Race Team Alliance News

gnomesayin said:
ESPN didn't so much buy the U.S. F1 rights as claim them. They aren't paying a rights fee, and it appears they won't even be sending a crew or announcers to the races, but instead will be simulcasting the international feed produced from Britain. NBC originally wanted to continue, but dropped out over F1's insistence on establishing their own subscription streaming service, which NBC didn't want to compete against for viewers. While the North American races will air prominently on ABC, the bulk of F1 broadcasting is clearly headed in a different direction. I do look for the USGP to continue to make gains, and if the new F1 ownership is serious about adding another American date or two, the series could become much more relevant here. Of course even as it has declined, worldwide viewership of F1 dwarfs any other form of racing.
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That isn't my point either..never mind.
 
gnomesayin said:
ESPN didn't so much buy the U.S. F1 rights as claim them. They aren't paying a rights fee, and it appears they won't even be sending a crew or announcers to the races, but instead will be simulcasting the international feed produced from Britain. NBC originally wanted to continue, but dropped out over F1's insistence on establishing their own subscription streaming service, which NBC didn't want to compete against for viewers. While the North American races will air prominently on ABC, the bulk of F1 broadcasting is clearly headed in a different direction. I do look for the USGP to continue to make gains, and if the new F1 ownership is serious about adding another American date or two, the series could become much more relevant here. Of course even as it has declined, worldwide viewership of F1 dwarfs any other form of racing.
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I appreciate the perspective very much and I know that F1 worldwide like Soccer draws big numbers. Frankly I don't see any value in in comparing F1 and Indy Car to Nascar as they audiences and cars are completely different but other folks see it differently and I can appreciate that.
 
I'm pretty sure I addressed your point along with a couple of others, but if not, so be it. I was mainly correcting the record on a couple matters.
 
Looks like a bunch of opinions without any facts to me. I already know most of what you are saying, but no numbers of who paid what aren't public. but that wasn't the point I was making anyway so there is that. Facts are 7 more years give or take on Nascar's contract, F-1 despite it's really low viewership is continuing.
 
StandOnIt said:
Looks like a bunch of opinions without any facts to me. I already know most of what you are saying, but no numbers of who paid what aren't public. but that wasn't the point I was making anyway so there is that. Facts are 7 more years give or take on Nascar's contract, F-1 despite it's really low viewership is continuing.
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JMO but I don't think it is so much a case of people missing your point as simply not seeing the relevancy or connection.
 
gnomesayin said:
They aren't paying a rights fee.
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Not an opinion, widely reported. NBC was reported to be paying $3 million annually under the prior deal. I'm not sure what your interest is not believing those reports. Does it help whatever case you're making about how tiny F1 is if ESPN is paying $100 million a year?

gnomesayin said:
it appears they won't even be sending a crew or announcers to the races, but instead will be simulcasting the international feed produced from Britain.
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Partially confirmed, generally accepted at this point, we'll know soon.

gnomesayin said:
NBC originally wanted to continue, but dropped out over F1's insistence on establishing their own subscription streaming service, which NBC didn't want to compete against for viewers.
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Confirmed by NBC themselves.

gnomesayin said:
I do look for the USGP to continue to make gains, and if the new F1 ownership is serious about adding another American date or two, the series could become much more relevant here.
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Opinion, clearly stated as such, partially based on public statements by Liberty Media.

gnomesayin said:
Of course even as it has declined, worldwide viewership of F1 dwarfs any other form of racing.
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Fact.

Obviously NASCAR is much, much more popular in the U.S. than F1 is, and a portion of my post was bolstering that reality. Any direct comparison between the two is a bit silly with the exception of the USGP. Most Americans and American TV networks for that matter aren't going to take F1 that seriously until there is a genuine American presence. It may be moving in that direction, but there's a ways to go.
 
gees bud, here is what I said..but thanks for the history lesson. Point is for the unteenth time

StandOnIt said:
That a a very long winded same ol same ol. But the facts are that Nascar has 6 times the viewership of F-1 the numbers are there. Another fact is that ESPN just bought the rights for a multi year contract to broadcast the F-1 races. No matter how you slice it, them is the facts as they say. 7 more years for Nascar. Facts
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Don't mind me too much, I'm feisty tonight. But i was posting relevant info jumping off what others had said. There is room for multiple points, and I wasn't even disagreeing with your main one for the time being.
 
Greg said:
I think sooner or later the RTA will br seeking a higher percentage of the TV money than the current 25%.
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The tracks and NASCAR get too much as is. I would have to look up the article or statistics and who gets what from the TV deal, but the teams need more (especially in NXS & NCWTS).
 
jws926 said:
There are 38 teams set to run full time in 2018.
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From what I see there is 35 full time teams as of now. That does not count BK Racing (23 & 83), TriStar Motorsports (72), or StarCom Racing (00), or MBM Motorsports (66), RCR (27).

I'm going to assume Jay Robinson & Premium Motorsports will run 2 full time cars with at least 1, if not both, being chartered.
 
Formerjackman said:
It doesn't matter if they watch every second of every race. If the sponsors don't see a bump in product sales to go along with it, you have nothing.
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Heck, I can't claim to have any loyalty to NASCAR sponsors after 20+ years. For me, sponsorship is only the final tie breaker in my purchasing decisions.
 
gnomesayin said:
ESPN didn't so much buy the U.S. F1 rights as claim them. They aren't paying a rights fee, and it appears they won't even be sending a crew or announcers to the races, but instead will be simulcasting the international feed produced from Britain. NBC originally wanted to continue, but dropped out over F1's insistence on establishing their own subscription streaming service, which NBC didn't want to compete against for viewers. While the North American races will air prominently on ABC, the bulk of F1 broadcasting is clearly headed in a different direction. I do look for the USGP to continue to make gains, and if the new F1 ownership is serious about adding another American date or two, the series could become much more relevant here. Of course even as it has declined, worldwide viewership of F1 dwarfs any other form of racing.
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Lemme see if'n I'm 'standing y'all: ESPN doin' this on the cheap?
 
Charlie Spencer said:
Lemme see if'n I'm 'standing y'all: ESPN doin' this on the cheap?
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ESPN is going broke, they stand to lose almost a billion this year and they are securing F1 broadcast rights? This doesn't seem like a wise thing to do seeing how they are facing a lot of backlash and losing viewers!
 
Mopardh9 said:
ESPN is going broke, they stand to lose almost a billion this year and they are securing F1 broadcast rights? This doesn't seem like a wise thing to do seeing how they are facing a lot of backlash and losing viewers!
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1) They're certainly not going broke.
2) They're getting it for free.

One of the head honchos at Liberty Media, who now own F1, was formerly an executive at ESPN. After NBC and F1 severed ties it was a pretty natural connection.
 
AuzGrams said:
The tracks and NASCAR get too much as is. I would have to look up the article or statistics and who gets what from the TV deal, but the teams need more (especially in NXS & NCWTS).
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I think this is still true today, or at least is very close.

In a news release to announce the impact of the schedule changes and the new 10-year television deal that goes into effect next season, track operator International Speedway Corp. said the split will remain at 65 percent to the tracks, 25 percent to the teams through the purse and 10 percent to NASCAR.
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Neither ISC nor NASCAR would say Wednesday whether the distribution among the three national series has changed. In past corporate filings, Dover has said 93.75 percent of the TV package went to Sprint Cup, 5.75 percent to Nationwide and 0.5 percent to trucks.
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http://www.sportingnews.com/nascar/...team-owners-nascar/1wz7zn27zmydz1g83sfupj4dwc
 
That is different now. If teams own charters they get a base amount for each race and a higher percentage of the winnings than a non charter team gets.
 
StandOnIt said:
That is different now. If teams own charters they get a base amount for each race and a higher percentage of the winnings than a non charter team gets.
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This is from Dover's 3Q 10-Q:

Under the terms of our sanction agreements with NASCAR, we receive a portion of the broadcast revenue NASCAR negotiates with various television networks. NASCAR retains 10% of the gross broadcast rights fees allocated to each NASCAR-sanctioned event as a component of its sanction fee. The remaining 90% is recorded as revenue. The event promoter is required to pay 25% of the gross broadcast rights fees to the event as part of the awards to the competitors, which we record as operating expenses.
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gnomesayin said:
NBC originally wanted to continue, but dropped out over F1's insistence on establishing their own subscription streaming service, which NBC didn't want to compete against for viewers.
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This is why you can count out any sort of standalone streaming package for NASCAR, too. FOX and NBC aren't going to give up their exclusive TV Everywhere rights.
 
yeah “All the teams know what they are racing for, it’s listed in the charter agreements,” said Steve O’Donnell, NASCAR’s executive vice president and chief racing officer. “Teams are aware and tracks are aware. We’re not hiding anything from the team owners in the tracks.”
 
Greg said:
I think sooner or later the RTA will br seeking a higher percentage of the TV money than the current 25%.
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For sure, that is the big enchilada to the RTA. The current 25% share is locked in for the duration of the TV contract by the charter agreements, I believe. When TV renegotiation time comes, I expect the money splits to be a major battleground between the teams and the tracks and Nascar. But the RTA may have to stand pat until the next TV deal... or maybe not??
 
“Everything is better the way that they’ve formatted the purse now, it’s more of a linear line instead of a weird looking line,” Hamlin said. “When this happened, it forced everyone to go back to the drawing board and figure out what was a fair amount because the buckets got switched around a whole lot as far as purses were concerned. I think in the end, we’re all out here and I think everyone feels like they have a fair deal at this point. It’s all for the better I believe, but we would like to see the numbers get posted.

“I don’t know what the benefit is from keeping it from the public.”
http://www.charlotteobserver.com/sports/nascar-auto-racing/thatsracin/article70605737.html
 
LewTheShoe said:
For sure, that is the big enchilada to the RTA. The current 25% share is locked in for the duration of the TV contract by the charter agreements, I believe. When TV renegotiation time comes, I expect the money splits to be a major battleground between the teams and the tracks and Nascar. But the RTA may have to stand pat until the next TV deal... or maybe not??
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There may be 20 car fields if they wait that long as it is the teams that are taking it on the chin as they are the only ones dealing with the realities of the marketplace. Both Nascar and the tracks are operating under the protection of the broadcast contracts and are not subject to the realities of low attendance and low viewership. The erosion of Nascar's fan base continues unabated and until that problem is quelled it will be a game of hot potato.

StandOnIt said:
“Everything is better the way that they’ve formatted the purse now, it’s more of a linear line instead of a weird looking line,” Hamlin said. “When this happened, it forced everyone to go back to the drawing board and figure out what was a fair amount because the buckets got switched around a whole lot as far as purses were concerned. I think in the end, we’re all out here and I think everyone feels like they have a fair deal at this point. It’s all for the better I believe, but we would like to see the numbers get posted.

“I don’t know what the benefit is from keeping it from the public.”
http://www.charlotteobserver.com/sports/nascar-auto-racing/thatsracin/article70605737.html
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Nascar is likely paying a lot less out in purse money overall which is one reason why they probably don't want that info coming to light. For years Nascar announced ridiculously high attendance figures at tracks but when thousands of seats got ripped out and still thousands went unsold they stopped announcing attendance. One year at Pocono Nascar announced a crowd of 100K but someone commissioned a study to count the people in the stands and infield and it was less than 50K.

The point is if Nascar has good news about a robust series they would shout it from the roof tops but right now they are trying to manage a series that is getting smaller by the year and normally you don't crow about that sort of thing.
 
LewTheShoe said:
For sure, that is the big enchilada to the RTA. The current 25% share is locked in for the duration of the TV contract by the charter agreements, I believe. When TV renegotiation time comes, I expect the money splits to be a major battleground between the teams and the tracks and Nascar. But the RTA may have to stand pat until the next TV deal... or maybe not??
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Hopefully before the next TV deal. They have already cut driver salaries, and having to try to put together sponsorship deals for BS like the race at Indianapolis. Necessity will drive the demand.

Track downsizing aka right sizing isn't a great sacrifice either, they were not selling, they just reduced overhead on an already existing non value. They built tracks that look very similar while making sure that got the biggest cut from the TV deal.
 
Greg said:
Hopefully before the next TV deal. They have already cut driver salaries, and having to try to put together sponsorship deals for BS like the race at Indianapolis. Necessity will drive the demand.

Track downsizing aka right sizing isn't a great sacrifice either, they were not selling, they just reduced overhead on an already existing non value. They built tracks that look very similar while making sure that got the biggest cut from the TV deal.
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It has been reported that the salary for new drivers is about 15K per race and as old contracts expire and new ones are signed they will be for significantly less. If I were a team owner I would give my driver(s) next to nothing in terms of a salary but I would make sure they were paid generously if they performed well and earned well. I would give them targets and percentages they could earn at different levels so they would know where they were and settle up with them after each 9 race segment.
 
So, did the RTA get those cheaper hotel rates they were after?
 
StandOnIt said:
“Everything is better the way that they’ve formatted the purse now, it’s more of a linear line instead of a weird looking line,” Hamlin said. “When this happened, it forced everyone to go back to the drawing board and figure out what was a fair amount because the buckets got switched around a whole lot as far as purses were concerned. I think in the end, we’re all out here and I think everyone feels like they have a fair deal at this point. It’s all for the better I believe, but we would like to see the numbers get posted.

“I don’t know what the benefit is from keeping it from the public.”
http://www.charlotteobserver.com/sports/nascar-auto-racing/thatsracin/article70605737.html
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Hamlin, he's the voice of Nascar ....seriously? :rolleyes:
 
I have asked a couple times about the disappearance of Clarence but it was crickets. The only thing I noticed was he seemed frustrated and appeared to be an unhappy camper in some of his later posts. Hopefully his as fit as a fiddle wherever he is.
 
TexasRaceLady said:
I have sent numerous emails to the only email address I have.
No reply to any of them. :(
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I really miss Ted and I know you attempted several times to contact him. He posted regularly until right around the Daytona 500 and then disappeared. If I ever decide to disappear I am announcing it as there probably will be one heck of a party and I don't want to miss it!
 
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