Home  
Site Partners: SpotterGuides Veloce Books  
Related Sites: Your Link Here  

Go Back   TenTenths Motorsport Forum > Single Seater Racing > Indycar Series

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
Old 8 Jun 2012, 21:03 (Ref:3087709)   #1
HJJ
Veteran
 
HJJ's Avatar
 
Join Date: Feb 2010
United States
Hoschburg, just outside of Brasleburg.
Posts: 1,711
HJJ should be qualifying in the top 5 on the gridHJJ should be qualifying in the top 5 on the gridHJJ should be qualifying in the top 5 on the grid
Indycar News & Rumors.

I start this new thread with this:

Quote:
06/08/12 IZOD looking to get out of their IndyCar contract? UPDATE This rumor is upgraded to 'strong' today. The IndyCar Series has "begun searching for a potential replacement for its title sponsor, Izod, three years before the sponsorship is set to end," according to Tripp Mickle in next week's SPORTSBUSINESS JOURNAL. IndyCar execs have "approached current series sponsors and brands about becoming the presenting sponsor of the series in a deal that would make them title sponsor at an undetermined date." The companies already approached include Verizon and Firestone, two existing partners, and "one company outside its collection of sponsors with the proposal." IndyCar CEO Randy Bernard said that the series "still has a long-term deal with Izod that runs through at least 2015," and added that the sales effort is "designed to prepare the series for the future by helping IndyCar secure long-term sponsorships in the technology and tire categories and the funding it needs to expand the number of races it holds." IndyCar’s search "follows an executive change at Izod parent company Phillips-Van Heusen Corp." Longtime President & COO Allen Sirkin, who supported the IndyCar deal, is retiring, and sources said that his replacement as COO, current PVH CFO and Exec VP/Finance Michael Shaffer, "has been less enthusiastic about the more than $60 million deal Izod signed in 2009." Sources said that Izod pays about $6M to IndyCar annually in rights fees and spends an additional $5M annually on media and activation. The company has a minimum of three years left on its deal, but Bernard "would not say whether Izod would fulfill that obligation" SPORTSBUSINESS JOURNAL, 6/11 issue
HJJ is offline  
__________________
It's great to be here!
Quote
 


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
[STCC] STCC 2012 News & Rumors PorscheFanNo1 Touring Car Racing 113 25 Sep 2012 11:38
2007 IndyCar schedule news/rumours rustyfan IRL Indycar Series 40 6 Oct 2006 04:14
Misc IndyCar News/Info 2006 rustyfan IRL Indycar Series 27 24 Mar 2006 13:59
News from IPS and IndyCar road course test (updated) Down F0rce IRL Indycar Series 34 27 Sep 2004 12:17
Rumors from the National Speed Sport News KC Formula One 3 6 May 2000 10:22


All times are GMT. The time now is 09:28.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
Original Website Copyright © 1998-2003 Craig Antil. All Rights Reserved.
Ten-Tenths Motorsport Forums Copyright © 2004-2021 Royalridge Computing. All Rights Reserved.
Ten-Tenths Motorsport Forums Copyright © 2021-2022 Grant MacDonald. All Rights Reserved.