NASCAR's Track Demands

[dpkimmel2001]

Interesting article IMO about Dover 2011's events and television revenue. If you're interested in any of the monetary amounts you can click here. I found the list of NASCAR's track demands interesting and though you may also.....

The standard 2011 sanction agreement and select financial details were filed Wednesday with the SEC by Dover Motorsports because the company is substantially dependent on the two Sprint Cup agreements for Dover International Speedway.

The sanction agreement is virtually the same as 2010. Among the requirements:

• NASCAR can require upgrades to the track, including a repaving or improvements to barriers or fencing. NASCAR must approve any changes to the racing surface, such as the use of sealers.

• Tracks must have $50 million in insurance for spectator injury, property damage, spectator liability, etc., and $1 million of medical malpractice liability.

• The television broadcaster must have $2 million in annual insurance for workers compensation and general liability coverage.

• NASCAR will require the television network to say the official name of the race at least once an hour.

• The television booth must be able to be set at 68 degrees and must accommodate at least five people.

• The control tower must have 14 chairs with cushions, television monitors, and a telephone line.

• NASCAR is provided 225 grandstand seats, 50 parking passes for the NASCAR suite and parking for 325 vehicles for competitors and officials,

• The track must prominently display the NASCAR and NASCAR Sprint Cup logos near entrances as well as on the infield grass or other area visible from the grandstands.

• The track must obtain the rights for any music played over the public-address system during the time the race telecast is on the air in case the music is heard over the air.

• While NASCAR will work with the track in the selection of a new date and time in case of postponement, NASCAR has the final say of when the race will be held.

• The track must adhere to any NASCAR testing policies – a track can’t allow a team to test if a test is banned by NASCAR policy.

• Tracks cannot offer additional awards, such as a bonus to win the race, unless approved by NASCAR.

• If NASCAR is concerned about the track’s ability to pay the purse and fees, NASCAR can require a bond, a letter of credit or some other financial mechanism to guarantee that it will meet its financial obligations.

 

[MRM]

That is an interesting article.

 

[kkfan91]

those chairs with cushions very important

 

[MoMike]

those chairs with cushions very important

Especially at Pocono, and Auto club......(ever try to sleep in a steel folding chair?)

 

[kkfan91]

Especially at Pocono, and Auto club......(ever try to sleep in a steel folding chair?)

No I don't tend to sleep during races either

 

[ted@economy]

Wow,all we need is $6 million and a couple chair pads and we got Sprint Cup at our local track?

 

[HoneyBadger]

Especially at Pocono, and Auto club......(ever try to sleep in a steel folding chair?)

I wouldn't use a seat at Pocono, I'd be on my feet the entire time watching the breathtaking action that track provides more times than not.

 

[SpeedPagan]

Wow,all we need is $6 million and a couple chair pads and we got Sprint Cup at our local track?

Apparently.

 

[MoMike]

I wouldn't use a seat at Pocono, I'd be on my feet the entire time watching the breathtaking action that track provides more times than not.

LOL!!! Funny guy.
You must be referring to the recent truck race, because the cup races are out to lunch there, with the exception being this past year, with "rain on the way"