And McKinsey or Bain or BCG are probably the consultancy behind them.

Billionaires shouldn't exist.

@@adam6072 Except for Warren Buffet who has donated 57 Billion so far to charity, with more promised.

@@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.

​@@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.

Yeah making billions for providing nothing of value to the world is kind of insane. Exactly why the stock market shouldn't exist.

@@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.

AKA: Exploitation

@@timothyrockwell2638 absolutely! We the people are the product.

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.

Seriously they are

One of them was even a druggie. All of that nonsense in the rules of NASCAR, including the Charter System, was implemented/approved by a guy who was high on drugs.

@@DR3ADER1 "druggie" in 2024. im not into woke or anything, but you are the opposite of woke. you are fast fucking asleep. what kinda stuff do you drink when you watch NASCAR? it wouldn't happen to have hops and alcohol in it?

I’d call it not wanting to be fair to more accurate. They’re stealing literal profits from the workers (race teams)

The Dimmsdale Ballhogs?

Elizabeth Greenhunts Get to her with her name..

Good i got here. Thanks

Great info..

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)

They sent me an email to go to the Chicago race. $175 per day or some crap. No thanks. I’ve been priced out of attending races

@mattcardarelli ...you can watch on TV for free though

⁠That’s crazy expensive 🙄

*you misspelled accountants.

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

​@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.

Yeah I guess they shouldn’t have let Michael Jordan in as a team owner, since he is worth $3.2 billion. Good point.

I hate billionaires. They are the ones ruining the economy

That's a DW quote.

No, that's a Richard Childress quote.... DW quoted RC!

@@johnobrien6052 Why, thank you, sir. I'm so ashamed. A lifelong fan of the 3 shoulda known that.

Bam

Except false for top-level teams. Their fortunes grow every day.

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.

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.

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.

And go bust?😂😂 nah I don't think so.

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.

The best team in NASCAR has shut down a few times before actually.

@@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

becasue Joe Gibbs Racing starved them out

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.

@@jabber1990 precisely that. Despite being a powerhouse, they still had to rely on JGR to survive despite surpassing them

Tony is leaving but Gene Haas is planning on keeping a Charter ( ? )., and the 2 car Xfinity team. Mostly they will stay with Ford.

I'd hope that the racers could pool their own money and start their own races.

i figured it was because Tony Stewart's conscience is catching up to him. the whispers at the track are deafening

Faak Stewart in all his endeavors. I saw what happened, I do not forget, and I am not alone.

You are definitely alone!!!

There are no new leadership. It’s a private company. One family runs the whole thing. Always has.

Oh? the anointed one who is worth 300M. How many did he step on to create it? Sold them a bunch of worthless diecast?

@@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

@@fred-ts9pb Those folks cheerfully paid their hard earned cash for those diecast. No body robbed them, no one ripped them off. They were happy to buy them, happy to own them. Junior is also the fellow that during the 2008 financial crisis asked Rick Hendrick to cut his reduce his salary by $1,000,000 so none of his team would be laid off.....that's out of Rick Hendricks mouth. So greed doesn't seem to be a motivating factor. I'm sure it annoys the hell out of you but more people know Junior than ANY current driver. That's just a statistical fact you can find with a few minutes and your favorite search engine. Like it or not, to the general public Dale Earnhardt Jr. is the face of NASCAR.

Lol, they cheat the most. The system is literally built for them. Look what that disgrace DeSantis did for them.

Vote Jill Stein!

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

Ain't capitalism great?!

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.

@@kurtpittman7225 Conservative courts believe in the constitution while liberal courts believe in legislating from the bench.

finally people are starting to see who the real enemies of the people are

Let keep this momentum going.​@@ohiasdxfcghbljokasdjhnfvaw4ehr

@@WonTooForAte9 Seeing what most of those people are like. I really don’t.

@@WonTooForAte9 You do that, pay your fair share of taxes and maybe regularly give to charities or mutual aids and you will be one of those rare breeds where wealth doesn’t taint you🙂

Good let the hate flow through you

The biggest cheater of them all. Sounds like the billionaire's vilified here.

It's only cheating if you get caught, now that's racing ​@@fred-ts9pb

They can get a job at MCD's. I don't remember anyone twisting their arms?

They're not lazy. They go to meetings.

​@fred-ts9pb what a riveting sentiment.

wont work the billionaires will just screw them into the dirt, big loss, except for them

@@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.

F1 already did that, only thing gthat changed was they quit racing in the US for 10 years

@@needsmetal well then there is not very much nascar outside the US is there ??

and how did that work out for Tony Stewart?

Good to know that Michael Jordan is a sociopath according to you, because he is worth $3.2 billion. Fantastic reasoning you have there.

Fact

or a Comunist -Socialist.

@@johnhill7058 thanks for letting us know that something about you... 🤣🤣🤣

Oy Vey!

It CHASED me away from watching. Still have stacks of VHS tapes from the 90s when I wouldn't miss a race, now I watch part of a race or two a year - not bothering to tune in until the race starts AKA 3rd Stage.

A bit like goodyear. How about a tyre CHOICE?

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.

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

I'm right there with you. I started watching IndyCar instead, and it's so much better

@@oldred9122 well thank God IndyCar isn't ran by a Billionaire!

@@jabber1990 Yeah... About that...

Epic quote, if true haha 😂

Actually I think that was from Smokey Yunick

@@judefernandez9234 it might of been, I know it was from one of the drivers from before/just as the transition between old to modern era and was was a legend driver.

No, I'm sure teachers, along with others, were bought and paid for to bustle him along through school. The guy doesn't seem too bright.

That idiot is a billionaire

Younger generations can't even read Roman numerals..........

​@@dcpsujagits not that hes young. He just doesnt know anything about the sport.

lol why did you have to qualify it with I mean this in a nice way

Billionaires arent even the 1%... Theyre in digits that usually get rounded to 0

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.]

Many of the owners are billionaires themselves

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.

@@rabid24fan71 lol ... Billionaires complaining about billionaire greed

that is NOT what those fans were saying don't let NBC lie to you

There is a reason why this year's Indy 500 didn't allow political branding(true or not of said chant).

@f1champ551 that's Indycar though,

@@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.

EX-FKNG-ACTLY!!! But that's just what "they" told us the chant was.

It's all pro sports

Sadly they won't.

Take betting away and many that post on this board would be mad. Only betting I do is with stocks.

@@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

And that's why f1 is soo popular

Next Gen cars make it so every car on the field is the same. you should tune into Chicago this weekend brother

In capitalism, it’s a feature, not a bug.

😆

NASCAR and Indy are not the same organization

@@patriot9487 no shit clearly you didn’t read the comment

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.

@@07Flash11MRCor three jobs 😅

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.

​@@baileykeller288I hear your point, but not EVERY president cut taxes for billionaires.

@@07Flash11MRC More like 100 Million

It still is just as good as ever. Went to the “Night of Fire” at the LVMS Bullring last night. So awesome!!

I was thinking about that, how homeless people are being scapegoated and no one looking at the root of the problem, how the working class is being squeezed into oblivion and small businesses cannot exist anymore due to billionaire and corporate greed.

Original Wrangler was #2

I'm with you tho, Nascar used to be cool!

And who controls all the money? Who owns all the central banks? It’s not greed. It’s much more evil.

Its funny because hes a billionare because his anti union father build somwthing up from the dirt.

​@@lazarbro is ur name France too?

Don't forget the huge tax break the France family got on their profits from Daytona track. It was proposed to cancel that sweetheart deal on the revenue from the 2 Daytona race and real estate taxes 9n the speedway property, obligating the France family to pay taxes like every other business in the Daytona FL locality. France threatened to pull the 2 Daytona races and move them elsewhere (Talladega which they own or possibly work a deal with Indianapolis). The fair taxing proposal of Daytona Speedway quickly vanished and Speedway Corp still enjoys that tax sweetheart deal today. Agree Bill France Sr did create something out of nothing without any union challenges but he sure got a sweetheart deal on tax cuts for the last 66 years and counting.

Mostly because they love the sport

Fame.

@@JackLikesTrackhouse and if you have money to spare I guess

beats having to work for a living

Hint... They aren't!

I know it sucks

"More Prefect Union" sounds like it belongs in Japan.

"WWE of auto racing" is a perfect descriptor.

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

Don’t be worried. NASCAR owners and teams are not brain dead. They will solve this issue. 💯

@@rvegas3240 ummmmmm? Have you been watching NASCAR since 2014? The owners are quite brain dead

The racing was ok in both leagues the only thing bad about it was ABC and ESPN's terrible broadcasts

Don’t be ignorant…

It tried in the 60s, it was union-busted.

my brother in Christ, 2/3 of the tracks they race at make them turn left

@@the_gp9_802 Yes, that's why one would think it comes natural to them

and how did that work out for Tony Stewart?

I think you are arguing the exact opposite of what they were hoping for.

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

@@jabber1990 I'm surprised that NASCAR hasn't jumped on that boondoggle bandwagon yet.

How do you think North Wilkesboro got restored?

@cdmit27 Bailed out with CARES money Since it's privately owned I've kept my mouth shut about sports teams getting $1B stadiums built for free ever since

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.

​@fred-ts9pb That's why I buy my cars and trucks from a dealership that has just the dealership. Mom an pop shopping. But when you have an issue.... the owners office is right in the show room floor.

Exactly, do you know how many Chevy dealerships Rick has, he is the second biggest Chevy dealer in the country. His Nascar teams are a tax write-off

Irony at its finest

Funded by Saudi Money? That's just as bad.

Harder to fool.

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.

preach. it will be kinda funny though when 2045 Nascar is two billionaire teans with 18 cars each and everything is consolidated more than you could possibly imagine

But NASCAR doesn't want anything that resemble a union also they don't want it to be like the NBA/NFL where the owners and players run the show. Unfortunately for NASCAR the NBA/NFL may just be the cheaper and most profitable model for them. F1 will probably start to price themselves out as well.

​@@dcpsujag Will probably start? They already did. That's why there's (finally after years of whining from teams) a cost cap in place and better revenue sharing. But of course, all that sounds too much like communism for the France family to entertain. Fucking ghouls.

😂😂😂😂😂😂😂

You mean DeathSatin

The floridiots love'em tho.

Go hang out with some blue haired pronoun ft

Taking the automotive engineers out of racing is probably the dumbest thing NASCAR ever did. Racing was always about horsepower.

I gave it up along with football, they are all now pussified whiners! I liked the Skoal Bandit, Harry Gant!