2015 NASCAR Thread - And then there was 1

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Safer barriers cost $500+ a foot ($2,640,000+ per mile). Many tracks have limited capital investment money due to ticket sales being down. Therefore, safer barriers are/were initially put at places where cars are most likely to hit.
 
ukfan758
So money over drivers getting seriously injured, got it.
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Yes and no.

You could spend billions and there would still be injuries. There is just no point in doing the upgrades if they will put the track out of business in the process.

I also think the track is getting a little too much flak. One big issue is how old and outdated the trucks are. Both Cup and Xfinity have made changes to improve safety, I can't recall this happening for the trucks (I could be wrong in this regard, but Fox was talking about how old some of them were during their Talladega broadcast).
 
ukfan758
So money over drivers getting seriously injured, got it.
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If you'd like to not have venues to race on at all, then sure, let's think pure health and be morons.
 
ukfan758
So money over drivers getting seriously injured, got it.
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Initially there was a supply issue with the steel tubing as well. There was not enough 3/16" thick 8"x8" square tubing in the world to cover every wall on every track.
 
Angel
If you'd like to not have venues to race on at all, then sure, let's think pure health and be morons.
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So then why do people get upset if someone cashes where there is no safer barrier if it's going to cost the track too much money?
 
ukfan758
So then why do people get upset if someone cashes where there is no safer barrier if it's going to cost the track too much money?
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you do realize that makes little to no sense at all...

Crash occurs at single wall. Driver is hurt. People get mad at track (Say Atlanta for instance) for not having all the safety equipment. SMI says they don't have the money. People are still mad demanding for change, yet still want to race at track that has been losing money for years.
 
I thought the new TV deals were causing an influx of cash for the tracks. This is why the car owners were so upset. The tracks were getting a huge chunk of the TV deal money, and not putting enough of it back into the race payouts to help the car owners.
 
Bruton Smith has stated several times that he's barely coming out even every year. Apparently IndyCar sanctioning isn't as expensive as I thought because he's been trying to get more races from them in comparison to NASCAR.
 
Angel
Bruton Smith has stated several times that he's barely coming out even every year. Apparently IndyCar sanctioning isn't as expensive as I thought because he's been trying to get more races from them in comparison to NASCAR.
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Didn't he use to have two Atlanta races?
 
Adamgp
Safer barriers cost $500+ a foot ($2,640,000+ per mile). Many tracks have limited capital investment money due to ticket sales being down. Therefore, safer barriers are/were initially put at places where cars are most likely to hit.
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Tracks are getting upwards of $10 million per race in TV rights alone. No excuse.

Phoenix is a track nobody talks about that should have a second date. Why? Only constant sell out year to year.
 
Ganon83
Tracks are getting upwards of $10 million per race in TV rights alone. No excuse.

Phoenix Jeff Gordon Raceway is a track nobody talks about that should have a second date. Why? Only constant sell out year to year.
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FTFY :sly:
 
Also, I would not be shocked at all if Bruton buys up Dover and moves the fall race to Las Vegas within the next few years.
 
Ganon83
Tracks are getting upwards of $10 million per race in TV rights alone. No excuse.
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Do you realize what other costs go out?

Let's just look at salaries(2014):
Bruton: 2.269 million, increasing over the past three years
Marcus: 2.189 million, increasing over the past three years
William: 2.183 million, incr...
They all missed their grants by 50%

Admissions were 100K, event revenue was 146k, broadcasting revenue was 207k, and other was 29.2k. Total = 484k

Expenses totaled 443k, income of 31.1k

Do tell me where this +$10 million is coming from, and how they divy it out because I'm not seeing it...

Unless you're telling me that with $31,000 in the budget to complete an entire track... it's not going to just happen tomorrow. I'm the accountant, and that's what I'm telling you.
 
Ganon83
Tracks are getting upwards of $10 million per race in TV rights alone. No excuse.

Phoenix is a track nobody talks about that should have a second date. Why? Only constant sell out year to year.
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There still are other issues. The availability of the steel 3/16" thick 8" x 8" steel tubing, the challenge of construction on curved walls, the removal/relocation of crossing gates. Plus only 2 companies are approved to manufacture the walls.

Plus I'm sure there are other costs involved in running/maintaining a track.
 
Swagger897
Do you realize what other costs go out?

Let's just look at salaries(2014):
Bruton: 2.269 million, increasing over the past three years
Marcus: 2.189 million, increasing over the past three years
William: 2.183 million, incr...
They all missed their grants by 50%

Admissions were 100K, event revenue was 146k, broadcasting revenue was 207k, and other was 29.2k. Total = 484k

Expenses totaled 443k, income of 31.1k

Do tell me where this +$10 million is coming from, and how they divy it out because I'm not seeing it...

Unless you're telling me that with $31,000 in the budget to complete an entire track... it's not going to just happen tomorrow. I'm the accountant, and that's what I'm telling you.
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http://www.sportsbusinessdaily.com/...7/29/Leagues-and-Governing-Bodies/NASCAR.aspx

http://www.sportsbusinessdaily.com/...ues-and-Governing-Bodies/NASCAR-TV-money.aspx

$820M per year, with 65% ($533M annually) going to the tracks (ISC, SMI, Pocono, Dover, and Indy) directly. The races are valued in different tiers (Daytona gets more money per race than Martinsville), but there is still a LOT of money being funneled down to the tracks.
 
Swagger897
Do you realize what other costs go out?

Let's just look at salaries(2014):
Bruton: 2.269 million, increasing over the past three years
Marcus: 2.189 million, increasing over the past three years
William: 2.183 million, incr...
They all missed their grants by 50%

Admissions were 100K, event revenue was 146k, broadcasting revenue was 207k, and other was 29.2k. Total = 484k

Expenses totaled 443k, income of 31.1k

Do tell me where this +$10 million is coming from, and how they divy it out because I'm not seeing it...

Unless you're telling me that with $31,000 in the budget to complete an entire track... it's not going to just happen tomorrow. I'm the accountant, and that's what I'm telling you.
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That 31k figure is missing a few 000's. $31 mil in net income for 2014 and $110 mil cash and equivalents on hand.


207,369,000 TV revenue for 24 Cup and Xf dates and 8 truck dates = $6.48 mil per event.
 
Angel
Bruton Smith has stated several times that he's barely coming out even every year. Apparently IndyCar sanctioning isn't as expensive as I thought because he's been trying to get more races from them in comparison to NASCAR.
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Really? I would've thought from the way things looked, that wasn't the case.
 
IforceV8
That 31k figure is missing a few 000's. $31 mil in net income for 2014 and $110 mil cash and equivalents on hand.


207,369,000 TV revenue for 24 Cup and Xf dates and 8 truck dates = $6.48 mil per event.
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And you have to know that they aren't getting $6.48M for the Coca Cola 600 at Charlotte and $6.48M for the truck race at Charlotte. Those are just the overall average figures. It's probably more like $11M and $2M for those two races.
 
MustangRyan
And you have to know that they aren't getting $6.48M for the Coca Cola 600 at Charlotte and $6.48M for the truck race at Charlotte. Those are just the overall average figures. It's probably more like $11M and $2M for those two races.
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Does anyone have the data of what it costs for maintenance of the venues and the costs of those gigantic screens that SMI is adding to their venues? Those could take a chunk out of the budget but I think just a one time expense for getting walls wouldn't be that bad in the long run.
 
If all else fails just do what Daytona did and ask local government to foot the bill. If they can spend $100 million on a a track just to reduce seating they can have that same track covered in SAFER.
Daytona and Bristol have every wall covered in the stuff, no excuse for other tracks not to have it
 
Michelin
Good, good. Allgaier is a great driver, but right now there isn't space for him in Cup unfortunately.
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Very true. After years of driving for lower teams with Hendrick supplied components, he's now finally getting a chance to drive a full-blown Hendrick race car for Dale Jr. It's a step down in terms of race series, but overall it's a step up in car quality. Hopefully this is his window of opportunity to take advantage of the situation and show what he's capable of.
 

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