How does the ESPN deal work?
Both entities entered into a dialogue based on TRAC’s need for a national television package for owners and sponsors. The companies have a deal with the specific business points in which TRAC acquires the air-time and production for 13 races from ESPN. Raycom will sell that time, packaged with sponsorships, and those dollars will be used to finance the cost of air-time and production.
How long is the ESPN deal?
Both ESPN and TRAC insisted on a partnership that will allow for consistent growth of the league in the coming years. We have entered into a long-term deal with them that begins with two years and has a series of options that could extend the deal to 11 years.