SlicedBread22
#TeamJL
With ticket sales declining, viewership down and sponsors leaving the sport left and right.. Ive heard the France family is putting it up for a pretty reasonable price.. and with 'no interest'.
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Source, please.Ive heard the France family is putting it up for a pretty reasonable price.. and with 'no interest'.
Read the fine print. That $500 offer is only good on the 3-year lease.They're offering $500 cash back if you buy NASCAR before May 31st.
Most people started watching racing at local tracks. They ran heats and then the main.regardless of what happens this is good for nascar, at the current pace we were going there was not going to be a nascar in five years and a new ownership group is needed to at the very least try to fix it.
the two biggest changes that must happen is better racing, these gen 6 cars with tapered spacer, high downforce, splitter race like utter garbage. Also the removal of the gimmicks like stage racing and the "playoffs need to go, all it does is drive away long term fans and not bringing in new ones despite what Brian France and his delusions think.
I heard comcast is the favorite to win but me personally is hoping Liberty Media buys NASCAR
Source, please.
Dale Jr. already shot that down.The drivers should buy it, Dale Jr. could probably buy it on his own. Have Jr. become Nascar president and see it skyrocket in popularity, being run by the drivers and not suits.
The drivers should buy it, Dale Jr. could probably buy it on his own. Have Jr. become Nascar president and see it skyrocket in popularity, being run by the drivers and not suits.
The sanctioning body, the organization that sets and enforces the rules, sanctions the races, and holds the contracts for TV, media, series, and sponsorships. NOT the separate company that owns the tracks.I haven't commented on this subject because if they are looking to sell, what exactly are they selling? Keep in mind, selling "NASCAR" could means all kinds of things.
If Junior liquidated all he owns, he would still not have a 30% down payment. They are asking 3-8 BILLION I would think at 3 you get Nascar and at 8 you get all the tracks as well.The drivers should buy it, Dale Jr. could probably buy it on his own. Have Jr. become Nascar president and see it skyrocket in popularity, being run by the drivers and not suits.
The drivers should buy it, Dale Jr. could probably buy it on his own. Have Jr. become Nascar president and see it skyrocket in popularity, being run by the drivers and not suits.
If Junior liquidated all he owns, he would still not have a 30% down payment. They are asking 3-8 BILLION I would think at 3 you get Nascar and at 8 you get all the tracks as well.
Nascar has been forced into this situation in order to settle Brian's bar bill at Whiskey River.
If it took over ten minutes to write that. He need some tips from the deathbedders here.
I know but my nurse hasn't brought my afternoon medications and at this point I can't remember who came first. Rooster or hen.Second statement contradicts the firts.
I know but my nurse hasn't brought my afternoon medications and at this point I can't remember who came first ... my '56 Dodge Royal Lancer or Global Positioning Technology.
Agreed. I honestly don't know if it will be good/bad, or will it happen/not happen. At this point I'll take a wait and see attitude.If it took over ten minutes to write that. He need some tips from the deathbedders here.
NASCAR has a unique position in sports. The article looks at a lot more than I was thinking about.Agreed. I honestly don't know if it will be good/bad, or will it happen/not happen. At this point I'll take a wait and see attitude.
Another opinion from money side here.
https://www.frontstretch.com/2018/0...king-down-a-nascar-sale-that-wont-come-cheap/
good one. That writer has done his homework, and the figures don't lie. I read a few days ago how much the UFC sold for a few days ago and they don't own nothing but blue sky, like most of the stick n ball teams. So it would take a bundle to buy Nascar lock stock and barrel.Agreed. I honestly don't know if it will be good/bad, or will it happen/not happen. At this point I'll take a wait and see attitude.
Another opinion from money side here.
https://www.frontstretch.com/2018/0...king-down-a-nascar-sale-that-wont-come-cheap/
That can't be right. If it was, Jr. could just swap him even-stevens.If Junior liquidated all he owns, he would still not have a 30% down payment. They are asking 3-8 BILLION I would think at 3 you get Nascar and at 8 you get all the tracks as well.
Nascar has been forced into this situation in order to settle Brian's bar bill at Whiskey River.
Yes the tracks get their TV Checks from Nascar.
But it does not take a brain surgeon to figure out the way Nascar is now set up. The Frances control most of the tracks and they as Nascar control the allotment of TV money to the tracks.
Really surprising that all the new tracks built since 2000 are all owned by France/ISC and all this happened at the same time the TV coverage was consolidated.
I tip my hat to the Frances because they are a money making machine.
Example: As they were telling Roger Penske he could not have Verizon logos or colors on his cars due the Nextel deal.
Nascar radio on Siruisxm; which is produced by MRN, owned by the France family. Had guests at the time call in on the Verizon hotline. France/MRN Verizon money good. France/Nascar Verizon not allowed.
And if they sell Nascar and keep the tracks; as I said it will be genius. You be guaranteed that in the sale agreement the allotment of TV will not change till a new rights contract is written.
If Junior liquidated all he owns, he would still not have a 30% down payment. They are asking 3-8 BILLION I would think at 3 you get Nascar and at 8 you get all the tracks as well.
Nascar has been forced into this situation in order to settle Brian's bar bill at Whiskey River.
3-8 Billion for a sanctiong body that has no physical assets? Haha. I can see why there would be no interest.
I recommend a basic accounting course.3-8 Billion for a sanctiong body that has no physical assets? Haha. I can see why there would be no interest.
Too big of a brand not to go for a good sum of money, plus the TV contract gives several years to get things pointed in whatever direction they want. Where else would all the team owners go?3-8 Billion for a sanctiong body that has no physical assets? Haha. I can see why there would be no interest.
I agree with FL. Actually, I think Comcast would be a good match with Nascar. Thinking about Liberty Media versus CVC as owners of F1, I believe a large media company would likely be better than a private equity firm in terms of being beneficial to Nascar as a sport. [Also, I know a couple of principals of Texas Pacific Group... very nice guys, but all private equity guys tend to see their investments in one way only. When TPG finally sold Ducati to an Italian company, I drank Champagne in my garage to celebrate.]Too big of a brand not to go for a good sum of money, plus the TV contract gives several years to get things pointed in whatever direction they want. Where else would all the team owners go?
I agree with FL. Actually, I think Comcast would be a good match with Nascar. Thinking about Liberty Media versus CVC as owners of F1, I believe a large media company would likely be better than a private equity firm in terms of being beneficial to Nascar as a sport. [Also, I know a couple of principals of Texas Pacific Group... very nice guys, but all private equity guys tend to see their investments in one way only. When TPG finally sold Ducati to an Italian company, I drank Champagne in my garage to celebrate.
Verizon competed directly with Cup sponsor Nextel. Nextel's contract specified no competitors as new sponsors (AT&T was grandfathered in but could not change teams or get back in if it got out).Example: As they were telling Roger Penske he could not have Verizon logos or colors on his cars due the Nextel deal.
Nascar radio on Siruisxm; which is produced by MRN, owned by the France family. Had guests at the time call in on the Verizon hotline. France/MRN Verizon money good. France/Nascar Verizon not allowed.
No, a basic marketing course. People pay the Kardashians millions every year for the use of their names. (just an example of people getting paid without physical assets.) If you think Dr. Dre knows squat about speaker design, I have some high-priced ear buds you might be interesed in.I recommend a basic accounting course.
Sounds like a perfect fit to me.I find it difficult to get enthused about Comcast. ... there appear to be several divisions there that are dubiously run.
But is Junior sole proprietor? Me thinks Junior gets a slice for the use of his name,That can't be right. If it was, Jr. could just swap him even-stevens.
Physical assets?? They have plenty of assets which includes all their contracts. Not included would be ownership of ISC properties.3-8 Billion for a sanctiong body that has no physical assets? Haha. I can see why there would be no interest.
I had to Google Don Cherry.But is Junior sole proprietor? Me thinks Junior gets a slice for the use of his name,
just like Don Cherry Bars in Ontario, Canada.
So it is safe to say your not a big NHL fan.I had to Google Don Cherry.