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What's the Size of NASCAR?



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So, how big is NASCAR? In some ways, NASCAR can be described as a major business. The average team's value is $143 million, and the annual revenue is $100 million. NASCAR suffered from the recession, which saw fans cut back their spending. However, attendance numbers have been rising in recent years. This article provides some key information on NASCAR. Continue reading for more information. Below are some interesting facts about NASCAR.

190,000 fans

NASCAR is a very popular sport. Nearly 33% of Americans have a NASCAR fan. The sport is watched by 75 million people annually, with more than 40 percent being women. NASCAR races are also broadcast around the world. 17 of the top 20 sporting events are NASCAR races. NASCAR is a popular spectator sport with the second highest TV ratings after the NFL. Its current TV agreement, which dates back to 2007, is worth $4.5Billion. That's $560M annually. The US has the largest tracks with more than 190,00 fans.

NASCAR has a huge business. Each team earns over $100 million annually and an average price tag is $143 million. But, NASCAR saw a drop in attendance due to the recession. Many fans had to cut back on their spending. The sport has seen a rise in popularity and attendance numbers recently have improved. This popularity is an indication of the growing interest NASCAR has. And the sport is evolving. Stick-and ball fans will always be grateful for the heroes of their youth. But they will also welcome new stars.


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Sixtieth largest average live global TV audience

NASCAR's opening event is a highlight in a year that has seen sports like basketball or football dominate the schedule. Daytona 500 is that event. It attracted over 20 million viewers to 2006 edition. The Sprint Cup season spans nine months and includes 36 races at 25 different tracks. Daytona 500 was most watched race with an average global TV audience 21.7 million.


This is due to an increased global TV viewership of motorsports. NASCAR's live global average TV audience now ranks sixth, behind Formula 1 (with 471,000,000 viewers). Despite being confined to the Americas, NASCAR races have the sixth-largest average live global TV audience. NASCAR races air typically in the early mornings in European time zones.

Cost of racing

Budgeting is essential when starting a NASCAR racing crew. You will need to pay for equipment, staff, travel and other expenses. You might need more money depending upon the size of your group. A single race can run more than $1million. The cost of a championship season could be twice as high. To get a return on your investment, you should seek sponsorships.

Depending on the type of sponsor, you may need to spend tens of thousands of dollars. Sponsorship deals can range from a few hundred dollars to several hundred thousand. The NASCAR race cars are approximately $200,000 in total, with the engine costing about half. A firesuit can cost up to $46,000, while dry cleaning can run as high as $2,000. NASCAR teams must ensure that their vehicles are in good condition throughout the season.


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Nascar has many divisions

NASCAR offers several series for fans. While most fans will be glued to the premier series, some may also follow the Camping World Truck, Xfinity and Whelen Modified Tour. Even local and regional feeder series are enjoyed by serious race fans. These series have been around for over 50 years. Many formats have been tried, some becoming extremely popular and others lasting only a year.

There are currently three series of NASCAR, including the top level Cup Series, the lower-level Xfinity Series, and the International Series. The Cup Series uses bigger and more powerful cars, while Xfinity Series acts as a proving field for the big leagues. The Truck Series includes pick-up trucks. These divisions are not the only ones NASCAR has. NASCAR also offers a World Series of Racing.




FAQ

Which country holds the most car races?

USA - more than 100 countries hold car races. USA hosts the largest number of car races, with more than 300 each year.


Who invented the car racing sport?

Charles Brady King, who in 1896 built Long Island's first automobile racecourse. On July 4, 1896, the first automobile race was held.


Where do race car drivers receive their training?

Race car drivers learn to drive by using different methods. Most learn how to drive a car. Then, they move to a simulator. A simulator can be described as a virtual reality computer gaming experience. You can control a vehicle by sitting in a room.

After that, you'll be able put your skills into practice. You will be taught how you can maneuver around corners, and turn sharp curves.

You will be able to race against other drivers after this.



Statistics

  • Forget the 200-mph battles of the late 1980s; no one, not even McLaren itself, predicted the inimitable F1 would go as fast as it did. (motortrend.com)
  • According to AutoSport, IndyCar's top speeds are 380km/h or 236 mph. (motorbiscuit.com)
  • According to thepostgame.com, “The Daytona 500 is one of four ‘restrictor plate' races on NASCAR's calendar, given both safety and competitive concerns for the long track and its famous 31-degree banking in its four corners.” (defensivedriving.com)
  • Acceleration is a little gentler (relatively speaking) too, with 0-100km/h taking an estimated 3.1 seconds and 0-200km/h covered in 7.8 seconds. (autosport.com)
  • This change may give an improvement of up to 29% fuel efficiency. (en.wikipedia.org)



External Links

nhra.com


en.wikipedia.org


fia.com


nascar.com




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What's the Size of NASCAR?