RTA exploring exhibition races

Saw all of this unfold last night on the Twitter machine. I think it’s just (or hope) a negotiating tactic from the RTA as the TV Negotiations are set to begin here. I don’t think anyone would get stronger from exhibition races that could potentially turn into a series away from the NASCAR umbrella...I want to see these fellas and teams compete at the highest level. NASCAR is that highest level with tv presentation, tracks, safety. One other poster made the comparison of this breakaway exhibition as SRX on steroids. For as fun as SRX was and a great job to all involved with that, for me personally viewing it felt minor league compared to what nascar does every week. While I would definitely be intrigued about a break away series that an exhibition race could spawn (folks saying Dale Jr could run it...I think Tony Stewart would be a better choice. Like a Greg Norman for LIV Tour) with rules that long time fans desire like a full season points championship along with a schedule heavy on short tracks, I just caution it with look at the damage the CART/Indy split caused. It’s a cautionary tale, neither was the same after that time apart.
 
Another thing to consider here is this is assuming the drivers actually are willing to compete in it. I'm guessing they wouldn't be contractually obligated to. This sport has an already short off-season I think this might be tough sale to some

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So now the RTA is a bunch of death bedders?
The residual impact of Brian France is still being felt.
 
There are quite a few top nascar drivers that have made their fortunes in Nascar. In my opinion, I think most of them love racing, period. A chance to go back and race Super Late Models at various venues around the country would excite most of them. Less Travel, shorter races, more family time etc etc. They have made their fortune, why not?

Note: After seeing that Drone video of HMS, I can see why they may be in the red. But, I have to keep in mind, the tax laws at that level of income are fraught with loop holes allowing for showing loses over gains. That is why Tax Attorneys are the highest paid attorneys in the world.
 
Eddie Gossage made a good point, he said the RTA may hurt the NASCAR negotiations with the TV Networks by trying to back door them with this "exhibition series" and could be cutting their own throats.
 
Hoping the drivers and teams get what they want/deserve. As others have said, they are the reason people tune in, they are the reasons you could possibly get those huge tv contracts.
 
Greg said:
I think so and to be honest I never liked him so I could be one sided myself.

I believe this all will pass with no major disruptions..
I just want the RTA to keeping chipping away at the benevolent dictatorship mythology.
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Im all for teams getting more money but I was surprised the Tracks got the lions share of the money not NASCAR ( NASCAR Tracks Count, I get that) But the Sanctioning body take is what 10%?
 
Spotter22 said:
Im all for teams getting more money but I was surprised the Tracks got the lions share of the money not NASCAR ( NASCAR Tracks Count, I get that) But the Sanctioning body take is what 10%?
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I think they get a lot of it back due to owning a lot of tracks themselves.
Still getting to keep a lot of the money while also getting great PR look for taking only 10% under the Nascar column.

note: I haven't looked at the actual breakdown in quite a while, posting on an assumed ~10% cut for Nascar
 
Gossage's concern is something to look at. He's a former track manager who is out of the loop with the rest of them. On the other hand what he is saying could motivate the Nascar brass out of that fear. :idunno:
 
Greg said:
I think they get a lot of it back due to owning a lot of tracks themselves.
Still getting to keep a lot of the money while also getting great PR look for taking only 10% under the Nascar column.

note: I haven't looked at the actual breakdown in quite a while, posting on an assumed ~10% cut for Nascar
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I did some quick math,Tracks get 65% so NASCAR i think has 9 active tracks it owns, not sure how they Handle Homestead but the Networks will pay 820 million this year, thats 533 million for the tracks so NASCAR Tracks would get around 30 million each And I believe the same for SMI also with 9 tracks. May have missed it a little but that should be close. Seems like they could at least move 10% more to the teams.
 
AndyMarquisLive said:
He has a point, yes.

I think NASCAR is already lowballing themselves only seeking $1bn though.
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I agree, the NBA is getting an average of 2.6 Billion a year and from what I heard they are only asking for a 10-15% increase so that would put them at only $950 Million a year. Way to low.
 
cheesepuffs said:
And? You think they want to let that go? That's not how capitalism works.
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I simply posted the last available SMI SEC filing figure in order to demonstrate that hosting NASCAR events at their various facilities is a very profitable business.

Obviously the track operators would like the size of their slice of the pie to remain the same. Will it? I doubt it. Naturally, I could be wrong.

Your tone is offensive. Everyone seems to be throttling that back. Read the room.
 
If you confuse the marginal fan which NASCAR has been chasing, both entities lose....and they will lose. Hello CART/IRL.....Tell ya what, back then, I said, "No way!" when my buddy said it could all fall apart as we sat in the packed Portland International grandstands. When rich guys get into a big dick contest, there is no end to what they are willing to **** up.
 
Spotter22 said:
I agree, the NBA is getting an average of 2.6 Billion a year and from what I heard they are only asking for a 10-15% increase so that would put them at only $950 Million a year. Way to low.
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If the pie is bigger, than the pieces are bigger. If NASCAR were to get say $1.5bn/year, which is almost double what they get now, then the teams would get double the money they're getting.

Since NASCAR owns half the tracks and would be taking in most of that money, it's almost like they don't care if they only get a marginal increase instead of a substantial one.

One of my theories, keeping in mind that Fox pays significantly less for TV rights than NBC and gets significantly more return, is that NASCAR values its relationship with Fox so much that they're willing to take less money than it would get in a proverbial NBC/Amazon/ESPN deal. It's the second half of the schedule that's always a bidding war. ESPN outbid NBC in the 2007 package (and got Xfinity, but no Daytona 500), then NBC outbid ESPN for the 2015 package. And NBC ended up getting a lot less (having to split the Xfinity Series with Fox, no Daytona 500, and now no Brickyard 400).
 
AndyMarquisLive said:
If the pie is bigger, than the pieces are bigger. If NASCAR were to get say $1.5bn/year, which is almost double what they get now, then the teams would get double the money they're getting.

Since NASCAR owns half the tracks and would be taking in most of that money, it's almost like they don't care if they only get a marginal increase instead of a substantial one.

One of my theories, keeping in mind that Fox pays significantly less for TV rights than NBC and gets significantly more return, is that NASCAR values its relationship with Fox so much that they're willing to take less money than it would get in a proverbial NBC/Amazon/ESPN deal. It's the second half of the schedule that's always a bidding war. ESPN outbid NBC in the 2007 package (and got Xfinity, but no Daytona 500), then NBC outbid ESPN for the 2015 package. And NBC ended up getting a lot less (having to split the Xfinity Series with Fox, no Daytona 500, and now no Brickyard 400).
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you are assuming a linear scale. if NASCAR gets 1.5 bn/year whose to say they wont keep more of the pie for themselves
 
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