Why does it matter if the series doesn't get the money? Knowing some of you I suspect you're actually happy about that, and in any case, a lot of the series' money goes towards the teams, promotion, and the like in the first place. I fail to see how the exact distribution of the $10 million really matters; the series can still shuffle its own money around as it pleases.

Porsche 911 - 03 November 2009 04:48 PM

nickh360 - 03 November 2009 04:30 PM

it's $4 million more in sponsorship than last year!

It's $4 million that's spread out to the teams, ABC/Versus, RHR, and series. Yes, beneficial to the teams and RHR most of all. The IRL didn't gain another sponsor who's going actively promote.

You don't get it, do you?
One part of the marketing budget this year was the TV advertising campaign. So the plus 4 million means something else.

"This "the sky is falling" crowd is one of the reasons I stopped coming by these boards for like a month. First they said the IRL has said many times before that they have a title sponsor and "I'll believe it when I see it". Now it happens and it's "yea it might have happened but the deal sucks". If you hate the IRL and want to see it fail stop coming by. It's one thing to be critical but when you spin everything to look bad people don't want to hear it. So all you debbie downers need to go to the Crapwagon forms and tear the IRL down there."

Best post in this thread!!!

Glad to hear the good news. But the first thought that comes to my mind is - only 10 mill? That's not much in today's time.

The truth is that this has to be the greatest sponsor grab ever by a motorsports series. For Augstadt to talk Izod to invest seven figures into what has become, in effect, a club sport is nothing less than miraculous. If there were a Nobel Prize for smooth talking, I would gladly nominate Augstadt.

thetruthbigd, thats about as close as it gets with you for a atta boy for the league.LOL. I commend you on your statement.

bduddy - 03 November 2009 10:26 PM

indycar03 - 03 November 2009 07:48 PM

Porsche 911 - 03 November 2009 05:07 PM

nickh360 - 03 November 2009 04:53 PM

But they didn't replace an existing sponsor, they added $4mil. And they added more sponsorship dollars than Menards wanted to pay for the entire Title sponsorship.

Yes, $100,000 for each team is positive but $100,000 is practically the cost of one race for a team.

Not even close, it costs each team about $300,000 per race.

For Penske, maybe, or for Indy. They do it on the cheap for a lot less, as far as I know....

Take $5million and divide it by 17. Penske spends much more than $300,000 per race.

For most teams it's about 220-275 a race not including Indy. Obviously Penske and Ganassi are different.