Motor Racing and Formula One

Chris DiCicco asked:


Make no doubt about it, NASCAR is a business and is run like any other major corporation. NASCAR is a family-owned business with Brian France as the third-generation CEO. Brian France is the son of Bill France, Jr., who passed away at the age of 74 in June of 2007.

The current President of NASCAR is Mike Helton. What is interesting about Mike Heltons appointment as President of NASCAR in the NASCAR organization structure is that he is not a member of the France family. He was named as President in the NASCAR organization in 1999. That was a year that would see much change in the NASCAR organization in terms of safety because of the sudden death of Dale Earnhardt on the last lap of the 2001 Daytona 500 and it was because of this incident that NASCAR would begin to head numerous initiatives for the safety of drivers and fans.

The very nature of a family-controlled organization means that the family will control most of the proceeds. This has been a criticism by some who think NASCAR should be a joint owner-player type of profit sharing model. Other critics have made assertions that the NASCAR organization could do more for driver safety. And there have been accusations that the NASCAR organization is too monopolistic in its policies. But millions enjoy the sport promoted by this business and advertisers love the exposure they get. Plus, the championship prizes seem to be attractive to many drivers.

NASCAR is not publicly-traded on the stock exchange however its major sanctioning body is International Speedway Corporation which is publicly traded on the NASDAQ under stock symbol ISCA. ISC owns as well as operates 11 motor speedways plus is a major promoter of motorsports. Bill Frances sister Lesa France Kennedy and his uncle Jim France is the Vice Chairman of the Board and Chairman of the Board/CEO respectively.

Although not an organizational structure per se, NASCAR organization structure is built around three main events which could be thought of as three main lines of business: 1) The NASCAR Nextel Cup Series, 2) The NASCAR Busch Series, and 3) The NASCAR Craftsman Truck Series.

And a fundamental part of the NASCAR organization structure is the promoters. Promoter sponsorship has drawn some criticism from the fan base because more and more it seems that NASCAR is more about commercials than it is about racing. However, in order for NASCAR to stay alive as an organization it needs the sponsors. Ticket sales alone will probably not bring in the revenue needed to stay healthy in business.

The Nextel Cup Series is the most prestigious of the NASCAR organization. This series starts with the Daytona 500 at the beginning and consists of 36 races in 19 states and on 22 different tracks.

The second premier event in the NASCAR organization is the NASCAR Craftsman Truck Series. This event started in 1996 and was previously known as the SuperTruck Series. Its roots come from a display of a NASCAR-style pickup truck at the 1994 Daytona 500.

And the last premier event in the NASCAR organization is the NASCAR Busch Series which is considered to be like the minor leagues of NASCAR.



Arrianne

Lee asked:


With Hendrick have Jeff Gordon, Jimmie Johnson and Dale Earnhardt, Jr.

And Joe Gibbs having Tony Stewart, Denny Hamlin and Kyle Busch.
I didn’t think about JGR going to Toyota next season. Is that a definite thing? Is JGR really leaving Chevy for Toyota?
I don’t think Stewart and Kyle Busch are going to get along as team mates. I see alot of arguing going on there.. they are just too much alike and both pop off at the mouth and have short tempers.

Larissa

Sam K asked:


The car I would put it in would be a 70’s type muscle car like the 1970 chevelle. The Chevelle would have a manual transmission and would weigh about 3500 lbs. The motor would be the non-racing version of the 572 big block and it would be carbeurated.

Karl

Zeek asked:


How to get prepared for a Go-Kart race. Physically-mentally

Kelly

Kell Belle asked:


i am attending the race and never been to one…my seat is at the bottom champions section near the flag stand….i was just wondering what to expect and any info would be appreciated.. ..

Ross

Chris DiCicco asked:


Make no doubt about it, NASCAR is a business and is run like any other major corporation. NASCAR is a family-owned business with Brian France as the third-generation CEO. Brian France is the son of Bill France, Jr., who passed away at the age of 74 in June of 2007.

The current President of NASCAR is Mike Helton. What is interesting about Mike Helton’s appointment as President of NASCAR in the NASCAR organization structure is that he is not a member of the France family. He was named as President in the NASCAR organization in 1999. That was a year that would see much change in the NASCAR organization in terms of safety because of the sudden death of Dale Earnhardt on the last lap of the 2001 Daytona 500 and it was because of this incident that NASCAR would begin to head numerous initiatives for the safety of drivers and fans.

The very nature of a family-controlled organization means that the family will control most of the proceeds. This has been a criticism by some who think NASCAR should be a joint owner-player type of profit sharing model. Other critics have made assertions that the NASCAR organization could do more for driver safety. And there have been accusations that the NASCAR organization is too monopolistic in its policies. But millions enjoy the sport promoted by this business and advertisers love the exposure they get. Plus, the championship prizes seem to be attractive to many drivers.

NASCAR is not publicly-traded on the stock exchange however its major sanctioning body is International Speedway Corporation which is publicly traded on the NASDAQ under stock symbol ISCA. ISC owns as well as operates 11 motor speedways plus is a major promoter of motorsports. Bill France’s sister Lesa France Kennedy and his uncle Jim France is the Vice Chairman of the Board and Chairman of the Board/CEO respectively.

Although not an organizational structure per se, NASCAR organization structure is built around three main events which could be thought of as three main lines of business: 1) The NASCAR Nextel Cup Series, 2) The NASCAR Busch Series, and 3) The NASCAR Craftsman Truck Series.

And a fundamental part of the NASCAR organization structure is the promoters. Promoter sponsorship has drawn some criticism from the fan base because more and more it seems that NASCAR is more about commercials than it is about racing. However, in order for NASCAR to stay alive as an organization it needs the sponsors. Ticket sales alone will probably not bring in the revenue needed to stay healthy in business.

The Nextel Cup Series is the most prestigious of the NASCAR organization. This series starts with the Daytona 500 at the beginning and consists of 36 races in 19 states and on 22 different tracks.

The second premier event in the NASCAR organization is the NASCAR Craftsman Truck Series. This event started in 1996 and was previously known as the SuperTruck Series. Its roots come from a display of a NASCAR-style pickup truck at the 1994 Daytona 500.

And the last premier event in the NASCAR organization is the NASCAR Busch Series which is considered to be like the minor leagues of NASCAR.



Isabelle

Bluegrass Rocks asked:


Got a 1955 chevy should I go? Do I stop? Does he think I’m drunk? What the heck do I do????

Alfred

Rod Stewart asked:


can you name 5 motor racing drivers, past and present, whos names sound like Scottish place names, one of thems a trick name, clever though…

Eugene

Chris DiCicco asked:


The NASCAR Hall of Fame was designated to be built in Charlotte, North Carolina on March 6, 2006 and groundbreaking began in 2007. It is projected to be opened for visitors in 2010. The Hall of Fame will be a welcome asset for tourism in Charlotte plus create jobs for the locals. It will have an office building that will house the business operations of marketing the NASCAR image and licensing. The NASCAR Hall of Fame has also adopted the words Racing was built here Racing belongs here as its slogan.

Besides being a very modern building that captures the spirit of racing, the NASCAR Hall of Fame has as its first mission to pick the first inductees. There are some unofficial Hall of Fame sites where people are taking polls and we will take a look at some of the popular drivers getting voted for.

Lee Petty had 54 victories and is the father of Richard Petty. He raced during the 1950s an 1960s when NASCAR really began to take off. His home state is also that of the NASCAR Hall of Fame: North Carolina. He was inducted into the International Motorsports Hall of Fame, The Motorsports Hall of Fame of America, and elected to the North Carolina Sports Hall of Fame.

Richard Petty is getting a lot of votes at unofficial NASCAR Hall of Fame sites and it is to no surprise. Richard Petty has 200 wins and 7 championship titles. He and Dale Earnhardt are the only two drivers in NASCAR history to have 7 championship titles. Richard Petty was dubbed the title of the King of Racing. He is the son of Lee Petty who was also a championship NASCAR driver.

Bobby Allison is another well-known name is racing. He has 84 victories with 3 Daytona 500 championships.

Cale Yarborough has 83 victories plus he is famous as being the only driver to win 3 straight championships. He is ranked 5th in the All-time NASCAR winners list. He has also been the winner of the Daytona 500 four times.

Bobby Isaac had to leave a race in 1977 because of heat exhaustion. During the time they were treating him he had a heart attack and died. In his short life of 45 years, he would achieve 37 victories. He would also set 28 world land speed records at the Bonneville Salt Flats in Utah (outside of the NASCAR competition). He would eventually be named as one of 50 of the all-time great NASCAR drivers. He is also a 1979 inductee of the National Motorsports Press Association Hall of Fame.

There are other NASCAR driver greats being considered including Buck Backer, Clay Earls, Tim Flock, and Junior Johnson.

Charlotte, North Carolina is a perfect location for the NASCAR Hall of Fame because there are over 50 teams of the Busch, Craftsman Truck, and Nextel Cup Series Championship competition all in close proximity to Charlotte. And Charlotte was the home of the first premier NASCAR race in 1949. Thats why they say racing started in Charlotte and should remain in Charlotte.



Faith

forallbueaty asked:


if you can put your sources i would apreciate, it’s a political question i’m wondering why are men so interested in polluting the air they inhale

Taylor