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Speeding Through Speeding Through the Yearsthe Years
A Brief History A Brief History of NASCARof NASCAR
Created by Dallas Duncan and Dr. Frank Flanders
August 2010
What is NASCAR?What is NASCAR?• Short for National
Association for Stock Car Auto Racing
• Three series– Sprint Cup series– Nationwide series– Camping World Truck
series• Began in 1953 in
Daytona, Florida, where NASCAR still calls home Aerial view of Daytona International Speedway in Daytona, Fla.
Some Names to KnowSome Names to Know
• Richard Petty, “The King”
• Dale Earnhardt, “The Intimidator”
• Bill Elliot, “Awesome Bill from Dawsonville”
• Cale Yarborough, winner of three consecutive championships
Richard Petty, Dale Earnhardt, Model of
Bill Elliot’s McDonalds car, and
Cale Yarborough
TracksideTrackside• More than 1,200 races at 100
tracks across North America• First race was held Feb. 15,
1948• First Sprint Cup (formerly
NASCAR Grand National, Winston Cup, Nextel Cup) event in 1949
• Nationwide (formerly Busch) series began in 1982
• Camping World (formerly Craftsman) truck series began in 1994
Thousands of fans pack NASCAR stadiums each race weekend to watch three high-speed chases
for victory
Racing Comes to the MassesRacing Comes to the Masses• 1979: Daytona 500 becomes
the first 500-mile race in history to be telecast live
• 1989: Every race on the Cup series schedule is televised live
• Early 1990s: NASCAR feature stories in Sports Illustrated and Forbes magazines
• 1995: NASCAR website launched
• 1993 – 1998: Race attendance grows by 57 percent
Being in sponsors’ TV commercials helps drivers such as Kasey Kahne market not only the sponsor, but NASCAR as a whole
Racing Comes to the MassesRacing Comes to the Masses
• 1999: NASCAR consolidates a TV package with FOX Sports and NBC Sports; Dodge vehicles come back to the tracks
• 2004: Chase for the Cup introduced
• 2006: Toyota begins racing vehicles
Sprint Cup series Driver Mark Martin gets interviewed for a pre-race TV program
Big Name SponsorsBig Name Sponsors• Companies and brands can sponsor
actual races or maybe located on cars, pit stops and uniforms
• Official sponsors include:– Coca-Cola (Official Soft Drink)– Gillette (Official Shaving Product)– Goodyear (Official Tire)– Tylenol (Official Pain Reliever)– UPS (Official Delivery Service)– Chevrolet, Dodge and Toyota
(Official Passenger Cars)– Ford Trucks (Official Truck)
Sunoco is the Official Fuel of NASCAR. Advertisements for it can be seen all over the
tracks.
Money MakersMoney Makers
• NASCAR brings in revenue from advertising sponsors, ticket sales, merchandise sales and hosting other events at racetracks
NASCAR brings in revenue from selling driver-related merchandise, such as this fan’s jersey, pants, and hat.
CAUTION!CAUTION!
• As with any sport, NASCAR races come with their share of risks and intense competition…
NASCAR Camping World Truck series driver Rick Crawford takes his truck behind the wall to be worked on, in hopes he can come back out to finish the race
Economics of Big BusinessEconomics of Big Business• Tracks contribute millions
of dollars annually to local economies
• Despite a 15-year-long growth period, NASCAR race attendance began to decrease in 2006
• Fewer advertising dollars are pouring into TV stations, meaning changes coming to NASCAR broadcasts