dpkimmel2001
Team Owner
International Speedway Corp. reported Tuesday that attendance was down about 7 percent on average for NASCAR Cup events at Phoenix, Auto Club Speedway and Martinsville, but officials are encouraged by increases in some younger demographics.
International Speedway Corp. owns 12 tracks that host NASCAR Cup events, including Daytona International Speedway. The company reported its first quarter results in a conference call with investor analysts Tuesday. The first quarter covered only the Rolex 24, Daytona Speedweeks and the Ferrari World Finals.
John Saunders, president of ISC, stated that advanced ticket sales for NASCAR Cup events at ISC tracks in the second quarter — Richmond, Talladega and Kansas — are down 7 percent.
“We’re seeing the rate of decline slow, which is good news,’’ Saunders said to investor analysts. “We’re just in this transition with new drivers coming online, younger drivers resonating with younger audiences. We’re very committed to the initiatives. We’re starting to see them bear fruit, particularly in the younger demographics.
“I would also point out that both in venue and on broadcast, for the first time, we’re seeing double-digit increases for the 18-34 (category). That bodes very well for us. Some bright spots there but a lot of work to do. We remain optimistic that we’re going to stabilize it and grow it from there
Saunders highlighted some areas that have shown increases. He said TV viewership of the Daytona 500 increased about 5 percent from last year and was up 16 percent for males 18-34.
Saunders cited new series sponsor Monster Energy as helping increase the 18-34 numbers. Saunders also said that the Daytona 500 saw an increase of about 5 percent in youth attending the event.
http://nascar.nbcsports.com/2017/04...events-increase-in-some-younger-demographics/
International Speedway Corp. owns 12 tracks that host NASCAR Cup events, including Daytona International Speedway. The company reported its first quarter results in a conference call with investor analysts Tuesday. The first quarter covered only the Rolex 24, Daytona Speedweeks and the Ferrari World Finals.
John Saunders, president of ISC, stated that advanced ticket sales for NASCAR Cup events at ISC tracks in the second quarter — Richmond, Talladega and Kansas — are down 7 percent.
“We’re seeing the rate of decline slow, which is good news,’’ Saunders said to investor analysts. “We’re just in this transition with new drivers coming online, younger drivers resonating with younger audiences. We’re very committed to the initiatives. We’re starting to see them bear fruit, particularly in the younger demographics.
“I would also point out that both in venue and on broadcast, for the first time, we’re seeing double-digit increases for the 18-34 (category). That bodes very well for us. Some bright spots there but a lot of work to do. We remain optimistic that we’re going to stabilize it and grow it from there
Saunders highlighted some areas that have shown increases. He said TV viewership of the Daytona 500 increased about 5 percent from last year and was up 16 percent for males 18-34.
Saunders cited new series sponsor Monster Energy as helping increase the 18-34 numbers. Saunders also said that the Daytona 500 saw an increase of about 5 percent in youth attending the event.
http://nascar.nbcsports.com/2017/04...events-increase-in-some-younger-demographics/