I was going to disagree but this post really made me pause and think for a bit. I really can’t find any reason to disagree and I never thought of it in this context. Well done.
This discussion can always go in circles all I'm saying is before teams start demanding more money in order to be profitable maybe they need to look at why they can't turn a profit already when bringing in millions in sponsorship.
Trickle's pain issue was in his torso though. COULD it be related to some type of brain damage? I suppose that is possible, but I haven't seen it even suggested anywhere.
Here's just ONE of the things that complicates the issue. Brett Griffin, who's real job involves such things has been adamant that attendance at the tracks needs to improve, and the facilities need to improve because it effects the perception of sponsors and potential sponsors when they bring them to the track, and that IS important. The problem comes when you have TV networks doing solely what is in THEIR best interest to the detriment of at track attendance. This is the kind of thing I mean when I talk about people having to do the RIGHT thing, not just what suits them best if this sport is going to move forward and return to its former glory. EVERYBODY needs to get in a room, and EVERYBODY is going to have to be willing to give a little or basically nothing changes.
I am curious, why do you think more money should go to the teams? I am not sure Penske, JGR, Hendrick really need more money. Look at how they spend it now. As for the tracks, many tracks have made significant upgrades over the years and others could still enhance the whole racing experience.I If there is "extra" money floating around to be doled up, I vote that it either goes to the tracks or the Xfinity or Truck series. Most of those teams could use some extra dollars.
Suspending a crew member is usually done either because of an unsafe act or because a competitive advantage was found. The penalty is supposed to act as a deterrent.
It's an incentive to do a better job going forward. Does suspending the A pit crew and replacing them with people who aren't on the A team any different?
It DOESN'T to me, I am kind of the mentality of this is the Cup Series, and you either put your big boy pants on and get to work or go home. That's why I'm not a fan of charters and guaranteed spots in the field. It IS naive though to pretend it doesn't cause some ancillary problems. I think what you MAY be seeing now though is some of the new generation owners who are not willing to follow the old business model. It seems quite apparent that Michael Jordon looks at his investment racing as just that, an investment, and he expects a return on his money. Is that realistic? I would have always said no in the past, but as they keep telling me, times they are a changing.
I never really thought JJ's Pocono accident was a reason for his decline but looking back it certainly could be possible. Jimmie was not the same after that crash.
Do you think JGR, Penske and Hendrick are losing money? I don't believe it for a second. For example, Forbes shows JGR net worth of $230 million, revenue of $135 million, with a profit of $5 million for 2020, which was during the peak of the virus.
I would suggest Forbes stick to things they know about, and racing isn't one of them. I wouldn't put one ounce of trust in ANY of these publicly floated numbers. You can make the books say anything you want to. Do some teams make a profit from time to time? I'm sure some do, when it suits their purposes. Richard Childress clearly got wealthy being a car owner, but he had the greatest money machine in the history of American motorsports for a driver too. I remember a quote from Harry Ranier in Winston Cup Scene back in the day about his racing team needing to show a profit every seven years. You can SAY JGR is worth 230 million, and it may well BE on the books, but sell it tomorrow and see how much money you get for it, four charters or not. You can BUY assets, but you only rent people, and people have ALWAYS been a race team's greatest asset.
You have to remember the jackman is expert on all things. Financial experts with knowledge of net worth mean nothing.
Do you want to make a substantive argument about anything I said, or just be a dick about it? For the record, I don't put much stock in ANY of these richest driver, richest celebrity, yada yada yada. Far too many variables that you would be lucky if the IRS knew about, let alone some magazine. The actually net worth of individuals and privately held companies is always a educated guess at best.
I just did. I guess I could have called you an idiot for thinking you know more about financial matters than Forbes but I thought eh, what's the use let the blowhard talk.
racingnews.co
His earnings dropped 50% he says but he still made over 8 million dollars in 2015 which wasn't a good year for racing. I think Danica and Junior were making around 12 mil during that time. I understand what Hamlin is saying, Charter buys, and paying for equipment that they don't have. It's not supposed to be cheap to race in the Cup series.I thought it was common knowledge that on some given years the big teams lose money. Tried to find where I read it but IIRC the 48 team operated in the red for several seasons. With the ebbs and flows of the sport there's no way some owners haven't "lost" money. Even the juggernaut teams. Now over a 5-10 year stretch is a different story.
Also Forbes estimates are certainly better than whatever guesses I could think of but they probably have a huge margin of error for something like a Cup team.
NASCAR revenue dropped 50% according to Jimmie Johnson - Racing
NASCAR revenue dropped 50% according to Jimmie Johnson. Earnings have been excluded from stat sheets and left in mystery, Johnson details.
Racing is a business. Forbes knows business.
If you want to believe these mega race teams are losing money, then go right ahead. I guess you think these owners/corporations/companies are just racing as a hobby. Here is something that might be earth shattering to you, even Jennifer Jo Cobb made money racing trucks. I know she is one of your favorites.
Should we call Hamlin Maverick? Or greenhorn I wonder.
I will guarantee you no Cup teams make less money than me!
Great now I need to clarify my clarificationI will guarantee you no Cup teams make less money than me!
when people are on salary, suspensions are meaningless, demotions do work though. It seems to me that all Nascar does is promote people.
www.nascar.com
It's a strange situation. Truex has been saying for months that he is trying to decide if he wants to continue racing. My belief is, if a veteran star driver with a long career says he is pondering whether he wants to continue, then he is already gone. When the fire burns down to a mere smolder, it's time to stop.As 600th start nears, Martin Truex Jr. unsure of Cup future
Martin Truex Jr., the 2017 Cup Series champion, is weighing his future as a NASCAR driver before his 600th career start Sunday at Gateway.
I thought the collective brain trust here has decided that's how JGR is handling Kyle.
What they say and what they do if the circumstances arrive are two different things
They said Suarez was doing another year of X too.
