NASCAR Death Bed

Revman said:
I think NASCAR will be okay. In my narrow view of NASCAR fandom, I thought that we were alone in our constant criticism of the sport we supposedly love. Then, I watched arguably one of the greatest days of NFL football I have ever seen. Although I do not have a strong allegiance to any of the four teams, I do pick a team to root for as I hate the mentality of just wanting to see a couple of good games ("great racing'"). One of my picks won. One lost. Sat back at the end of the day, and thought, wow, that is just what "fans" would want. Then, I peeked at social media, and here it comes.....poor officiating, rule changes, hatred for a guy who wins all of the time, etc., etc., etc......Felt like NASCAR had started already. My conclusion: This era of sports fandom sucks, and it is particularly profound because we are a relatively small niche group. People are good. We will figure it out. Just a matter of time.
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eh, long ago in a world far and away, watching a good contest in sports wasn't cluttered with the world's best arm chair critics of the internet. Their wife's or husbands had to deal with it, now we all have to put up with it. Watched one of the best off season races of the year and the same thing happened. We are so spoiled by being able to watch so many racing events that I think many are burned out. They sound like it sometimes, some all of the time.
 
Nascar is in a league of its own when it comes to being criticized by people that watch it. NFL fans are righteously indignant about the awful officiating and some are in a twist about the Pats being so successful but that is about it.
 
Remember, JTG is a mid-field team:


The ROI is there.:idunno:

Kroger has received a lot of interest, but it is what it is with Lowe's. Menards still represents NASCAR in a big way.
 
So, Lowes decided to spend their advertising dollars with a sport that will give them a return on their investment. Color me surprised...lol.
 
Towmater said:
So, Lowes decided to spend their advertising dollars with a sport that will give them a return on their investment. Color me surprised...lol.
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I think Lowes backed out because of the price tag at HMS as well as the competition they get from Menards. Maybe JJ not doing so well, they figured why not bail now.
 
Team Penske said:
I think Lowes backed out because of the price tag at HMS as well as the competition they get from Menards. Maybe JJ not doing so well, they figured why not bail now.
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well noted in the press they changed C.E.O.'s from one who was a racing fan to what they have now. But drama. from over a year ago.
 
I read somewhere that in the last few years Lowe’s was not spending nearly as much as they once were with HMS. It makes sense in light of the rapidly declining sponsorship market.

I have heard it said that many of the companies that have or do sponsor Nascar have CEO’s that are race fans. When those CEO’s get ousted one of the first things that happens is Nascar gets the money spigot shut off.

If a CEO has any pet project like racing and wastes millions of dollars on it he surely is not maximizing shareholder value.
 
StandOnIt said:
where did you read that?
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I read it on this site but I can’t remember much else. The gist of the story was that Lowe’s used to pay handsomely but substantially reduced that amount. IDK if this was when a new deal was signed or if this occurred in the middle of a deal.
 
Sponsorships come and go. That's the nature of sports. Looks like JJ is fully funded for 2019, so what else matters? Not a person on this forum knows what goes on in any of the teams finances. Wrangler Jeans role changed from the 1987 season (championship season), to being an associate sponsor on the RCR #3 in 1988, did the wheels run off that team? Dont think so. Did GM Goodwrench offer more? Im guessing they did. Its the nature of the business. So Lowes left, it aint the end of the world to me. Im sure they leave satisfied they partnered with a seven time champion. Just business, that's all.
 
mack said:
Sponsorships come and go. That's the nature of sports. Looks like JJ is fully funded for 2019, so what else matters? Not a person on this forum knows what goes on in any of the teams finances. Wrangler Jeans role changed from the 1987 season (championship season), to being an associate sponsor on the RCR #3 in 1988, did the wheels run off that team? Dont think so. Did GM Goodwrench offer more? Im guessing they did. Its the nature of the business. So Lowes left, it aint the end of the world to me. Im sure they leave satisfied they partnered with a seven time champion. Just business, that's all.
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RPM struggles with sponsorship and SHR has to have Gene’s company pitch in for multiple races per year. Hopefully things will get sorted out and as the teams learn to live with less sponsors will want to become involved for less
 
the 41 car is Gene's car. Has been since he added it when they had three and went to 4 cars. He hired Kurt and he fired Kurt and hired Suarez. "the more ya know"
 
StandOnIt said:
the 41 car is Gene's car. Has been since he added it when they had three and went to 4 cars. He hired Kurt and he fired Kurt and hired Suarez. "the more ya know"
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The 14 must be Gene’s car too as Haas Automation has sponsored it multiple times. I think Gene has even sponsored the 10 car a time or two so that might be his car too.

I still think guys like Rick Hendrick, Richard Childress, Gene Haas and Roger Penske really prefer to self sponsor.
 
mack said:
Sponsorships come and go. That's the nature of sports. Looks like JJ is fully funded for 2019, so what else matters? Not a person on this forum knows what goes on in any of the teams finances. Wrangler Jeans role changed from the 1987 season (championship season), to being an associate sponsor on the RCR #3 in 1988, did the wheels run off that team? Dont think so. Did GM Goodwrench offer more? Im guessing they did. Its the nature of the business. So Lowes left, it aint the end of the world to me. Im sure they leave satisfied they partnered with a seven time champion. Just business, that's all.
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The difference between now and then is sizable. The championship team that lost Wrangler didn't fold. The Xfinity team that raced for championships collapsed when a certain solar company got raided. Yep, they WERE satisfied with their partnership and when they weren't - they bailed and went to the NFL.
 
Towmater said:
The difference between now and then is sizable. The championship team that lost Wrangler didn't fold. The Xfinity team that raced for championships
collapsed when a certain solar company got raided. Yep, they WERE satisfied with their partnership and when they weren't - they bailed and went to the NFL.
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Big whoop. Maybe RCR managed their finances better than teams do today. Maybe they got by on less bling and and focused more on performance. The modern approach to racing has made it far too expensive. To many engineers, not enough actual race people. Guys used to get involved with racing because they loved racing. When racing became mainstream popular, guys started coming to the sport for money and not a love if racing. Hence, no personalities anymore. Whether or not every team is fully funded or not, I bet they'll still line up 40 for the Daytona 500. Lowes won't be there, I'll be watching just the same.
 
mack said:
Big whoop. Maybe RCR managed their finances better than teams do today. Maybe they got by on less bling and and focused more on performance. The modern approach to racing has made it far too expensive. To many engineers, not enough actual race people. Guys used to get involved with racing because they loved racing. When racing became mainstream popular, guys started coming to the sport for money and not a love if racing. Hence, no personalities anymore. Whether or not every team is fully funded or not, I bet they'll still line up 40 for the Daytona 500. Lowes won't be there, I'll be watching just the same.
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Based upon reports of what some of the drivers are now getting paid we won’t have to worry about anyone showing up for the money much longer.
 
oh the experts here.
According to Forbes, thanks to salaries, endorsements, and a piece of purses and licensing, the 12 highest-paid drivers in NASCAR earned a combined $168 million during the 2016 season. Do we have your attention now? Good.
 
StandOnIt said:
oh the experts here.
According to Forbes, thanks to salaries, endorsements, and a piece of purses and licensing, the 12 highest-paid drivers in NASCAR earned a combined $168 million during the 2016 season. Do we have your attention now? Good.
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I was speaking of the year 2017 and the reported salaries (salary not other compensation) of drivers Bowman and Byron. I didn’t click the link but it looks like you are dealing in older info that don’t include these guys.
 
oh I thought you said driver's getting paid..now it is just salaries without other compensation(mo money) :booya: reports.

Based upon reports of what some of the drivers are now getting paid we won’t have to worry about anyone showing up for the money much longer.
 
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StandOnIt said:
oh I thought you said driver's getting paid..now it is just salaries without other compensation(mo money) :booya: reports.. cough cough

Based upon reports of what some of the drivers are now getting paid we won’t have to worry about anyone showing up for the money much longer.
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With sponsorships being cut drastically it obviously will impact a driver’s income drastically. If that is the case drivers won’t be lining up to come to the series for the money.
 
IanMcVittie said:
The 14 must be Gene’s car too as Haas Automation has sponsored it multiple times. I think Gene has even sponsored the 10 car a time or two so that might be his car too.

I still think guys like Rick Hendrick, Richard Childress, Gene Haas and Roger Penske really prefer to self sponsor.
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I've NEVER known Roger Penske to race very much on his own dime. He might fill in a small gap somewhere, but not as a rule. Hendrick is the same way. Childress really doesn't fit into that group because he doesn't have much of a business empire like the other three to take sponsorship dollars from. Haas is an animal all to himself. He obviously isn't as concerned with how much money he spends on racing.
 
IanMcVittie said:
With sponsorships being cut drastically it obviously will impact a driver’s income drastically. If that is the case drivers won’t be lining up to come to the series for the money.
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What is the fan worry regarding driver incomes? Is there fear that up and coming racecar drivers are going to defect to the investment banking world instead?

There is certainly legitimate concern about the financial model for teams. Acknowledging that and discussing potential solutions is perhaps useful. Daily doomsday harping about it is not.
 
mack said:
Sponsorships come and go. That's the nature of sports. Looks like JJ is fully funded for 2019, so what else matters? Not a person on this forum knows what goes on in any of the teams finances. Wrangler Jeans role changed from the 1987 season (championship season), to being an associate sponsor on the RCR #3 in 1988, did the wheels run off that team? Dont think so. Did GM Goodwrench offer more? Im guessing they did. Its the nature of the business. So Lowes left, it aint the end of the world to me. Im sure they leave satisfied they partnered with a seven time champion. Just business, that's all.
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I seem to recall that a change in ownership played a big roll in Wrangler no longer being the primary sponsor of the RCR #3. In 1986, VF Corporation, owner of Levi's bought Blue Bell Inc, the company behind Wrangler. I believe I remember reading articles in Winston Cup Scene that indicated that when Wrangler's deal when RCR came up for renewal, VF was unwilling to continue primary sponsorship, at least at the levels the soon to be three time Cup champion was commanding. How much GM's willingness to write a big check to their newest superstar, I can't say. If anybody has any more information on this, please come forward, but I'm under the impression that VF bailed, and GM was only too happy to step in.
 
gnomesayin said:
What is the fan worry regarding driver incomes? Is there fear that up and coming racecar drivers are going to defect to the investment banking world instead?

There is certainly legitimate concern about the financial model for teams. Acknowledging that and discussing potential solutions is perhaps useful. Daily doomsday harping about it is not.
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I don’t think anyone on the forum is worried about driver pay or the financial models for teams do you? As far as I know there is no one here with the power to change anything anyway.
 
Formerjackman said:
I've NEVER known Roger Penske to race very much on his own dime. He might fill in a small gap somewhere, but not as a rule. Hendrick is the same way. Childress really doesn't fit into that group because he doesn't have much of a business empire like the other three to take sponsorship dollars from. Haas is an animal all to himself. He obviously isn't as concerned with how much money he spends on racing.
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I guess Gene figures he can alwsys bilk the taxpayers again if he runs low on funds.
 
IanMcVittie said:
I don’t think anyone on the forum is worried about driver pay or the financial models for teams do you? As far as I know there is no one here with the power to change anything anyway.
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I'm concerned about the latter, as team viability has a direct impact on the quality of the product and so many of the lives involved in the sport. I've seen others express that the teams need more support from the series and improvements to the model. In some ways they've received that, but there is much room for debate on what can be done.

I'll ask again about the utility of the observation regarding a decline in driver incomes, as I don't see it.

It's a fan discussion forum. "Power to change anything" has nothing to do with it. Those who can do, and those who can't talk about it. There's nothing wrong with that, I'm just interested in discussions that have a point.
 
IanMcVittie said:
I read somewhere that in the last few years Lowe’s was not spending nearly as much as they once were with HMS. It makes sense in light of the rapidly declining sponsorship market.

I have heard it said that many of the companies that have or do sponsor Nascar have CEO’s that are race fans. When those CEO’s get ousted one of the first things that happens is Nascar gets the money spigot shut off.

If a CEO has any pet project like racing and wastes millions of dollars on it he surely is not maximizing shareholder value.
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Lowe's was still spending as much as ever to sponsor the 48. The company was struggling financially for many reasons, mainly because the CEO was a ******* and a decade of poor decision making finally caught up with them. Lowe's forced him out and brought in a new CEO, who has done a really good job of quickly turning things around and they decided to spend their marketing dollars with the NFL to "compete" with Home Depot sponsoring NCAA football. FYI, the new Lowe's CEO used to be with Home Depot before he was CEO at JCPenney.

Bottom line, I think Lowe's leaving NASCAR has very little to do with the current state of our sport.
 
2 Sweet said:
Lowe's was still spending as much as ever to sponsor the 48. The company was struggling financially for many reasons, mainly because the CEO was a dipsh!t and a decade of poor decision making finally caught up with them. Lowe's forced him out and brought in a new CEO, who has done a really good job of quickly turning things around and they decided to spend their marketing dollars with the NFL to "compete" with Home Depot sponsoring NCAA football. FYI, the new Lowe's CEO used to be with Home Depot before he was CEO at JCPenney.

Bottom line, I think Lowe's leaving NASCAR has very little to do with the current state of our sport.
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It is just a shame that for whatever reasons both Lowe’s and the HD walked away. Just like beer sponsors they seem a good fit.
 
2 Sweet said:
Lowe's was still spending as much as ever to sponsor the 48. The company was struggling financially for many reasons, mainly because the CEO was a dipsh!t and a decade of poor decision making finally caught up with them. Lowe's forced him out and brought in a new CEO, who has done a really good job of quickly turning things around and they decided to spend their marketing dollars with the NFL to "compete" with Home Depot sponsoring NCAA football. FYI, the new Lowe's CEO used to be with Home Depot before he was CEO at JCPenney.

Bottom line, I think Lowe's leaving NASCAR has very little to do with the current state of our sport.
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it goes right over their heads..because? agenda.
 
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