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19 Dec 2008, 18:52 (Ref:2358416)
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Veteran
Join Date: May 2006
Posts: 5,100
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US Government prop up GM, Ford and Chrysler - effects on NASCAR?
17.4bn USD has been pumped in to GM, Ford and Chrysler, with the intention that they will start paying back in three months. Now they have the bailout, might there wind up being NASCAR pullouts?
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19 Dec 2008, 19:03 (Ref:2358420)
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Veteran
Join Date: Mar 2005
Posts: 11,304
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Been thinking about that one myself, esp how it influences NASCAR, sportcars, GARRA, etc. Supposedly the Vette program is almost self supporting due to sponsorship money, but how much is invested in NASCAR vs their return, esp since there aren't any truly factory teams. Also, any good numbers on how much exactly GM has to pay for the bowtie on the cars, don't most of the bigger teams do their own R&D in house and build their own engines from the Chevy parts?
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