At a recent meeting of a group of motorsports types in New England, the subject of Detroit automakers involvement in motorsports, particularly NASCAR, was among various things discussed. It was the opinion, of those in the know, that NASCAR could feel the impact of the Big Three automakers who must reinventing themselves in order to survive. We’ve also seen some news reports regarding this. In all likelihood expect to see budgets slashed of the top NASCAR teams who have deals with Chevy, Ford and Dodge. Because sales of new vehicles are not expected to rebound until the price of oil settles down. With $5 per gallon of regular looming by Labor Day weekend, the buying public is very leery of making a major purchase of a new vehicle.
According to reports on ESPN, NASCAR teams are really feeling the pinch due to the high cost of fuel. Also, funding NASCAR teams have risen from $10-$15 million to over $20-$25 million due to increases especially driver salaries. “We could see six or so teams shut down if they are not funded. Nobody is going to run this out of their own pocket for too long, myself included, so it is a serious situation, ” said team principal Doug Yates, owner of Yates Racing.
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Did I like the race? Oh, maybe about 20 minutes of it late in the time slot, but the first 2/3rds was a sleeper.
I’m saving all my energy for next week’s race…..in Daytuna.
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I get a text message when each Cup race ends, with a list of the top ten finishers. I was surely surprised by yesterday’s list. What an unusual group of 10 there… I figured it was either a big wreck or rain… yep, I was right. Check out all the results and latest NASCAR news right here in today’s Stock Car Gazette…
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Heather checks in with a Saturday Stock Car Gazette for you weekend readers… all the latest NASCAR news right here…
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FastCar Newsdesk for New Hampshire Motor Speedway
Following Kyle Busch’s whipping of the field at Infineon Raceway, rumors surfaced regarding the futures of Mark Martin, Aric Almirola, and Casey Mears.
Today, both Rick Hendrick and Casey Mears announced that Mears will not be the driver of the No. 5 Kellog’s/Carquest Chevy for Hendrick Motorsports next season.
On Sunday, DEI announced that it wants to run part-time rookie Aric Almirola full-time next season, meaning Martin, the primary driver of the No. 8 U.S. Army Chevy, does not have a seat at DEI.
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Loudon, N.H. (June 27, 2008) - Greg Biffle announced today that he has signed a three-year extension of his contract with Roush Fenway Racing.
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Hendrick Motorsports and driver Casey Mears will part ways following the 2008 Sprint Cup Series season.
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There was light news today… maybe everyone’s waiting on Tony Stewart to announce his 2009 plans, and then the fur will start flying!
Nevertheless, here’s what NASCAR news we’ve got for you today in the Stock Car Gazette…
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Is it surprising to me that in a little over a year after Dale Earnhardt Jr. left DEI for Hendrick Motorsports that situations appear worse at DEI? Absolutely not. I said even before that the bricks now have apparently began to crumble, and that something was wrong behind those closed doors.
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