SportsBusiness Daily — Sports Business Resources — your sports business news and information source. Learn More
Advanced
Home About Us Advertise With Us Marketplace/Classifieds College & University Program Subscribe/Trial My Account

Thursday
March 27, 2008
Print This Issue


 
MOST VIEWED STORIES
View the top 20 stories
 
Recent Issues
Leagues & Governing Bodies

Fuel Costs Hurt NASCAR Teams In Transportation, Not On Track

NASCAR Teams Feeling
Affects Of Rising Fuel Costs
NASCAR officials said that its teams on the track are "not affected by the day-to-day fluctuations" in fuel costs, but by "sending transporters to races and tests, and flying crew members all over creation, NASCAR's teams are feeling the pinch just like everyone else," according to Marty Smith of ESPN.com. Fuel for the races is "provided cost-free from Sunoco to the teams as part of its exclusivity agreement with NASCAR," and NASCAR's use of the racing fuel has "no impact on the availability or price of regular gasoline." NASCAR indicated that the "amount of fuel used during races is insignificant when compared to the amount of day-to-day consumer use of fuel." Americans on average use 366 million gallons of gas per day, compared to 135,000 gallons per year for the Sprint Cup Series. Smith noted NASCAR "plans no change in race lengths." But Michael Waltrip Racing (MWR) GM Ty Norris said that "over-the-road cost is up" 35% in '08, and the "real cost is airplane fuel." Norris indicated that MWR "continually shop[s] for more affordable prices, and three weeks ago landed 20 minutes south of McCarran Airport in Las Vegas in the effort to save money." The decision saved the team $10,000. Richard Childress Racing Team Manager Mike Dillon said that his team has "reduced its fleet of airplanes" from five planes to three. Dillon: "We've been flying to Bristol for the last 10 years, but last week, all of our teams drove." With Sprint Cup teams "hurting, Nationwide Series and Craftsman Truck Series teams search for new ways to combat the fuel cost." Craftsman Truck team Owner Stacy Compton said that his team is "pursuing sponsorship opportunities just for fuel credit cards." Compton: "That's something we've never done before, but with fuel prices almost triple the amount that they were three years ago, it's certainly putting a cramp on everything we're doing" (ESPN.com, 3/26).


Get A Free Trial To SportsBusiness Daily

Reader Comments

To post comments on this article, log in or register for a free trial.

Related Stories By Company Related Stories By Sport
Jimmie Johnson Falling Short With Fans
November 20, 2009 : SportsBusiness Daily

Wheels & Deals
November 16, 2009 : SportsBusiness Daily

First Time, Long Time With Dave Moody
November 13, 2009 : SportsBusiness Daily

France Wants Drivers To Show Personality
November 12, 2009 : SportsBusiness Daily

Wheels & Deals
November 12, 2009 : SportsBusiness Daily

Jimmie Johnson Falling Short With Fans
November 20, 2009 : SportsBusiness Daily

Power To Compete In IndyCar Full-Time In '10
November 20, 2009 : SportsBusiness Daily

Mercedes' Brawn Takeover A No-Brainer
November 17, 2009 : SportsBusiness Daily

Ashley Force Hood Becoming Big Brand
November 17, 2009 : SportsBusiness Daily

Wheels & Deals
November 16, 2009 : SportsBusiness Daily

ALSO IN THIS SECTION


A Publication of Street & Smith's Sports Group.
Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement (REVISED 2009-06-23) and Privacy Policy (REVISED 2009-06-23).

© 2009 Street & Smith's Sports Group and its licensors. All rights reserved.
The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Street & Smith's Sports Group.