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18 Aug 2010, 23:18 (Ref:2746876)
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Ten-Tenths Hall of Fame
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It's strictly business
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19 Aug 2010, 02:01 (Ref:2746908)
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Join Date: Oct 2007
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A reply
Strictly business? Yes. It seems that even NASCAR is a large corporation that is not immune to the effects of an awful economy and poor decisions.
It will be fascinating to see what the future holds for ALL the series controlled by NASCAR. Also, the article mentions that this isn't the first time they have made some changes/cuts at the top level of the "company"; has there been cuts in the lower tiered series funding, staff etc.? Is it possible that this is the beginning of major changes/restructuring? Thanks for sharing, and coming over to the Stockcar forum. |
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"Knowing that it's in you and you never let it out Is worse than blowing any engine or any wreck you'll ever have." -Mike Cooley
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19 Aug 2010, 04:02 (Ref:2746921)
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Join Date: Dec 2003
Posts: 6,885
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The economic effects certainly are a part of all that, but it's normal business.
nascar had a big boom and national expansion over 15 years. That is now over for now. They've expanded to market capacity and there are no big plans for future ovals elsewhere that are solid projects. So with the boom over it's time to trim the payroll. |
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