Does kicking NASCAR out of Indy make financial sense? (Update)UPDATE Well, it appears one fan took this article seriously and created a Facebook page for the campaign. Will the France Family ever let IndyCar race at the stock car shrine - Daytona? We already know the answer to that. Not until they own IndyCar.
06/10/13 Does kicking IndyCar's arch enemy NASCAR out of Indianapolis and replacing it with a 2nd IndyCar race, a 400-miler on the oval, make financial sense? Let's evaluate:
NASCAR Brickyard Weekend
Indy 400 Weekend
Ticket Sales 80K @$85
Ticket Sales 150K@$85
Sprint Cup Sanction Fee
400-miler prize money
Nationwide Sanction Fee
Grand-Am Sanction Fee
*Excludes suites, souvenir and concession sales, plus additional sponsorship revenue. Assume equal for both races
Conclusion: In general terms the Hulman George family would be wise to kick NASCAR out of Indy and focus their efforts on making a second IndyCar race a success. Not only is the gross income about the same, but instead of writing a check and giving it to arch-enemy NASCAR and its teams, IndyCar would be paying its own teams $5 million more in the way of prize money (with $1 million going to the winner). And since the race would be a home race for IndyCar and its teams, no hotel costs are incurred - pure gravy.
NASCAR only serves to dilute the IndyCar brand at IMS - IndyCar's holy shrine. The Hulman George family needs to return the most famous race track in the world to all about IndyCar. And only IndyCar. As it is, they've let their arch-enemy into their backyard and it's like a lawn fungus, killing IndyCar at its roots. The Indy 500 has not sold out since NASCAR came in, and it used to sell out for the following year the day after the current year's race was over.
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