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21 Mar 2013, 13:08 (Ref:3222294) | #26 | ||
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I wouldn't have thought he makes much 'profit'. He probably pays himself a fair whack, but wouldn't we all? I wouldn't think the prizemoney covers much, certainly not NNS prize money anyway. I think i heard somewhere that all things considered it costs between $40,000 and $50,000 per race in consumables and fees etc, not including chassis, engines etc. To be honest i don't know how he does it.
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22 Mar 2013, 01:49 (Ref:3222552) | #27 | ||
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Joe's doin' pretty well $2.5 M on the Cup side last year.
http://www.racing-reference.info/driver/Joe_Nemechek |
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22 Mar 2013, 02:14 (Ref:3222559) | #28 | ||
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Be interesting to know how much it costs to run a cup car vs a nationwide car per race/season...
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22 Mar 2013, 13:07 (Ref:3222736) | #29 | ||
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Well i kniw Joe has said that he could be reasonably competitive on $6m a year, thats half of a 'big' team.
Anyway, here are some usefull facts for Cup Series costs: Cars cost $300,000 each (new) No used cars avail yet in Cup. Joe will have 4 or more by the end of the season. Engines are $75,000 or more each race to lease. S & P teams might ust one for 2 races. Blow an engine and your done. Tyres at $1500.00 a set, minimum 6 sets needed just to practice, qualify and race. Entry fees are $4000,00 per event Skeleton crew salary $5000.00 per event. Want a real pit crew? add another $5000.00. Want a real spotter and not cousin Bob? add another $1000. Hauler lease per year is $200,000. so thats $3500 an event. Fuel at 4$ a gallon. lets see. North Carolina to Fontana CA is $4000.00 one way. OOPs, wreck a car? 100 man hours plus parts. $50,000 to fix it or more. Pay workers insurance, or their workers comp. Facilities: A North Carolina rotten barn for $2000 a month or maybe something a bit nicer at $5000 a month. All this for a 75,000 payout for that 35th place finish? Joe Nemechek is probably skint!! |
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23 Mar 2013, 19:30 (Ref:3223317) | #30 | |
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IIRC, he has additional help because he combined efforts with Jay Robinson, who still has money and likely equipment left over from his defunct team.
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25 Mar 2013, 09:48 (Ref:3224258) | #31 | ||
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Does Joe run a successful business off track that funds his racing career?
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25 Mar 2013, 13:09 (Ref:3224397) | #32 | ||
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25 Mar 2013, 17:10 (Ref:3224540) | #33 | |
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From all this information, I guess he won't be S&Ping for awhile, something he's been notorious for on the Cup side. He remains a backmarker there, but his NNS effort is quite competitive.
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26 Mar 2013, 13:26 (Ref:3225016) | #34 | ||
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Yes, i think his partnership with Robinson means he can run full time in Cup without S&Ping. His NNS effort does well against some better funded cars and teams. I think Joe is just one of those guys who would race his Granny to the shops. He just loves it. Plus having his own team may just provide a future for his son John who is in the K&N series and is quite promising so i hear.
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