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NASCAR Is In Big Trouble As Team Values Continue To Shrink
Yahoo / Business Insider ^ | 7/23/14 | Cork Gaines

Posted on 07/24/2014 6:28:49 AM PDT by driftdiver

Things are going well for NASCAR's top team, Hendrick Motorsports, which includes some of the sport's top drivers, including Jeff Gordon, Kasey Kahne, Jimmie Johnson, and Dale Earnhardt Jr. But a closer look at the value and profit of the other top teams reveals a sport that is trending in the wrong direction.

According to Forbes.com and its valuations of NASCAR's top nine teams, the current value of Hendrick Motorsports ($348 million) is relatively unchanged since 2010 ($350 million). However, the average team has seen a 31.1% drop in profit since 2010 which has translated into an average team value of $139.7 million, down 16.4% during the same span.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy; Society; Sports
KEYWORDS: nascar
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To: ZirconEncrustedTweezers
The stock bodywork and modified original engine meant technology developed for the track was getting into the cars in the showroom. Like the fastback roof of my Torino and the Cobra-Jet 429 engine with it's big ports.

It is no longer stock car racing. Without the connection to the cars Americans drive every day the magic is gone.

41 posted on 07/24/2014 8:14:04 AM PDT by SpeakerToAnimals (I hope to earn a name in battle)
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To: dangus

Gee, maybe NASCAR needs to get a gay driver and hype him up, like the NFL is with Michael Sam. /s


42 posted on 07/24/2014 8:16:32 AM PDT by dfwgator
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To: gura
F1 is the absolute cutting edge of technology, and the racing is great and not contrived.

I saw more rubbing in the last F1 race in Germany than I've seen in some recent NASCAR races. Open wheels and connecting with the guy next to you can certainly increase the old pucker factor. Massa's seat probably came out of the car when he did, and had to be pried loose, after his roll-over. I also liked F1's decision on that crash, his fault, no further action necessary.

43 posted on 07/24/2014 8:16:49 AM PDT by IYAS9YAS (Has anyone seen my tagline? It was here yesterday. I seem to have misplaced it.)
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To: driftdiver

NASCAR itself has gotten to big for their heads. It’s all money driven nowadays. Watching a local short track is just as much fun for me.


44 posted on 07/24/2014 8:17:31 AM PDT by McGruff (You can lead a horse to water but you can't make him drink)
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To: BBB333
Fastest F1 pit stop: 2.3 seconds

Apples and oranges. NASCAR has two guys per wheel, and 5 lugs each and refule. F1 has three guys on each wheel and one nut per wheel and no fueling.

NASCAR is pretty damned fast when you actually compare what they have to do.

45 posted on 07/24/2014 8:19:16 AM PDT by IYAS9YAS (Has anyone seen my tagline? It was here yesterday. I seem to have misplaced it.)
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To: Vigilanteman

Hendrix, Gibbs, Trickle, Sabatas, have all had their problems with political targeting.


46 posted on 07/24/2014 8:19:25 AM PDT by blackdog (There is no such thing as healing, only a balance between destructive and constructive forces.)
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To: IYAS9YAS

refule. sheesh. Refuel.


47 posted on 07/24/2014 8:21:46 AM PDT by IYAS9YAS (Has anyone seen my tagline? It was here yesterday. I seem to have misplaced it.)
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To: gura

“The 3 liters were great, but they were almost hitting 1000hp and had a ton of downforce. I was skeptical of the 2.4L V8’s, but man they screamed.”

Sounds like you’re thinking of the 3L V10 engines of the late ‘90s and early ‘00s. And those were indeed awesome. I was actually talking about the mid-’60s through the early ‘80s. In those days you had V8 engines, V12’s, flat-12’s, and even a 16-cylinder BRM engine for a couple of years!

It was also during this time that F1 cars began using wings, and just about anyone with enough money could build their own car around a Cosworth DFV and a Hewland transaxle.


48 posted on 07/24/2014 8:27:12 AM PDT by ZirconEncrustedTweezers (I'm not anti-government, government's anti-me.)
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To: dfwgator

Well, there HAVE been rumors circulating about Jeff Gordon for quite a few years.... ;)


49 posted on 07/24/2014 8:28:16 AM PDT by ZirconEncrustedTweezers (I'm not anti-government, government's anti-me.)
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To: IYAS9YAS


50 posted on 07/24/2014 8:30:06 AM PDT by gura (If Allah is so great, why does he need fat sexually confused fanboys to do his dirty work? -iowahawk)
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To: SpeakerToAnimals

The 429 had to be homologated for NASCAR in a production vehicle (which is how we got the Mustang Boss 429), but you are correct in stating that the technology developed on track could be purchased at your local dealership.

I’ve yet to find a Fusion with a V8 engine, much less one that is rear-drive.


51 posted on 07/24/2014 8:31:01 AM PDT by ZirconEncrustedTweezers (I'm not anti-government, government's anti-me.)
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To: IYAS9YAS

Basically NASCAR’s tire changers work out to two per axle, since they only change tires on one side at a time. And the fact that they have to slide a floor jack under the car, change tires, let it off the jack, then run around the car and repeat the process makes their pit stop times look pretty amazing.


52 posted on 07/24/2014 8:33:47 AM PDT by ZirconEncrustedTweezers (I'm not anti-government, government's anti-me.)
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To: driftdiver

Coming from yahoo Sports, you have to take it with a grain of salt.

I doubt they would do this sort of story with any ball sport.

Nascar’s decline in team value is all related to advertisers. And that is related to the general economy.


53 posted on 07/24/2014 8:36:10 AM PDT by Cold Heat (Have you reached your breaking point yet? If not now....then when?)
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To: gura
"...the racing is great ...."

This season certainly has been. The battle between Hamilton and Rossberg has been a blast to watch. Races have all been good too, with Canada really standing out.

54 posted on 07/24/2014 8:39:28 AM PDT by moehoward
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To: driftdiver

Maybe they should go back to racing stock cars.


55 posted on 07/24/2014 8:40:37 AM PDT by Fresh Wind (The last remnants of the Old Republic have been swept away.)
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To: ZirconEncrustedTweezers

Or a Camry with a pushrod V-8. What would a 5.7 Liter Tundra 4 cam 32 valve engine built like a NASCAR engine do to pushrod engines used now? Or a Lexus V-8 if it must come from a car. Or the Ford Boss 302 in the Shelby?


56 posted on 07/24/2014 8:47:29 AM PDT by SpeakerToAnimals (I hope to earn a name in battle)
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To: Texas Eagle
you may as well just have the car owners drive the cars by remote control from the roof where the spotters stand.

Saaaaaaaaay ... I think you are on to something. Make that part of Speedweeks, maybe at one of the shorter tracks in the area. No, not Bithlo :) New Smyrna or one of the Disney tracks for TV coverage?

57 posted on 07/24/2014 8:52:55 AM PDT by NonValueAdded ("The Arab Spring is over. Welcome to the Jihadi Spring." Jonah Goldberg)
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To: SpeakerToAnimals

Knowing that a 5.0L Coyote makes over 400 hp in production trim, I get positively giddy thinking about what a full-race Coyote would make. At the very least it could probably match the 800-850 hp NASCAR teams are currently getting with their pushrod lumps.


58 posted on 07/24/2014 8:53:10 AM PDT by ZirconEncrustedTweezers (I'm not anti-government, government's anti-me.)
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To: driftdiver
Is it the economy or their efforts to feminize the sport?

When they changed it from the Winston Cup to the Massengill Cup the writing was on the wall. lol

59 posted on 07/24/2014 9:13:11 AM PDT by BlueMondaySkipper (Involuntarily subsidizing the parasite class since 1981)
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To: ZirconEncrustedTweezers
Basically NASCAR’s tire changers work out to two per axle, since they only change tires on one side at a time. And the fact that they have to slide a floor jack under the car, change tires, let it off the jack, then run around the car and repeat the process makes their pit stop times look pretty amazing.

Yup. I have one of those easy-up jacks, and it takes me more than 8 seconds just to get it in the right spot before jacking. Then there's the dumping of the lug nuts into the snow, and the f-dash-dash-dash, and my wife washing my mouth out with soap...

60 posted on 07/24/2014 9:19:02 AM PDT by IYAS9YAS (Has anyone seen my tagline? It was here yesterday. I seem to have misplaced it.)
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