NASCAR needs To wakeup and smell the economy

by Jeffrey Gearhart

(Archives/Bio)

 

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Posted on March 31, 2009

 

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It is time for NASCAR to wake up! As I sit and watch week after week cars that go unsponsored, I can’t help but wonder if NASCAR is paying attention. With gas prices slowly climbing up, and the stock market in a rapid descent, there is no arguing we are in a poor economy. From the single mother working hard to raise her kids, to the executive in a corner office struggling with a budget, we are all feeling the effects. Or are we? In NASCAR, there is no doubt the economy is being felt. Despite team mergers and layoffs NASCAR continues to stay strong and move forward. But what about the teams that are struggling more than others? Never in my life did I think I would ever see Dale Earnhardt Inc. have another name attached to it, unless it was Earnhardt related. Would Dale Earnhardt Sr. approve of it? We’ll never know, but that is one definitive sign of the struggling economy in NASCAR. Why are teams having a hard time finding full time sponsors? Well it’s obvious that even the big corporations are feeling the effects, by not spending millions to sponsor a NASCAR team. What a great way for a company to promote their name or product with NASCAR as the number one spectator sport.

But is NASCAR being stingy or political? During the Goody’s Fast Pain Relief 500 at Martinsville on Sunday, there were three teams with no sponsor and one with the team name. Drivers Todd Bodine, Joe Nemechek, and Robby Gordon had sponsor less cars, and David Stremme had the Penske name on the car. Now with Stremme’s situation, they are in fact sponsored by Verizon but due to Sprint being the title sponsor for the Cup Series, are not allowed to use any Verizon names or logos on the car. Let’s not forget the teams that have multiple sponsors for their cars just to make it through the season. And there are those teams that can’t continue due to lack of sponsors.  With the poor economy and teams struggling to survive, NASCAR needs to swallow their pride. Will it really hurt NASCAR to allow someone like Verizon or AT&T to be on a car? If anything it will make NASCAR money because those teams will be able to race. I’m sure it goes much deeper than just that, and I’m sure there are some legal things that prevent it, but why can’t they take the current state of the economy into consideration?

By allowing these teams to have “conflicting” sponsors, not only does it allow these teams to race but it opens up the door to help improve the economy. It could allow teams to hire out-of-work crew members, help a company advertise and promote, and in turn fans may be apt to buying a product or supporting a company. It’s not just at the Sprint Cup level either. There are teams at the Nationwide and Camping World Truck Series that are struggling for sponsors. Now I may completely off on this whole subject, and it may go deeper that the superficial things we see, but from a fans perspective it is those superficial things that can make a big impact.

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