dando
05-20-06, 09:42 AM
An interesting piece I dug up on ESPN.com:
http://sports.espn.go.com/rpm/news/story?series=1&id=2439923
Sponsors have also left open-wheel cars for stock cars in droves -- turned off by the open warfare in open-wheel racing and turned on by the burgeoning NASCAR fan base.
Companies are in this for exposure, after all, which is what Joyce Julius & Associates measures. The Ann Arbor, Mich., firm calculates companies' sponsorship value based on the amount of airtime their logos get during races. The higher the TV ratings, the more that exposure is worth. The Julius measure allows for a lugnuts-to-lugnuts comparison of the leagues' cumulative sponsorship value in 2005: ChampCar $98 million, IRL $340 million, NASCAR ... $5 billion.
:eek:
EDIT: forgot to hit enter on my edit comments...not much new in the article, as it repackages info from various sources. However, IMHO it underscores the current state of affairs b/w the three series, and how diffcult the climb back will be. Not unpossible, but pretty darn close. :shakehead
And, yes, I agree that the $$$ for cabs must be for the complete package, but they also have 3x the schedule and 4x the ratings for a typical race.
-Kevin
http://sports.espn.go.com/rpm/news/story?series=1&id=2439923
Sponsors have also left open-wheel cars for stock cars in droves -- turned off by the open warfare in open-wheel racing and turned on by the burgeoning NASCAR fan base.
Companies are in this for exposure, after all, which is what Joyce Julius & Associates measures. The Ann Arbor, Mich., firm calculates companies' sponsorship value based on the amount of airtime their logos get during races. The higher the TV ratings, the more that exposure is worth. The Julius measure allows for a lugnuts-to-lugnuts comparison of the leagues' cumulative sponsorship value in 2005: ChampCar $98 million, IRL $340 million, NASCAR ... $5 billion.
:eek:
EDIT: forgot to hit enter on my edit comments...not much new in the article, as it repackages info from various sources. However, IMHO it underscores the current state of affairs b/w the three series, and how diffcult the climb back will be. Not unpossible, but pretty darn close. :shakehead
And, yes, I agree that the $$$ for cabs must be for the complete package, but they also have 3x the schedule and 4x the ratings for a typical race.
-Kevin