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Charles Nungester (Offline)
  #14 4/7/09 11:06 PM
Originally Posted by pgray:
Well , D.O. titled this thread " NASCAR $$$$ - 31% Down " , which of course , is entirely incorrect.
As NASCAR is privately held , you'll never see their operating report stated as given here for ISC. NASCAR and ISC are two separate entities.
ISC is a publicly traded corporation that remains profitable in this troubled economy.

If you sort out the numbers , the "net income" is most important and is $11.1 million less in this past quarter as compared to a year ago. This number is actually an improvement over earlier projections. So some things are not as bad as could have been , which is a credit to the ISC management and in particular to Ms. Lesa France Kennedy. ISC will continue to make some adjustments necessary as they continue to work through this recession.

To confuse ISC as NASCAR and to wish harm to either is simply foolish as in example -
Motorsports in Indiana accounts for more than $ 700 Million dollars to the local and state economies with approximately 31% of that coming from a single event known as the " Allstate 400 at the Brickyard ".
All that plus 15,000 motorsports jobs in Indiana with most here in Marion and Hendricks counties.
Be careful what you wish for.

:stuck
Thanks for that information Paul. I don't see how saying what you see wrong with a series as bing negative, Couldn'dn't saying saying most of the COT changest applied to existing models be constructed as Possitive????? Driver in center, Foam on right side and still being a chevy, ford or dodge model without making them Grill and headlight only stickers be considers constructive?

Saying the whole reason some races have been removed due to not having 200.000 seating capacity isn't wrong. The track were awesome and provided great or Unique racing. Personally I hate the restrictor races but Im told in person they are awesome to watch. Really, what made nascar the ULTIMATE WAS a fight in the infield as Petty was taking the checkered. Now theres a penalty box. B.S.

Charles Nungester