Rick Ware Racing (1 Viewer)

[65 Goatboy]

Never really knew who Rick Ware was until he bought Clay Millicans's top fuel team. This year in addition to NHRA he fields 2 Nascar teams, 1 Indy Car, 2 IMSA, 4 World supercross and rumors of a second Top Fuel team next year. The Cup teams are not front runners, Indy Car are IMSA are a little better, not sure about Supercross. None of the teams are championship contenders yet. He is not a rich business man like a lot of team owners, all he does is race. Their was a pretty big influx of money as far as parts and performance into the Top Fuel car if you watch Clay's Youtube videos. NHRA, Nascar and Indy Car are insanely expensive and all the front runners seem to have deep pockets in addition to sponsorship money. Just wondering if all his money could come from sponsorships?

 

[Dragracer]

Depends on what you call rich. He is worth approximately $130/million.

 

[qualified17th]

Never really knew who Rick Ware was until he bought Clay Millicans's top fuel team. This year in addition to NHRA he fields 2 Nascar teams, 1 Indy Car, 2 IMSA, 4 World supercross and rumors of a second Top Fuel team next year. The Cup teams are not front runners, Indy Car are IMSA are a little better, not sure about Supercross. None of the teams are championship contenders yet. He is not a rich business man like a lot of team owners, all he does is race. Their was a pretty big influx of money as far as parts and performance into the Top Fuel car if you watch Clay's Youtube videos. NHRA, Nascar and Indy Car are insanely expensive and all the front runners seem to have deep pockets in addition to sponsorship money. Just wondering if all his money could come from sponsorships?

The purses for those other series are considerably better throughout the field than drag racing. You can make a nice living finishing last place every week in the Cup Series. If you can minimize or eliminate all unnecessary expenses, spending only the bare minimum to put the car on the track, and can find a little sponsorship money, guys like him can finish 35th on Sunday and turn a profit.

Of course, that strategy would never work in NHRA with how low the payouts are for early round losers compared to the expense, which is why they've had to put in the effort to, you know, be competitive.

 

[Mike]

Spence, i disagree 100%. The cost to fund a Cup team or a Indy car is far greater than could ever make even finishing last. To really make the money in both of those series you need to be part of their winner circle programs.

 

[tb]

The Indy car team is actually named, Dale Coyne Racing w/Rick Ware Racing

 

[qualified17th]

Spence, i disagree 100%. The cost to fund a Cup team or a Indy car is far greater than could ever make even finishing last. To really make the money in both of those series you need to be part of their winner circle programs.

Not if you have a guy holding the steering wheel that's paying all the bills for the team. How else would Paul Menard have held a job all those years?

 

[65 Goatboy]

Spence, i disagree 100%. The cost to fund a Cup team or a Indy car is far greater than could ever make even finishing last. To really make the money in both of those series you need to be part of their winner circle programs.

Indy car and Cup are the most expensive in all of professional motorsports. Enough money is not coming from finishing at the bottom of the field.

 

[65 Goatboy]

Not if you have a guy holding the steering wheel that's paying all the bills for the team. How else would Paul Menard have held a job all those years?

Could be, any facts?

 

[65 Goatboy]

The Indy car team is actually named, Dale Coyne Racing w/Rick Ware Racing

Theirs some money.

 

[Mike]

Spence, my point, Paul Menard brought the money not finishing last.....

 

[Pete]

Could be, any facts?

I believe "Menards" has been the family sponsor for Paul Menard. They have also used a lot of B2B agreements with partners of Menards to provide additional funding

 

[Custom Body Fan]

Indy car and Cup are the most expensive in all of professional motorsports. Enough money is not coming from finishing at the bottom of the field.

Formula One is by far and away the most expensive.

On the Dale Jr podcast in the last week or two, he was discussing buying a Cup charter to move up from Xfinity to Cup. He said that the top Cup teams are reporting that they lose money, and at the current cost of a charter he doesn’t thing he could break even. So he is holding off on a move to Cup.

 

[Nunz]

There is NO form of motorsports, IMO, that can turn a profit for the team owner without being underwritten by marketing partners. Racing is just friggin' expensive. Always has been, always will be.

 

[sammi]

A dude at my local slot car track won $250 Saturday in brackets. Car entry is $5

 

[Pete]

Formula One is by far and away the most expensive.

On the Dale Jr podcast in the last week or two, he was discussing buying a Cup charter to move up from Xfinity to Cup. He said that the top Cup teams are reporting that they lose money, and at the current cost of a charter he doesn’t thing he could break even. So he is holding off on a move to Cup.

If correct, he said the charters are in the 20m+ range...thats insane! But the model rewards charters with guaranteed starting spots & a larger cut of the TV revenue. and yes, they don't get enough of a split.

 

[T.Smith]

I once brought a jack-ass and a honeycomb into a brothel.

 

[scotty]

Formula 1 budgets are on a completely different level compared to Nascar and Drag racing. Huge Money

 

[Scoe]

Formula 1 budgets are on a completely different level compared to Nascar and Drag racing. Huge Money

NBA contracts type of money.