse. It's a vicious circle. I really don't know what the solution is.
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a whole lot more complicated than people know. running my trucking business so many states have their own rules, permits and regulations, and taxes they collect. Compared to Nascar? it was nothing.
 
ChexOrWrex said:
Ticket prices are based on the market demand for them, just like everything else that is retailed in the country - not revenue.
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Evidently the Indianapolis Motor Speedway hasn't gotten that message. Their "demand" for tickets has declined perhaps 75%, and the ticket prices haven't budged one inch. In fact, they have developed new ways to extract even MORE money from the dwindling number of ticket holders, like charging for infield parking that was always free for the first 100 years the track was open.
 
Toyota and JGR just gave the big MIDDLE FINGER to Barney Visser and FRR.

If Arriss and Suarez are smart they would tell Toyota to shove it. They should take their money to the 41 or Penske to start a fourth team or even FRR with a new manufacturer alliance.
Why go to Leavine racing and have Toyota say we are going to help make it a strong team when they just had a championship winning team they left die.
Wake up Suarez, Toyota doesn't care.
Bell move to Ford or Chevy.
JGR SUCKS!!!
 
I know money talks, but going forward, I think it should be a cautionary tale about doing business with either JGR OR TRD. You can't convince me that Toyota couldn't have smoothed this whole mess over if they REALLY wanted to. You would THINK they would have a little more respect for FRR, giving them their first legitimate Cup title and being solidly in the hunt for another. At least one of the regular posters here has spent all year bragging about TRD's way of doing business was the new model for NASCAR and the smart way to go, and that Chevy was behind the times. If THIS is the way to do things, I think I'd just as soon start playing golf on Sundays. I have always disliked Toyota in a friendly sporting way, like Bears fans hate the Packers. After this ugly situation, I think now I legitimately DO hate them.
 
Another poster elsewhere said this is Gibbs doing business Formula 1-style. I'm inclined to agree.

Still though, if you farm everything out, you leave yourself vulnerable to this degree. When in the history of any form of racing is the factory happy when the customer beats them with their equipment straight up?
 
Formerjackman said:
I know money talks, but going forward, I think it should be a cautionary tale about doing business with either JGR OR TRD. You can't convince me that Toyota couldn't have smoothed this whole mess over if they REALLY wanted to. You would THINK they would have a little more respect for FRR, giving them their first legitimate Cup title and being solidly in the hunt for another. At least one of the regular posters here has spent all year bragging about TRD's way of doing business was the new model for NASCAR and the smart way to go, and that Chevy was behind the times. If THIS is the way to do things, I think I'd just as soon start playing golf on Sundays. I have always disliked Toyota in a friendly sporting way, like Bears fans hate the Packers. After this ugly situation, I think now I legitimately DO hate them.
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Many of the TRD supports on here have been hard to reach through this entire deal....... I wonder how they feel about all this. And I myself have always disliked TRD and Gibbs, the Preacher is a weasel. Disliked him on the Redskins, disliked him in racing.
 
StandOnIt said:
MW has a point kinda, much fat can be trimmed and some of it has already happened, I think we will see even more, for next year. The big owners have a strangle hold on things as they stand, it has to be easier for new blood to get into the sport.
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All the new blood is at the back of the field. They're slowly moving up the field because people in front of them are dying at a near-steady rate. There's a pretty dark line in the Cup field after 30th place between Ty Dillon, Bubba Wallace, the Front Row cars, etc. and the rest of the field, which is usually fronted by Dibenedetto. Next year, that group might move up to say 29th.
 
Formerjackman said:
Evidently the Indianapolis Motor Speedway hasn't gotten that message. Their "demand" for tickets has declined perhaps 75%, and the ticket prices haven't budged one inch. In fact, they have developed new ways to extract even MORE money from the dwindling number of ticket holders, like charging for infield parking that was always free for the first 100 years the track was open.
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Actually ticket prices have been lowered in every section. The seats I sat in are now cheaper than when I last went in 2014.
 
Ford Racing said:
Actually ticket prices have been lowered in every section. The seats I sat in are now cheaper than when I last went in 2014.
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I've had the same seats for 25 years (Paddock Box) and the price has been $92.00 for as long as I can remember. They started out at $55.00 in 1994. With the ticket fees and the infield parking pass, I paid $324.00 for three tickets. If those tickets were say $60 each, I probably could have gotten 6-10 people to go.
 
AdoubleU24 said:
Erik Jones is now the most likeable guy at JGR. Never thought I'd say that.
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I like Erik Jones. I’ve never understand the disdain for that kid. Other than he drove Kyle’s trucks and is now JGR/TRD.
 
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