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Originally Posted by johnjzjz
than why did nascar who had to know this was coming spend 50 million dollars on the properity on Staten Island to build a brand new track and making deals all this week with the people who will build it
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a manufacturer leaving the top division doesn't spell the end for nascar. i am sure we will still see GM bodies and power plants in nascar and busch for years to come since they are already proven successful and are already so plentiful.
international speedway corporation(a company owned by the same France family that owns nascar) are the people building the race track.
this will also have no effect on GM's stock, if anything it will make it more attractive. for the millions that it costs to be involved with a single team in nascar they can now be invovled with entire grassroots series. this means a broader appeal and higher visibility for the promotional dollar.