Surprised nobody else has commented on this yet ... looks like NASCAR is preparing for a poorer revenue year in 2010. Interesting ...
NASCAR cutting race purses by about 10 percent - - NASCAR - Sporting News
Summary:
I did read somewhere late last year where economists more closely connected to the sports world were predicting that economic effects on sports / entertainment would lag the rest of the economy by 1 year or so. I know the MLB is truly worried about the 2010 season and so is the NFL. Obviously, motorsports hasn't felt the brunt yet either.
NASCAR cutting race purses by about 10 percent - - NASCAR - Sporting News
Summary:
- NASCAR is decreasing payouts in team race winnings by approx. 10%.
- ISC officials expect TV money will increase by about 2.5% this year but ticket revenues and other related revenues are expected to drop 4-9 %.
I did read somewhere late last year where economists more closely connected to the sports world were predicting that economic effects on sports / entertainment would lag the rest of the economy by 1 year or so. I know the MLB is truly worried about the 2010 season and so is the NFL. Obviously, motorsports hasn't felt the brunt yet either.