Speedway Motorsports revenues drop nearly 10 percent in 2009; ticket revenue down 13 percent
Speedway Motorsports Inc.’s overall revenue declined by 9.9 percent in 2009, including a 13.3 percent drop in ticket revenue, according to a filing with the U.S. Securities and Exchange Commission.
Michael Waltrip gets ride for Sprint Cup race at Talladega
Michael Waltrip has a ride for the Aaron’s 499 at Talladega Superspeedway April 25 as Aaron’s will sponsor Waltrip, who will drive the No. 55 car for Prism Motorsports.
MONDAY MORNING CREW CHIEF: NASCAR faces a big question – what to do with Carl Edwards?
Four races into its new “Boys, have at it” era, NASCAR officials have a dilemma on their hands. Should they penalize Carl Edwards for intentionally wrecking Brad Keselowski at Atlanta Motor Speedway on Sunday or let him get away with one of the most blatant acts the sport has seen in some time?
After Carl Edwards-Brad Keselowski incident, paybacks on the track are more acceptable, NASCAR drivers say
Now that drivers have seen how NASCAR responded to the Carl Edwards-Brad Keselowski incident at Atlanta, they at least have an idea of what NASCAR officials meant when they said earlier this year that they were going to loosen the reins on drivers.
ON THE BUBBLE: Robby Gordon Motorsports outside top 35, among teams in danger of losing guaranteed starting spot
Robby Gordon Motorsports is one of three Sprint Cup teams currently guaranteed a starting spot each week based on 2009 owner points, but is in danger of losing that protection heading into next week’s race at Bristol Motor Speedway.
NASCAR, top teams creating new licensing agency to handle merchandise, apparel
Seven months of negotiations have put NASCAR and its top teams in position to create the first NASCAR Properties, a trust that will serve as a centralized licensing agency for the sport.
Jeremy Mayfield’s former brother-in-law among those suspended for violating NASCAR’s substance-abuse policy
The former brother-in-law of suspended Sprint Cup driver Jeremy Mayfield was one of two crewmen suspended Tuesday for violating NASCAR’s substance-abuse policy. William David Keith, brother of Mayfield’s first wife and the spotter for Front Row Motorsports’ David Gilliland, was one of the two crewmen suspended Tuesday. The other was Matthew Huffstetler, a crew member for the Daisy Ramirez...

Bruton Smith…Makes Sense?

Say what you want about Bruton Smith, you can’t accuse the guy of not speaking his mind. And you can bet when there are eager reporters around him the gospel according to Bruton is about to be preached.

Though it might have gotten lost in the noise about Carl Edwards and Brad Keselowski, Smith took time this past weekend to give his take on the state of the sport, and the changes he would like to see made.

Among his comments, Smith lamented his investment in Motorsports Authentics calling it the “worst decision I have ever made in my business life.” He also said he believes he can get a Kentucky Cup race on the schedule for next season (see stories here, here and here).

Always interesting though were Smith’s suggestions on how to improve the sport. He suggested:

  • NASCAR give Las Vegas a second Cup date to finish out the season and give Homestead California’s second date
  • Consider changing the points system
  • Make the fields smaller to eliminate start and park teams which he called a disgrace
  • Alter the payout system, making wins worth more, to entice drivers to run more aggressively

I haven’t been the biggest advocate of moving the end of the year banquet to Las Vegas, but it clearly is a market that embraces the sport. Could they support two races a year? Probably. And why not finish the season in the place where you’re going to hold the banquet?

Smith said the health of the sport will be tied to the venues on NASCAR’s schedule. I think he makes an important point that the sport needs to stage events where the market is most likely to embrace the product. Unfortunately for Smith, NASCAR isn’t too likely to take dates away from the France family controlled ISC.

Another point Smith made was the need to remove the emphasis of points racing. Do you tune in every week to see your favorite driver run conservatively in order to maintain his points position? I’m guessing the answer is no. While I agree with him on that point I think altering the payout system penalizes those underfunded teams who do actually run full races (ex. Front Row Motorsports). I can’t say I have a better suggestion on how to get drivers to be more aggressive on track though.

On the topic of start and parks (though I could care less) I’m warming to the idea of making fields smaller. Maybe we need to go back to having the size of fields fluctuate depending on which track we’re at. It would redistribute the purses and give S+P’s less of an opportunity to participate.

I can’t say I agree with everything Smith said or suggested, but some of it made sense. For all his eccentricities I think he does a good job of understanding the wants and needs of fans. As one of the sport’s biggest stakeholders NASCAR ought to bring Bruton Smith to the table a little more often.

MPM2Nite: The Season So Far [5]

Posted By: Nascar Photos on March 10, 2010 in Front Stretch, Nascar Photos - Comments: No Comments »

The Forgotten Story of the Kobalt Tools 500

Posted By: Nascar Photos on in Front Stretch, Nascar Photos - Comments: No Comments »

Dialing It In: Biggest Surprises of the 2010 Season

Posted By: Nascar Photos on in Front Stretch, Nascar Photos - Comments: No Comments »

Qualifying Procedure In Desperate Need of Overhaul [2]

Posted By: Nascar Photos on in Front Stretch, Nascar Photos - Comments: No Comments »

Fanning the Flames: Edwards, Keselowski and the Fan Fallout [2]

Posted By: Nascar Photos on in Front Stretch, Nascar Photos - Comments: No Comments »

Speedway Motorsports revenues drop nearly 10 percent in 2009; ticket revenue down 13 percent

Posted By: Nascar Photos on in Beyond, Nascar Photos, Sprint Cup Series - Comments: No Comments »

Speedway Motorsports Inc.’s overall revenue declined by 9.9 percent in 2009, including a 13.3 percent drop in ticket revenue, according to a filing with the U.S. Securities and Exchange Commission.

NASCAR Partner Links

NASCAR Related

NASCAR Photos

    Get the Flash Player to see the slideshow.

Accounts

NASCAR Photo Gallery

Search

Get Adobe Flash playerPlugin by wpburn.com wordpress themes