The saga of Kyle Bush.

[BarneyB1]

The following is from sportspro.com

Joe Gibbs Racing (JGR)​

≈ $116.09 million in sponsor revenue

Richard Childress Racing (RCR)​

≈ $70–75 million

 

[Revman]

Separate the owners from the race teams. Childress has other businesses he makes a living off; I don't know about GIbbs. But personal status aside, I have no doubt the JGR rscing organization has more income and working capital than the RCR team.

Gibbs' only business is his race team....and is a four car team. I am not sure why Gibbs would be considered so much better off in a relative sense.

 

[Revman]

The following is from sportspro.com

Joe Gibbs Racing (JGR)​

≈ $116.09 million in sponsor revenue

Richard Childress Racing (RCR)​

≈ $70–75 million

Four cars vs. two....29.03 million per car vs. 39.5 million? Looks like Poor Richard is okay. Maybe I am over simplifying this?

 

[wi_racefan]

The following is from sportspro.com

Joe Gibbs Racing (JGR)​

≈ $116.09 million in sponsor revenue

Richard Childress Racing (RCR)​

≈ $70–75 million

I would have to think this includes the whole organization. There's no was he getting $35 mil a year per cup car and running like that......

 

[Charlie Spencer]

Four cars vs. two....29.03 million per car vs. 39.5 million? Looks like Poor Richard is okay. Maybe I am over simplifying this?

You're overlooking common overhead costs. Those can't be split up evenly on a car-by-car basis, and they aren't going to be the same between team organizations. You're also overlooking cash on hand and other liquid capital assets.

And JGR may just do a better job of managing their organization financially. That doesn't make it a company with more money but it makes it more profitable / less unprofitable, leaving more on the books.

 

[Revman]

I would have to think this includes the whole organization. There's no was he getting $35 mil a year per cup car and running like that......

For sure, but it's all relative, right? Poor Richard wants the narrative out there that he is just a blue collar guy trying to find meal money in NASCAR. He is just fine. The team sucks. I don't think this is about money.

 

[Revman]

You're overlooking common overhead costs. Those can't be split up evenly on a car-by-car basis. You're also overlooking cash on hand and other liquid capital assets.

And JGR may just do a better job of managing their organization financially. That doesn't make it a company with more money but it makes it more profitable / less unprofitable.

Sure, but that is a RCR thing. The argument is that JGR has more money. I doubt that. This isn't a Chain Gang thing where The Felon has his paws in lots of different revenue sources, right? I hate money. Just throwing that out there.

 

[wi_racefan]

For sure, but it's all relative, right? Poor Richard wants the narrative out there that he is just a blue collar guy trying to find meal money in NASCAR. He is just fine. The team sucks. I don't think this is about money.

So you're claiming he's pulling 35 mil a car and just pocketing the money????