4tires17gals
Team Owner
- Joined
- Apr 21, 2016
- Messages
- 1,523
- Points
- 163
its unfortunate choices are largely made one family rather than fan vote.
If I were king for a day, I'd transfer the France Family's ownership of NASCAR into a non-profit independent entity with leadership elected by the charter owners and track owners.
How much would that cost?
You're really asking for Brian France / France Family to give up ownership of NASCAR? Also ISC and SMS, both of which are publicly traded corporations? Not gonna happen.We have no idea, and that's part of the problem. It could be cost prohibitive for the charter/track owners to buy it out unless BF gave it up voluntarily. Or if NASCAR itself is already bleeding cash then the France Family's interest is effectively worth zero. We have no way of knowing due to NASCAR being a closely held enterprise.
CART tried that and it didn't work because the owners only looked out for their interests.I'd transfer the France Family's ownership of NASCAR into a non-profit independent entity with leadership elected by the charter owners and track owners.
I chip in my 2 cents every day. Does that count towards the purchase?Maybe we could all pitch in and buy it for ourselves.
I'll make it simple. Just PM me your account and routing numbers and I get that right to you.Every l'il bit helps.
Just send it to me. I'll watch over it until we're ready to make an offer.
I'll make it simple. Just PM me your account and routing numbers and I get that right to you.
CART tried that and it didn't work because the owners only looked out for their interests.
How much would that cost?
Bleeding cash? Their current 10% "keep" of the TV revenue stream is around $81 million a year. 8 to go after this season. That figure is $648 million.We have no idea, and that's part of the problem. It could be cost prohibitive for the charter/track owners to buy it out unless BF gave it up voluntarily. Or if NASCAR itself is already bleeding cash then the France Family's interest is effectively worth zero. We have no way of knowing due to NASCAR being a closely held enterprise.