The Billionaire Family Ruining NASCAR

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More Perfect Union

More Perfect Union

4 күн бұрын

One billionaire family is killing NASCAR. The France family owns the entire sport. They’re making hundreds of millions of dollars a year, while teams are struggling to break even. If nothing changes, teams will collectively lose more than $200M over the next five years.
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Пікірлер: 870
@adrianr87
@adrianr87 3 күн бұрын
If there isn't a billionaire owner squeezing their client base for every penny while simultaneously making the experience worse it isn't American.
@sociopathicnarcissist8810
@sociopathicnarcissist8810 3 күн бұрын
And McKinsey or Bain or BCG are probably the consultancy behind them.
@adam6072
@adam6072 3 күн бұрын
Billionaires shouldn't exist.
@sociopathicnarcissist8810
@sociopathicnarcissist8810 3 күн бұрын
@@adam6072 Except for Warren Buffet who has donated 57 Billion so far to charity, with more promised.
@adam6072
@adam6072 3 күн бұрын
@@sociopathicnarcissist8810 There are always exceptions to the rule. But, suppose the government taxed all wealth above a certain amount. That revenue could go to programs which grow the economy resulting in more prosperity than Buffett will create with his donations.
@Ryan-The-Grifter
@Ryan-The-Grifter 3 күн бұрын
​@@sociopathicnarcissist8810That's nice and all, but I'd rather he pay it in taxes, where everyone gets a say in where it goes. Instead it goes to charities that will do what he wants them to do with it. Much of the money he's donated has been to the Bill and Melinda Gates foundation which isn't always using their donations for purely good causes. The foundation has done a lot of work to undermine public education. It's also used it's clout and the threat of withdrawing support to convince countries in the global south to respect US patents at a time when they need medications they can't afford to buy from big pharma. BG has much of his wealth in tech stocks, which are bouyed by the internation patent system, and that's not a coincidence. Buffet has also given a lot to foundations run by his children, who are likely to use that money to support things that benefit the family. Just like BG, Buffet donates stock not money. He will get a big tax deduction, avoid capital gains and stock dilution this way. Plus he gets a bunch of free press and people in YT comments saying he's a good billionaire. There's no such thing as a good billionaire. Nobody normal keeps trying to accumulate money after they have enough to provide absolutely decadent luxury for them and their next 10 generations.
@dvdv8197
@dvdv8197 3 күн бұрын
Greed is not the desire for more, it's the desire for more at the expense of others.
@nataliewood8930
@nataliewood8930 3 күн бұрын
Yeah making billions for providing nothing of value to the world is kind of insane. Exactly why the stock market shouldn't exist.
@MoneyPrinter123
@MoneyPrinter123 3 күн бұрын
@@nataliewood8930 The stock markets provide value by giving companies a way to raise money for capital investments by selling shares. The problem with stock markets isn't that they exist, it's the perverse incentives that have put the interests of shareholders above everyone else.
@timothyrockwell2638
@timothyrockwell2638 3 күн бұрын
AKA: Exploitation
@nataliewood8930
@nataliewood8930 3 күн бұрын
@@timothyrockwell2638 absolutely! We the people are the product.
@adamhustler3639
@adamhustler3639 3 күн бұрын
I think it would depend on how define 'expense'. Me and fellow workers wanting a living wage at the 'expense' of a billionaire owner reducing to a millionaire owner ... is that greed? I think we'd agree on no, but we know the rich see it the opposite. To them, we're the greedy ones for wanting a living wage for our "low-skill" easily replaceable jobs.
@rosesmith6925
@rosesmith6925 3 күн бұрын
Everything is fun and games, until you let the billionaires in 🙄
@jdcole333
@jdcole333 3 күн бұрын
*you misspelled accountants.
@lazarbro
@lazarbro 2 күн бұрын
Everything was terrible in NASCAR before the Frances came in and made themselves Billionares, then more Billionares got involved and the sport got even better
@Roadhouse1997
@Roadhouse1997 2 күн бұрын
​@lazarbro there was no "Before the Frances came in" Big Bill France Sr Actually built nascar, he is THE founder. He and Bill Jr were responsible for the greatness that was nascar pre 2008. The real problem with nascar and the teams was when the teams started bringing in more and more engineers and technology to get any advantage they could. In 92 Alan Kulwicki won the championship in an arguably underfunded operation with a budget on 2 million. In 98 the cost for Gordon's championship was around or above 10 million, 2008 was over 20 million and who truly knows what it costs today. But that arms race between Hms, roush, penske and gibbs has contributed more to them not turning a profit than nascar not paying enough.
@rabid24fan71
@rabid24fan71 2 күн бұрын
Yeah I guess they shouldn’t have let Michael Jordan in as a team owner, since he is worth $3.2 billion. Good point.
@nancy.dave.williams
@nancy.dave.williams 7 сағат бұрын
I hate billionaires. They are the ones ruining the economy
@K4R3N
@K4R3N 3 күн бұрын
"To make a small fortune in racing you first start with a large fortune."
@ekardnnam897
@ekardnnam897 2 күн бұрын
That's a DW quote.
@johnobrien6052
@johnobrien6052 Күн бұрын
No, that's a Richard Childress quote.... DW quoted RC!
@ekardnnam897
@ekardnnam897 Күн бұрын
@@johnobrien6052 Why, thank you, sir. I'm so ashamed. A lifelong fan of the 3 shoulda known that.
@sluggotinfantryman
@sluggotinfantryman 7 сағат бұрын
Bam
@guest6423
@guest6423 6 сағат бұрын
Except false for top-level teams. Their fortunes grow every day.
@longshank59
@longshank59 3 күн бұрын
God how I'm hating Billionaires. more and more.
@ohiasdxfcghbljokasdjhnfvaw4ehr
@ohiasdxfcghbljokasdjhnfvaw4ehr 3 күн бұрын
finally people are starting to see who the real enemies of the people are
@headshot959
@headshot959 3 күн бұрын
Let keep this momentum going.​@@ohiasdxfcghbljokasdjhnfvaw4ehr
@WonTooForAte9
@WonTooForAte9 2 күн бұрын
Yea u might hate em but I bet you wish you were one of em 😂
@headshot959
@headshot959 2 күн бұрын
@@WonTooForAte9 Seeing what most of those people are like. I really don’t.
@WonTooForAte9
@WonTooForAte9 2 күн бұрын
@headshot959 no no, I didn't say be a butthead like one.. I just meant rich like one. Hell I'd be the same me...well except I'd pay my bills on time 😆
@mattharrison2330
@mattharrison2330 3 күн бұрын
They're literally children who don't want to share
@JackLikesTrackhouse
@JackLikesTrackhouse 3 күн бұрын
Seriously they are
@LessGo7921
@LessGo7921 2 күн бұрын
I knew something was instantly wrong when Furniture Row, the best team in Nascar in 2017 and 18, suddenly announced they had to shut down immediately after 2018. I still miss them 😢
@lazarbro
@lazarbro 2 күн бұрын
The best team in NASCAR has shut down a few times before actually.
@LessGo7921
@LessGo7921 2 күн бұрын
@@lazarbro back in the 70’s and 80’s, yes. But in recent years only time a high-level team before FRR was maybe MWR, but that was bcs of the Spingate cheating scandal. Most other former prowesses that shut down were already on a long decline like the Stewart part of SHR and Yates
@jabber1990
@jabber1990 2 күн бұрын
becasue Joe Gibbs Racing starved them out
@thejman3489
@thejman3489 2 күн бұрын
It's more common in motorsports than you think. Even the top teams are taking a net loss every season they run. As the saying goes: if you want to be a millionaire in auto racing, you have to start out as a billionaire.
@LessGo7921
@LessGo7921 2 күн бұрын
@@jabber1990 precisely that. Despite being a powerhouse, they still had to rely on JGR to survive despite surpassing them
@charlieraffaniello4867
@charlieraffaniello4867 3 күн бұрын
If you ain't cheatin, you ain't tryin is supposed to be the motto for racers, not billionaires
@flanneryvevo
@flanneryvevo 3 күн бұрын
An agreement on revenue sharing and new leadership would solve this.
@codyjarvis
@codyjarvis Күн бұрын
There are no new leadership. It’s a private company. One family runs the whole thing. Always has.
@discgolflife
@discgolflife 3 күн бұрын
Boycott, plain and simple. No cars show up, no revenue. It's called hardball for collective bargaining rights...
@Unova39
@Unova39 2 күн бұрын
They tried that at the 1969 Talladega 500. There was an organization called the Professional Driver's Association (a union in everything but name) that boycotted the race due to unsafe tire conditions. Bill France Sr. ignored them, invited all of the drivers who competed in a smaller race at the track to compete in the main event (in their small, slower cars), and ran the race anyway. The PDA collapsed shortly after and there's never been an attempt by drivers to unionize in NASCAR since.
@craigstephenson7676
@craigstephenson7676 2 күн бұрын
that would spit the series and it would lose most of its money for everybody. Same thing happened with Indycar with the CART/IRL split.
@gregorygolden1296
@gregorygolden1296 2 күн бұрын
I agree. Big Bill and his son would flip if they saw what the "Family" has done to their NASCAR. With the lame ass cars the drivers have to drive, there is no more "innovation" allowed. It just goes on and on. One day NASCAR will be a thing of the past and will be because of greed.
@karendarrenmclaren
@karendarrenmclaren 2 күн бұрын
And go bust?😂😂 nah I don't think so.
@markspencer3680
@markspencer3680 2 күн бұрын
The new cars were supposed to save money but they are more expensive than they thought. They have to pay outside vendors to build parts then ship the parts to the teams and so on and so forth. My only question is why did they switch to charters? Why can’t they look at other racing sports and find out works and what doesn’t. I know makes to much sense.
@dvdv8197
@dvdv8197 3 күн бұрын
MONEY OUT OF POLITICS SO WE CAN HAVE POLITICIANS WHO ACTUALL DO SOMETHING FOR THE 99% PLEASE!! 😤😤
@crazykat1984
@crazykat1984 3 күн бұрын
Vote Jill Stein!
@deelee4639
@deelee4639 3 күн бұрын
I used to believe in this, and still do. But realized the issue is capitalism. And not selling and buying stuff type capitalism.... but the ass worship of people who have capital vs the ass kicking of labor
@JohnnyPaycheck69
@JohnnyPaycheck69 3 күн бұрын
Ain't capitalism great?!
@kurtpittman7225
@kurtpittman7225 3 күн бұрын
Getting money out of politics is a very common sentiment but the problem is that the conservative courts believe that having guardrails to regulate donations and gifts are a form of government restriction and overreach. Rulings like Citizens United and Snyder v. United States only serve to open the door wider for the free flow of money to politicians. The problem is only getting worse.
@fred-ts9pb
@fred-ts9pb 3 күн бұрын
@@kurtpittman7225 Conservative courts believe in the constitution while liberal courts believe in legislating from the bench.
@tonysouthern3049
@tonysouthern3049 2 күн бұрын
NASCAR can go under! They have taken our sport away from those that can not afford to go to races and can not afford to pat to watch it on TV. The France family needs to go!
@jabber1990
@jabber1990 2 күн бұрын
the Xfinity series will be in CW starting in September, which is OTA and free and don't forget about the races on Prime starting next year, which has like a 100% penetration rate (if not more than that)
@jeffdavis8811
@jeffdavis8811 3 күн бұрын
Now we know why Tony Stewarts team is leaving the sport.
@darrelladams4188
@darrelladams4188 2 күн бұрын
Tony is leaving but Gene Haas is planning on keeping a Charter ( ? )., and the 2 car Xfinity team. Mostly they will stay with Ford.
@RobertSaget-iv4wv
@RobertSaget-iv4wv Күн бұрын
I'd hope that the racers could pool their own money and start their own races.
@arnarninson4413
@arnarninson4413 3 күн бұрын
Another industry where the people doing the work and taking the risks make nothing while the laziest rake in all the profits.
@fred-ts9pb
@fred-ts9pb 3 күн бұрын
They can get a job at MCD's. I don't remember anyone twisting their arms?
@drgnner6028
@drgnner6028 Күн бұрын
They're not lazy. They go to meetings.
@Yourmission9
@Yourmission9 3 күн бұрын
Breaking - Billionaire squeezes more and more money out of nascar with no concern for others, oblivious spectators chant “lets go Brandon”
@jabber1990
@jabber1990 2 күн бұрын
that is NOT what those fans were saying don't let NBC lie to you
@f1champ551
@f1champ551 2 күн бұрын
There is a reason why this year's Indy 500 didn't allow political branding(true or not of said chant).
@jabber1990
@jabber1990 2 күн бұрын
@f1champ551 that's Indycar though,
@f1champ551
@f1champ551 2 күн бұрын
@@jabber1990 true, but chant or not, Indycar or not, that was needed. And for this year's Indy 500, it worked out in ratings and views even with KZfaq. But yeah, that was a need this year.
@paulzammataro7185
@paulzammataro7185 2 күн бұрын
EX-FKNG-ACTLY!!! But that's just what "they" told us the chant was.
@kpw84u2
@kpw84u2 3 күн бұрын
You cannot become a billionaire without being a sociopath. 🤷🏽‍♂️
@rabid24fan71
@rabid24fan71 2 күн бұрын
Good to know that Michael Jordan is a sociopath according to you, because he is worth $3.2 billion. Fantastic reasoning you have there.
@curtiswalter86
@curtiswalter86 10 сағат бұрын
Fact
@jdcole333
@jdcole333 3 күн бұрын
Nascar has been a sh*tshow for over 20 years, Dale Jr kept them afloat for a while but since then it's been a downward spiral.
@fred-ts9pb
@fred-ts9pb 3 күн бұрын
Oh? the anointed one who is worth 300M. How many did he step on to create it? Sold them a bunch of worthless diecast?
@soccerthrowback0664
@soccerthrowback0664 2 күн бұрын
@@fred-ts9pbYou’re all over this post with you conservative views and supporting that things stay the same. lol Keep Politics out of sports though right? Lolol
@dvdv8197
@dvdv8197 3 күн бұрын
Billionaires shouldn't exist. Any property above 1 billion should be taxed at an EXTREMELY high rate. Watch them pay their workers more fairly if that happens.
@07Flash11MRC
@07Flash11MRC 3 күн бұрын
Everything beyond a billion needs to be taxed 100%. They won the game and they can get a medal. The rest of us still need to work a job just so we can afford basic needs.
@crazykat1984
@crazykat1984 3 күн бұрын
@@07Flash11MRCor three jobs 😅
@baileykeller288
@baileykeller288 3 күн бұрын
In the 1900s it was around 90% at the top of the tax bracket. Every republican president for the past 50 years has cut those taxes.
@jennieshepherd5845
@jennieshepherd5845 3 күн бұрын
​@@baileykeller288I hear your point, but not EVERY president cut taxes for billionaires.
@SolidOrange85
@SolidOrange85 3 күн бұрын
@@07Flash11MRC More like 100 Million
@elijahjp2158
@elijahjp2158 2 күн бұрын
As a NASCAR fan, I can't tell you how irritating the France family is. We have a complicated playoff system, which is completely unheard of in motorsports, and Brian France was the one to introduce it, much to the complaining of many older NASCAR fans. They can just introduce gimmicks at will and it is hella annoying. I hope the teams get a better chunk of the revenue.
@noellemly
@noellemly 3 күн бұрын
i mean this in a very nice way, 23XI is read aloud “twenty three eleven”
@dcpsujag
@dcpsujag 3 күн бұрын
Younger generations can't even read Roman numerals..........
@lazarbro
@lazarbro 2 күн бұрын
​@@dcpsujagits not that hes young. He just doesnt know anything about the sport.
@JoeRogansForehead
@JoeRogansForehead 17 сағат бұрын
lol why did you have to qualify it with I mean this in a nice way
@DianaPr1nce
@DianaPr1nce 3 күн бұрын
It's another Ticketmaster. That model needs to be decisively ruled as a monopoly.
@Valcerv
@Valcerv 2 күн бұрын
My favorite quote to describe the France family. I think it was from junior johnson but "Mr. France attended 4th grade 4 times to get his idiot license"
@rvegas3240
@rvegas3240 2 күн бұрын
Epic quote, if true haha 😂
@Drunken_Hamster
@Drunken_Hamster 2 күн бұрын
They should 1000% drag up and make their own league. Like, not even show up to the biggest event of the year level, no call, no show, just be gone. Or better yet, show up and act like everything's normal, then when the green drops they run at pace speed all the way around and stop right before the starting line only to shut the cars off, get out, and walk off the track. I'd respect the hell outta that.
@danieljames4584
@danieljames4584 2 күн бұрын
wont work the billionaires will just screw them into the dirt, big loss, except for them
@Drunken_Hamster
@Drunken_Hamster 2 күн бұрын
@@danieljames4584 Yee of little hope or faith. If gamers can win against Valve, Blizzard, and others, if actors and writers can win against Hollywood, if unions can win against UPS and FedEx, and if Americans in general can make multiple wins against the ATF, then we can SURE as shit make NASCAR grassroots again.
@needsmetal
@needsmetal 2 күн бұрын
F1 already did that, only thing gthat changed was they quit racing in the US for 10 years
@billdouglas6561
@billdouglas6561 2 күн бұрын
@@needsmetal well then there is not very much nascar outside the US is there ??
@jabber1990
@jabber1990 2 күн бұрын
and how did that work out for Tony Stewart?
@freedomoffgrid
@freedomoffgrid 3 күн бұрын
i haven't watched an entire nascar race without interruption in a solid 15 years. my dad did take me to the 1987 daytona 500 though, and that's something i will never forget.
@polycube868
@polycube868 2 күн бұрын
I bet that was amazing!
@chase9812
@chase9812 Күн бұрын
That was real stock car racing.
@sjb3460
@sjb3460 Күн бұрын
I have been to the Talledaga (formerly Winston Cup) about 10 times. My brothers and I would be in the cheap seats, the bleachers on the backstretch, and have a great day of racing. The Winston Cup girls were gorgeous models and they gave samples of dip and cigarettes to anyone who wanted a sample. We would load up with dip and Winstons to give our buddies who smoked or dipped. I remember a lady walking past our stands on the way to the blockhouse bathrooms one year. SHE WAS STUNNING!!!!!!!!!! Tall, walking gracefully, with long brown hair, dark eyes, and a voluptuous body she would get attention anywhere. She was an all-natural, and beautiful lady who did not need excessive jewelry or outlandish fashion to gather attention. (Some ladies overdo the makeup and jewelry). By the end of the race, all of the men and most of the women in the bleachers were waiting for her appearance. Her last trip was greeted with cheers, whistles and proclamations of love. I don't remember who won that day.
@paulanderson9650
@paulanderson9650 3 күн бұрын
I learned all I need to know about the France family from Smokey Yunick.
@fred-ts9pb
@fred-ts9pb 3 күн бұрын
The biggest cheater of them all. Sounds like the billionaire's vilified here.
@philzail2532
@philzail2532 2 күн бұрын
Well the drivers make money, so we're only talking team owners. A few team owners are billionaires also, Hendrick, Penske and Jordan come to mind.
@dogsthatgozippy
@dogsthatgozippy 3 күн бұрын
Sad business in America are going to this platform.
@scottlindquist8417
@scottlindquist8417 2 күн бұрын
When they started monkeying with the points, breaking the race into “parts”, they lost me and I haven’t returned. That was around 10 years ago.🤨🤨
@helpful5539
@helpful5539 2 күн бұрын
You made a good move. I don't know exactly when it was mostly over but that is all real valid reasons. And along with my big one, no more actual racing action, but skid pad runs. It is all pathetic.
@jabber1990
@jabber1990 2 күн бұрын
well I know that's a lie, one of those occurred less than 10 years ago...something you wouldn't know about if you haven't followed in 10 years...and isn't even close to accurate
@oldred9122
@oldred9122 4 сағат бұрын
I'm right there with you. I started watching IndyCar instead, and it's so much better
@jabber1990
@jabber1990 4 сағат бұрын
@@oldred9122 well thank God IndyCar isn't ran by a Billionaire!
@oldred9122
@oldred9122 3 сағат бұрын
@@jabber1990 Yeah... About that...
@literallyfiguratively
@literallyfiguratively 3 күн бұрын
I hate to break it to you but Rick Hendrick is also a billionaire. The reason his team "hasn't made money in 10 years" is because they don't need to. He makes money from selling cars, anything the team makes just gets re-invested back into it.
@fred-ts9pb
@fred-ts9pb 3 күн бұрын
Don't tell them this. Oh well hope larson wins the championship this year will even with all the hendrick billionaire fans here. Go buy your cars from him as many will continue to do.
@nerdcast5
@nerdcast5 2 күн бұрын
Hell yeah, so happy someone is speaking out about this. Has been just diehard fans involved on this topic for too long
@vickiemanthei47
@vickiemanthei47 2 күн бұрын
Racing isn’t what it used to be……I have been a fan for 51 years worked for lefthander chassis.
@rvegas3240
@rvegas3240 2 күн бұрын
It still is just as good as ever. Went to the “Night of Fire” at the LVMS Bullring last night. So awesome!!
@danielmunoz9694
@danielmunoz9694 3 күн бұрын
I just see rich people ripping off other rich people. more entertaining than Nascar IMO
@danieljames4584
@danieljames4584 2 күн бұрын
😆
@EvilWeiRamirez
@EvilWeiRamirez 3 күн бұрын
It's incredible that billionaires are alienating owners, effectively the feudal lords. These aren't the 99%. There is no limit to billionaire greed.
@gapsule2326
@gapsule2326 3 күн бұрын
Billionaires arent even the 1%... Theyre in digits that usually get rounded to 0
@BeastOfMetal1989
@BeastOfMetal1989 2 күн бұрын
Several of the owners are also billionaires, and those are the ones who are front and center in the Race Team Alliance. They want the Charter System in place to lock out smaller owners and protect their own slice of the pie. Most, maybe all,[*]of the organizations that have been forced out in the last few years are these smaller owners. NASCAR could achieve monetary balance without selling guaranteed starting spots to organizations that haven't missed a race in three to four decades and have consistently leveraged their own economic advantages to the detriment of smaller competitors. The only reason they don't go this route is because they're too afraid of causing the kind of destruction wrought in open wheel by rival sanctions going to war with each other. [*Stewart-Haas Racing announced its dissolution in the last few weeks. The Haas part of that equation is industrialist billionaire Gene Haas, who also owns a Formula One team. However, Haas himself is not leaving NASCAR entirely - he elected to retain a single charter while selling the other three and buying out the other namesake - three-time Cup Series Champion Tony Stewart.]
@DJDouglasWarden
@DJDouglasWarden 2 күн бұрын
Many of the owners are billionaires themselves
@rabid24fan71
@rabid24fan71 2 күн бұрын
Team owner Michael Jordan is worth $3.2 billion. Team owner Rick Hendrick is worth $1 billion. Richard Childress is worth $250 million. Team owner Gene Haas is worth $250 million. All of these people are rich. Don’t get it twisted fool.
@EvilWeiRamirez
@EvilWeiRamirez 2 күн бұрын
@@rabid24fan71 lol ... Billionaires complaining about billionaire greed
@Sunset4Semaphores
@Sunset4Semaphores 3 күн бұрын
*Great... another billionaire shorting something into the dirt.*
@lazarbro
@lazarbro 2 күн бұрын
Its funny because hes a billionare because his anti union father build somwthing up from the dirt.
@mmiller8742
@mmiller8742 2 күн бұрын
​@@lazarbro is ur name France too?
@mikehomner4724
@mikehomner4724 3 күн бұрын
The rich get richer and the poor get poorer... How about doing a piece about the Supreme Court making homelessness a crime.
@michaelvcelentano
@michaelvcelentano 3 күн бұрын
Interesting story idea: Stony Brook University in NY just received the largest single donation to a university in history. When the student unions on campus approached upper administration about how the money would be used, they were told it wasn’t their concern. Now, we find that certain liberal arts departments, like the music department (my grad department), fine arts, and theater will see none of this money. They are also refusing to reduce or eliminate the ridiculous parking prices students must pay to commute, and aren’t assisting students who need health insurance. If I remember correctly, the money is exclusively going into STEM programs. It also doesn’t help that our university present was only on the job for two years before jumping ship to an Ivy League. There just seems to be a lot of obfuscation going on and no care for the students, only the university’s profits
@barbarahering484
@barbarahering484 3 күн бұрын
Any sport that can be bet on can be used.
@fred-ts9pb
@fred-ts9pb 3 күн бұрын
Take betting away and many that post on this board would be mad. Only betting I do is with stocks.
@jabber1990
@jabber1990 2 күн бұрын
@@fred-ts9pb what I find funny about sports betting, the moment it became legal (and one of the lobbying groups was somebody close to NASCAR) people openly admitted it was their entire personality....which is funny to me
@dangelo1369
@dangelo1369 3 күн бұрын
Sounds like the record business model.
@RW-bt6ex
@RW-bt6ex 2 күн бұрын
I use to like NASCAR .Been a fan when Dale Sr. started with the Wrangler #3 ... Money is the Root to all evil .
@bigbadhag
@bigbadhag 2 күн бұрын
Original Wrangler was #2
@bigbadhag
@bigbadhag 2 күн бұрын
I'm with you tho, Nascar used to be cool!
@nikhook9430
@nikhook9430 3 күн бұрын
As someone who has tickets for the Daytona 500 I’m worried. Splits are never good for auto racing look at the IRL/Cart split. However honestly if NASCAR killed itself by greed then good riddance. I absolutely love NASCAR as a sport and have willingly tolerated so much crap as NASCAR seeks to be the WWE of auto racing. But if the Frances really kill the sport then good riddance I will not miss stage racing, playoffs or extending races.
@sairuhtonin
@sairuhtonin 3 күн бұрын
"WWE of auto racing" is a perfect descriptor.
@JackLikesTrackhouse
@JackLikesTrackhouse 3 күн бұрын
NASCAR isn’t gonna split. It’s in no way feasible and no one would win. Some people involved in the sport were around when that happened. SlapShoes made a very good video a couple years back explaining why a split will probably never happen
@rvegas3240
@rvegas3240 2 күн бұрын
Don’t be worried. NASCAR owners and teams are not brain dead. They will solve this issue. 💯
@nikhook9430
@nikhook9430 2 күн бұрын
@@rvegas3240 ummmmmm? Have you been watching NASCAR since 2014? The owners are quite brain dead
@briantaylor9285
@briantaylor9285 3 күн бұрын
IndyCar: "Hmmm...where have I seen this before...?" 🧐☕
@StalinsPurge
@StalinsPurge 2 күн бұрын
Killing nascar and buying up all the tracks to remove Indycar from the racing conversation. France family is corrupt as all hell and it should be teams who own the series
@patriot9487
@patriot9487 21 сағат бұрын
NASCAR and Indy are not the same organization
@StalinsPurge
@StalinsPurge 20 сағат бұрын
@@patriot9487 no shit clearly you didn’t read the comment
@missymason9192
@missymason9192 3 күн бұрын
There's a name for this, monopoly. Where's the SEC??????
@stoonookw
@stoonookw 2 күн бұрын
Why would anyone want to drive NASCAR if they lose money
@JackLikesTrackhouse
@JackLikesTrackhouse 2 күн бұрын
Mostly because they love the sport
@willieverusethis
@willieverusethis 2 күн бұрын
Fame.
@stoonookw
@stoonookw 2 күн бұрын
@@JackLikesTrackhouse and if you have money to spare I guess
@danieljames4584
@danieljames4584 2 күн бұрын
beats having to work for a living
@GrandpaShark
@GrandpaShark 2 күн бұрын
Hint... They aren't!
@matt45540
@matt45540 3 күн бұрын
How much cheaper was it to license Talladega nights versus real NASCAR 😜
@ronbelanger4113
@ronbelanger4113 19 сағат бұрын
The stands being mostly empty speaks volumes.
@jasonalexander1230
@jasonalexander1230 3 күн бұрын
Love this channel, thank you for all the great work
@BeastOfMetal1989
@BeastOfMetal1989 2 күн бұрын
Just an FYI, the Charters can't just be stripped "at any time" - the performance clause of the system mandates that a team has to finish in the bottom three of owner points for three straight years before NASCAR has the option of stripping a Charter. Only one Charter has ever fallen into this scenario - the one attached to the No. 51 of Rick Ware Racing. It officially reached that scenario at the end of the 2023 Season. It remains in Rick Ware's possession as of 2024. NASCAR let them keep it because they claimed the team was showing "legitimate steps towards becoming a competitive Cup Series organization" - by signing a driver away from another team. The real reason they let Ware keep that Charter had nothing to do with this - NASCAR and the RTA want the Charter valuations to remain as high as humanly possible (one sold for US$40M at the end of 2023), and stripping a Charter with no compensation would pop the bubble they're in instantly.
@dclong-
@dclong- 2 күн бұрын
Take your cars and start a new racing venue.
@pronoun171
@pronoun171 2 күн бұрын
It’s always the children of Billionaires that destroy the thing that was handed to them and they didn’t earn
@sluggotinfantryman
@sluggotinfantryman 7 сағат бұрын
Poor Rick Hendrick. Poor Dale Jr. Poor Denny Hamlin and MJ.
@POP7QWIZ
@POP7QWIZ 2 күн бұрын
Just a note for the editor. The team, that Michael Jordan's team, 23XI is called Twenty Three Eleven. Not 23 X I
@user-hy3nu7vm7v
@user-hy3nu7vm7v 3 күн бұрын
Billionaires ruiining yet another business. When will Americans wake up.
@malcolmcapps8816
@malcolmcapps8816 2 күн бұрын
It's all pro sports
@gregorygolden1296
@gregorygolden1296 2 күн бұрын
Sadly they won't.
@davewhittles
@davewhittles 2 күн бұрын
cant believe they have to pay for the tyres they should be getting 25 million per car and driver not 5.6m
@oldred9122
@oldred9122 4 сағат бұрын
Teams splitting off from the sanctioning body to start their own racing series. Where have I heard this one before?
@joestephan1111
@joestephan1111 Күн бұрын
NASCAR has always been "We're gonna play football and just remember its our ball.😮"
@shaunt7301
@shaunt7301 2 күн бұрын
Same thing happened to the Indycar series back in the day that split into two and ruined that sport.
@hughjaass3787
@hughjaass3787 3 күн бұрын
As if I needed another reason to despise Florida Governor Ronnie DeShithead........
@LlyleHunter
@LlyleHunter 3 күн бұрын
You mean DeathSatin
@HandyMan657
@HandyMan657 2 күн бұрын
The floridiots love'em tho.
@El_Peto
@El_Peto Күн бұрын
Go hang out with some blue haired pronoun ft
@murraymadness4674
@murraymadness4674 2 күн бұрын
With Nascar owning most of the tracks, it will be difficult to create an alternative organization. But they don't own them all. Nascar will cave, it would be so awesome if the teams just "went on strike" and stopped racing, Nascar is nothing without the teams racing, let them learn.
@needsLITHIUM
@needsLITHIUM 2 күн бұрын
Also, the IRONY that NASCAR donates to Liberty University and then they go and advertise on the hood of William Byron's car.
@haroldoftherock8973
@haroldoftherock8973 3 күн бұрын
I stopped watching Nascar in about 2017. There were only a handful of teams who ever had a chance of winning a race week to week. Smaller teams were getting crowded out. Nascar started implementing very arbitrary rules that benefited certain driver's racing styles. It basically had started to become like formula 1, where the team with the most money won. This video explains the behind the scenes erosion of the sport and why I lost interest in it.
@Noman1010-nh6uh
@Noman1010-nh6uh 3 күн бұрын
And that's why f1 is soo popular
@Maverick146
@Maverick146 2 күн бұрын
Next Gen cars make it so every car on the field is the same. you should tune into Chicago this weekend brother
@graywolf4696
@graywolf4696 5 сағат бұрын
They need to reverse the percentage for the tracks and teams. NASCAR 10%, Teams 65%, and tracks 25%. That would be fair.
@__-vb3ht
@__-vb3ht 3 күн бұрын
Why does NASCAR of all sport leagues have a problem with turning left?
@rvegas3240
@rvegas3240 2 күн бұрын
Don’t be ignorant…
@Dexter037S4
@Dexter037S4 2 күн бұрын
It tried in the 60s, it was union-busted.
@kdavidsmith1
@kdavidsmith1 2 күн бұрын
I'm surprised that the tracks aren't fully funded by tax payer money. If it is it wasn't covered here.
@jabber1990
@jabber1990 2 күн бұрын
with the exception of Chicago no tracks are funded by tax money (unless we count Portland, which I don't) one track was bailed out by Tax money though
@kdavidsmith1
@kdavidsmith1 2 күн бұрын
@@jabber1990 I'm surprised that NASCAR hasn't jumped on that boondoggle bandwagon yet.
@davidklopotoski714
@davidklopotoski714 3 күн бұрын
NASCAR has all the best tracks and it would suck to see racing disappear from Daytona, Talladega, Darlington, etc. But I definitely don't think the bulk of the money should be flowing to the France family rather than the people actually putting their lives on the line. Maybe it's time for Speedway Motorsports to finally create their rival stock car series like they've threatened over the years. I'm betting the teams won't mind having 10 races at Charlotte, and they certainly won't miss the repair bills that come from "plate" racing.
@teslawizardvvv3
@teslawizardvvv3 3 күн бұрын
NASCAR and More Prefect Union what a time to be alive
@lazarbro
@lazarbro 2 күн бұрын
I know it sucks
@GrandpaShark
@GrandpaShark 2 күн бұрын
PR video for the Race Team Alliance!
@Dexter037S4
@Dexter037S4 2 күн бұрын
A split ain't happening. Look what happened to IndyCar, it basically died, three seperate times.
@Cousinbilly118
@Cousinbilly118 2 күн бұрын
Millionaires fighting with billionaires. Yawn
@shekharmoona544
@shekharmoona544 2 күн бұрын
You would have thought Donut media would have reported this first.
@vinrock3918
@vinrock3918 3 күн бұрын
Typical abuse and corruption of capitalism. This happens to everyone that actually works for corporations.
@dangelo1369
@dangelo1369 3 күн бұрын
In capitalism, it’s a feature, not a bug.
@doejersey
@doejersey 3 күн бұрын
I hope they just make a league of their own honestly. Keeping the charters is going to ruin the sport long term imo. NASCAR has always been a sport where independent teams have a seat at the table. Charters make it impossible for an independent team to exist at all for exactly the reasons you said. I don’t think any team should get a pass just because they’re popular. Everyone should have to qualify. Go back to the dirt track heat system.
@jabber1990
@jabber1990 2 күн бұрын
and how did that work out for Tony Stewart?
@GrandpaShark
@GrandpaShark 2 күн бұрын
I think you are arguing the exact opposite of what they were hoping for.
@nancy.dave.williams
@nancy.dave.williams 7 сағат бұрын
NASCAR is terrible to watch. The commercials get more time than the race. The France family needs to be taken down a billion dollars
@randyharbaugh7819
@randyharbaugh7819 3 күн бұрын
Why not mention the excess spending by the car owners, that may be a reason why they can't turn profits, how many cars and engines does a team really need. Multiple engineers per car, flying teams around on private airplanes, large numbers of staff, the ever ongoing building of new team shops. The charter system is not keeping the little guys out, in most years teams fight for a starting spots just once a year, the Daytona 500 and that may be 6 cars for 4 spots with several of those being the mega team adding a car. Last weekends race in Nashville had 38 entries, nobody went home, no sponsor was shortchanged by having their car sent home. Operating a track isn't cheap, they need to be maintained, yearly profits need to be put into escrow for future repairs and possible improvements, insurance costs are enormous, for most tracks the NASCAR race pays the bills for the rest of the year NASCAR had to get involved in politics to get approval for the Chicago race, not exactly a republican stronghold. I'm not defending NASCAR and the France family but to try and put all the blame on them is an incomplete story.
@fred-ts9pb
@fred-ts9pb 3 күн бұрын
As many as it takes to win. That is the reason they are out there I thought.
@GrandpaShark
@GrandpaShark 2 күн бұрын
It is disgusting that they put Carl Long in this video. It is the owners of the 36 charters that put him in this position, not Nascar! Do away with the whole charter system! The guy narrating this doesn't even make sense. He talks about how tough it is for independent teams, then says that is why they want to make the charter system permanent.
@soccerthrowback0664
@soccerthrowback0664 2 күн бұрын
LOL You’re one of those willing to be part of the problem.
@ZontarDow
@ZontarDow 21 сағат бұрын
I can't think of how little whoever wrote this video knows about NASCAR for the segment on the France family's political donations to be brought up as if it would somehow make NASCAR fans see them worst. If anything it'll only be seen as their one positive.
@stevemillerdfw
@stevemillerdfw 23 сағат бұрын
I was a season ticket holder at Texas Motor Speedway in the early 2000’s. It was packed. As soon as they changed the points system it got less crowded. Now TMS is in pretty bad shape. The road around it is terribly maintained. The whole property is looking like a salvage yard. These track owners/ and Nascar have ruined the sport. They can’t even fill up the front grandstand at TMS and they deserve it. I see nothing but things to continue to go downhill for Nascar when it comes to the teams, drivers and fans.
@ElliottNest39
@ElliottNest39 2 күн бұрын
How are France’s political donations relevant?
@Lord_Foxy13
@Lord_Foxy13 2 күн бұрын
23XI is not called "Twenty-Three ExEye" its "Twenty Three Eleven"
@barrynelson634
@barrynelson634 20 сағат бұрын
Hendrick is not turning a profit????? That's not how they would stay in business. How stupid do they think we are???? Somewhere, somehow, they are making millions. No big business would EVER keep doing what they're doing if they didn't make BIG money. Jeff Gordon can go do himself!
@MarcoEvens
@MarcoEvens 2 күн бұрын
One of the major problems with the teams forming their own league is, where are they gonna get the money? Where are they gonna get the cars? Where are they gonna race? The SRX could only make it three seasons and that was with Tony Stewart and Ray Evernham leading the charge. It’s not like they could race at any NASCAR tracks.
@iubalum2013
@iubalum2013 14 сағат бұрын
"You can build a mansion sky high, ‘Til can’t nobody see the roof when they drive by. But death’ll hit you like a drive by, And to that stuff you acquired, you gotta say 'Bye, bye' (Peace)." from Trip Lee's verse on Lecrae's song entitled Falling Down
@shanepursch5622
@shanepursch5622 2 күн бұрын
While I love seeing More Perfect Union cover a growing issue in American Motorsport it’s disappointing that more research wasn’t done to contextualize this moment. First it’s pronounced 23-11, displayed with the 11 as a Roman Numeral. A brief discussion of the CART, IRL split and its degradation to a growing series could have been a 1-2 sentence line to show the issues fans could face. NASCAR also owns IMSA, the premier sports car and endurance racing championship in the US. While it is a smaller series it could have been an important reference to discuss various methods of management across NASCAR properties. It’s clear there wasn’t a single Motorsport fan in the writing room on this one.
@chrissimone4916
@chrissimone4916 2 күн бұрын
Find me 1 broke team owner. They don’t exist. I’ll say some of them are billionaires.
@PatrickBaptist
@PatrickBaptist Күн бұрын
nascar hasn't been cool in about 30 years.
@MisterMonsieur
@MisterMonsieur 2 күн бұрын
6:21 -- It's actually 7% sales tax. And it's not costing taxpayers anything to let them keep their money. C'mon, buddy.
@V8_Diva
@V8_Diva 2 күн бұрын
VERY important context for Jeff Gordon's words. 'Haven't turned a profit in 10 years' is a VERY deliberately bad or misleading way to phrase the situation. "Haven't turned a profit" doesn't mean "doesn't make money." Something VERY important to differentiate. What do I mean? Well, "Non-Profit Organizations" make PLENTY of money, but they aren't allowed to turn a profit. This means that any and ALL money they generate, they HAVE to spend. This is the exact same model Amazon follows, yet they are one of the biggest and most valuable companies on the planet. TL;DR Hendrick Motorsports doesn't generate a profit because they are spending all of their money on purpose. Not because they are short on revenue. HMS is not struggling in any shape or form.
@VernLeRoy1962
@VernLeRoy1962 2 күн бұрын
I started watching Wiston Cup in 1970, I stopped watching NASCAR 5 years ago! To me NASCAR started going down hill in 2012/13. Nascar has got away from it's Roots & has became a Corperation, Now it's all about Money, I won't help Nascar make money anymore.
@bigbadhag
@bigbadhag 2 күн бұрын
I gave it up along with football, they are all now pussified whiners! I liked the Skoal Bandit, Harry Gant!
@michaelwallace1861
@michaelwallace1861 2 күн бұрын
My first 500 was in 63. I have seen the infancy growth and now the slow death of NASCAR. Somewhere Big Bill sr. is shaking his head.
@MrJaron93
@MrJaron93 3 күн бұрын
It's tough to be a leftist nascar fan. 😞
@DreamingMuse13
@DreamingMuse13 3 күн бұрын
Harder to fool.
@rvegas3240
@rvegas3240 2 күн бұрын
Remove ‘leftist’ It’s tough to be a nascar fan. But here we are. Long live racing 🏁 They can’t put it in you and they can’t take it out of you.
@haroldthefrog
@haroldthefrog 3 күн бұрын
You know what? I hope the teams break off from nascar. Maybe then we can get horsepower back in the cars, none of this spec racing bullshit, and bring stock car racing back to relevance
@murraymadness4674
@murraymadness4674 2 күн бұрын
I've always thought going around in circles was pretty dumb, but I used to watch the races when I lived in Florida, have not watched a race for decades now. I'm a participant not a spectator.
@jp6614
@jp6614 Күн бұрын
Ricky Hendrick Uptown hustle never end$
@sluggotinfantryman
@sluggotinfantryman 7 сағат бұрын
Get the Saudis to fund new series.
@brawndothirstmutilator5863
@brawndothirstmutilator5863 10 сағат бұрын
I remember 43 spots that start the race. Bring back 43.…..
@swingAE86
@swingAE86 2 күн бұрын
It's another story of a sport that is too tied up in big corporate sponsorships.
@Mr.Magicstick
@Mr.Magicstick 2 күн бұрын
You also forgot,In the new TV/ Charter agreements Nascar and The France family want to own a Charter and start a cup team, "Kinda like how Penske own's Indy car and Indianapolis Raceway." If the teams agree to that, It will be a huge conflict of interest. Having those who make the rules also competing in the series. Nascar needs to allow teams to own there Charter's an the Owners have a seat at the table. Just as every Major sport, Could you imagine if the NFL only leased the teams to the Owners and were expected to give them back to the NFL every new TV deal! Teams and drivers say they wont split like Indy car / Cart did back in the day, But here it is halfway thru the season and their farther apart then ever! If something BIG doesnt happen come Feb 2025 the Daytona 500 is gonna look really empty. Does Nascar really think without Hendrick, Gibbs, RFK, Penske, Trackhouse, 23/11, JTG, Spire, RCR, The Wood Brothers, Legacy Motors, RWR, Front Row and, Kaulig Racing that they will be able to put on a show and keep fans in the stands. It will be a Death Sentence!
@SteveKerr-ob5bi
@SteveKerr-ob5bi 2 күн бұрын
I’ve been a NASCAR fan since 1962 (I was 10) since Fireball Roberts won the Daytona 500 and I can honestly say that I am truly surprised that they (NASCAR) have survived this long. Charters reduced the playing field from 43 to 40 cars/teams in 2016 and now because charters only guarantee 36 teams a starting spot, sponsors rarely attach themselves to non-charter teams making new start-ups nearly impossible but going backwards to the days when you teams MUST qualify to race would once again give every team an equal opportunity to not only qualify for every sanctioned event but it would open doors to long term sponsorships that obviously pay the bills and open doors for smaller teams to race (remember the Start and Park teams). Just my 2¢
@johnberger51
@johnberger51 2 күн бұрын
I honestly want a USAC/CART-like split to happen.
@ElProblemo1
@ElProblemo1 Күн бұрын
9:16 Dale Junior should start his own racing league. I guarantee you NASCAR would come to the negotiating table real quick.
@xXSTUART30Xx
@xXSTUART30Xx 2 күн бұрын
Wouldn't it be funny if the FIA stepped in and gave a reasonable stock car oval/road course formula proposal for the splinter teams and it took off? I think it would be hilarious.
@Dexter037S4
@Dexter037S4 2 күн бұрын
Funded by Saudi Money? That's just as bad.
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