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MOTORSPORTS a North Carolina Growth Industry Under Threat
MOTORSPORTS A North Carolina Growth Industry Under Threat A REPORT PREPARED FOR NORTH CAROLINA MOTORSPORTS ASSOCIATION BY IN COOPERATION WITH FUNDED BY: RURAL ECONOMIC DEVELOPMENT CENTER, THE GOLDEN LEAF FOUNDATION AND NORTH CAROLINA MOTORSPORTS FOUNDATION October 2004 Motorsports – A North Carolina Growth Industry Under Threat TABLE OF CONTENTS Preliminary Remarks 6 Introduction 7 Methodology 8 Impact of Industry 9 History of Motorsports in North Carolina 10 Best Practices / Competitive Threats 14 Overview of Best Practices 15 Virginia Motorsports Initiative 16 South Carolina Initiative 18 Findings 20 Overview of Findings 21 Motorsports Cluster 23 NASCAR Realignment and Its Consequences 25 Events 25 Teams 27 Drivers 31 NASCAR Venues 31 NASCAR All-Star Race 32 Suppliers 32 Technology and Educational Institutions 35 A Strong Foothold in Motorsports Technology 35 Needed Enhancements in Technology Resources 37 North Carolina Motorsports Testing and Research Complex 38 The Sanford Holshouser Business Development Group and UNC Charlotte Urban Institute 2 Motorsports – A North Carolina Growth Industry Under Threat Next Steps on Motorsports Task Force 40 Venues 41 Sanctioning Bodies/Events 43 Drag Racing 44 Museums 46 Television, Film and Radio Production 49 Marketing and Public Relations Firms 51 Philanthropic Activities 53 Local Travel and Tourism Professionals 55 Local Business Recruitment Professionals 57 Input From State Economic Development Officials 61 Recommendations - State Policies and Programs 63 Governor/Commerce Secretary 65 North -
Speedway Motorsports Inc
SPEEDWAY MOTORSPORTS INC FORM ARS (Annual Report to Security Holders) Filed 4/22/1999 For Period Ending 12/31/1998 Address US HIGHWAY 29 NORTH PO BOX 600 CONCORD, North Carolina 28026 Telephone 704-455-3239 CIK 0000934648 Industry Recreational Activities Sector Services Fiscal Year 12/31 [ANNUAL REPORT COVER APPEARS HERE] 1998 SPEEDWAY MOTORSPORTS ANNUAL REPORT A MESSAGE TO OUR STOCKHOLDERS "THE COMPANY'S COMBINATION OF MAXIMIZING OUR EXISTING EVENTS WHILE CONTINUING TO EXPLORE ADDITIONAL REVENUE SOURCES HAS GENERATED 37.4% AND 42.9% FIVE YEAR COMPOUND ANNUAL GROWTH IN REVENUE AND NET INCOME." BRUTON SMITH [PICTURE OF BRUTON SMITH APPEARS HERE] /s/ BRUTON SMITH ---------------------------- Bruton Smith [PICTURE OF H.A. WHEELER APPEARS HERE] /s/ H.A. WHEELER ----------------------------- H.A. Wheeler Table of Contents Stockholder's Letter 1 Facilities 3 Growth Strategy 7 Form 10-K 9 Speedway Motorsports enjoyed an outstanding 1998. The execution of our proven business strategy once again generated record results for the Company and has positioned us for continued success into the future. We purchased Las Vegas Motor Speedway in December 1998 bringing the total number of premier speedways owned by the Company to six. This addition to our portfolio of speedways will contribute broadcast, sponsorship, and operational strength, while broadening the Company's geographical diversity. Located in one of the most dynamic cities in the United States, Las Vegas Motor Speedway offers tremendous opportunities for promotion and growth. It also brings to the Company additional NASCAR Winston Cup, Busch, and Craftsman Truck Series and Indy Racing League events. In 1998, seating and admissions growth drove a 20% increase in revenue. -
FOX NASCAR at MONSTER ENERGY ALL-STAR RACE at Charlotte Motor Speedway Quotes & Programming Schedule
FOR IMMEDIATE RELEASE Contact: Megan Englehart Tuesday, May 16, 2017 [email protected] FOX NASCAR AT MONSTER ENERGY ALL-STAR RACE AT CHARLOTTE MOTOR SPEEDWAY QUOTES & PROGRAMMING SCHEDULE MONSTER ENERGY ALL-STAR RACE, MONSTER ENERGY OPEN & NASCAR CAMPING WORLD TRUCK SERIES Live on FS1 under the Lights Key Players Larry McReynolds & Mike Joy Recall 1992 “One Hot Night” 25 Years Later CHARLOTTE, N.C. – It’s all about the trophy and the $1 million winner’s bonus in this weekend’s MONSTER ENERGY ALL-STAR RACE at Charlotte Motor Speedway, which celebrates the 25th anniversary of the iconic 1992 race dubbed “One Hot Night” this year. FOX Sports is set to offer 16 hours of live action from the 1.5-mile circuit, which, in 1992, became the first superspeedway to light the entire track. Included are FS1’s live race coverage of the MONSTER ENERGY ALL-STAR RACE (Saturday, May 20 at 8:00 PM ET), the MONSTER ENERGY OPEN last-chance qualifier (Saturday, May 20 at 6:00 PM ET) and the NASCAR CAMPING WORLD TRUCK SERIES (Friday, May 19 at 8:30 PM ET). ARCA RACING SERIES: Stock car action continues on Sunday from Ohio, when FS1 offers a delayed broadcast of the ARCA RACING SERIES race from Toledo Speedway at 5:00 PM ET. NASCAR RACE HUB: During the week, FS1’s NASCAR RACE HUB, NASCAR’s most-watched daily news and information program, continues Mondays through Thursdays at 6:00 PM ET. On Wednesday, May 17, Clint Bowyer is in-studio as a driver analyst. -
FROM GREEN FLAG to CHECKERED FLAG 1999 Speedway Motorsports, Inc
MAKING OUR MARK FROM GREEN FLAG TO CHECKERED FLAG 1999 Speedway Motorsports, Inc. Annual Report O. Bruton Smith Chairman and CEO H.A. Wheeler COO and President ‘‘At the door of the 21st century, we continue to diligently pursue our traditional strategies while recognizing the industry’s new economics bringing positive changes to our fundamental business model.’’ -Bruton Smith A LETTER TO OUR STOCKHOLDERS Speedway Motorsports, Inc. is not afraid to lead. model. The historic consolidation of television Living that creed for over 40 years, we’ve pushed broadcast rights leverages the overall media the limits—always promoting, always innovating. attention focused on our sport. This consolidated Through that process, we became one of the most package will not only substantially add to our successful motorsports entertainment companies expected earnings in 2001, it will expand spon- of the 20th century. We now stand ready to carry sorship, merchandise and attendance revenues our success into the next century. through increased network and media exposure. Admission revenue will continue to be important, What began as one man’s vision, planted as a seed but media exposure will increasingly drive our originally called Charlotte Motor Speedway, has new business model. These broadcast and ancil- grown into a public company with a market capi- lary rights packages will provide significant talization over $1 billion. We’ve used our experi- contracted revenue streams beginning in 2001. ence gained during our first 40 years to acquire, Speedway Motorsports is well positioned to expand and improve several premier speedways in benefit from the accelerating growth of media in the United States and to construct a monument to the motorsports industry. -
Real NASCAR: White Lightning, Red Clay, and Big Bill France'
H-NC Howell on Pierce, 'Real NASCAR: White Lightning, Red Clay, and Big Bill France' Review published on Thursday, September 22, 2011 Daniel S. Pierce. Real NASCAR: White Lightning, Red Clay, and Big Bill France. Chapel Hill: University of North Carolina Press, 2010. 360 pp. $30.00 (cloth), ISBN 978-0-8078-3384-1. Reviewed by Mark D. Howell (Northwestern Michigan College) Published on H-NC (September, 2011) Commissioned by Judkin J. Browning Getting Real: A New Interpretation of NASCAR's Folklore and Mythology Histories of “contemporary” subjects are often difficult to write. Standing too close to the topic can be a problem because sometimes an insufficient amount of time has passed to warrant a clear analysis of the sport in question. All too often, such a history can be drowned out by the present-day news surrounding the topic; a historical analysis can fall victim to the loudest and most colorful of Web sites and newspaper stories charged with covering the latest-and-greatest events within the sport itself. Writing a history of NASCAR presents both of these problems. The notion of what constitutes a useful period of time between the historical past and the knowledge-hungry present is difficult to ascertain, while mesmerizing stories about the sport of stock car racing often rely on NASCAR’s folklore in order to construct an interesting perspective on what might be misconstrued as little more than a curious regional footnote. Daniel S. Pierce has written a history of NASCAR that surpasses all previous attempts by authors-- works written by both motorsports journalists and a wide variety of academics alike--in its ability to traverse stock car racing’s evolution from its origins within the culture of bootlegging corn liquor across the American Southeast to its current role as a globally popular sport driven by loyal fans and the necessary support of corporate sponsorship. -
As NASCAR Dominates, Newman Won't Budge from Champ Car Series
2A · WEDNESDAY,MAY 24, 2006 · USA TODAY As NASCAR dominates, Newman won’t budge from Champ Car series Continued from 1A ing operating costs. Cars brings together animation, racing Newman says everyone in open- “I have no quarrels with NAS- wheel racing “is surviving,” and he CAR,” Newman says. “That would Disney/Pixar’s latest animated insists Champ Car is “getting be silly. It’s racing, and it’s good rac- feature Cars is set for national re- stronger.” He is quick to add, how- ing. Why would I quarrel with it?” lease June 9, but it will get a ever, “it’s not strong enough.” Besides, says Humpy Wheeler, unique unveiling Friday night at the president of Lowe’s Motor Lowe’s Motor Speedway near ‘Dedicated, passionate’ Speedway, who better than New- Charlotte. Four huge screens are man to voice “Doc Hudson,” a cur- being erected at one of the He’s done his best to change that. mudgeonly 1951 Hudson Hornet? track’s turns, and a special sound Starting in late 2004, Newman Doc turns out to be a former racing system is being set up for a went from car owner to the series’ champion and eventually mentors crowd of 30,000. No. 1 advocate after telling report- young hotshot “Lightning Mc- “We are going to be looking ers he’d been an “absentee land- Queen,” voiced by Owen Wilson. back 25 years from now and see lord.” He’s traveled the nation in at- Newman’s racing résumé in- this as a milestone moment not tempts to keep and put new races cludes being part of the winning only for the speedway but for Pixar Animation via Reuters on Champ Car’s schedule, even four-driver GTS-1 class team in NASCAR,” track President Coming soon: “Doc Hudson,” helping produce a DVD shown to 1995 in the prestigious Rolex 24 at Humpy Wheeler says. -
Holiday Catalog 2011 – 2012 Coo R L Pe D U V S D S
Holiday Catalog 2011 – 2012 Coo r l pe D u V S D s ! S EE PAGE 7 Reading for Racers Hot New Titles B Most Popular This Year RAANDND NEEWW ffrromom C oasoastalal 118181 MILLER’S TIME WAward Winner! THE HOME OF HEROES A Lifetime At Speed Fifty Years of Racing at Utica-Rome Speedway by Don Miller with Jim Donnelly by Bones Bourcier Close confidant of Roger Penske, co-founder A high-profile NASCAR asphalt oval before becoming of Penske Racing South, mentor of Rusty one of the region’s premier dirt tracks, Utica-Rome has Wallace and Ryan Newman, Bonneville welcomed over time just about every significant racer in Flats record-maker, technical innovator, the East. Beautiful ly written and heavily illustrated, this drag racer extraordinaire–Don Miller has seen and done it all. Limited Edition is a collector’s item! Hard cover, 304 pp, 200 B&W photos. S-1000 Price: $29.95 Available from Coastal 181 only from Oct. 1, 2011 through April 15, 2012 . Hard cover, 400 pp, 500 B&W JOHN FORCE and color photos. S-1167 Price: $55.00 The Straight Story of Drag Racing’s 300-mph Superstar STILL WIDE OPEN by Erik Arneson Second Edition Newly Revised Photo biography that covers Force's rise by Brad Doty and Dave Argabright from a penniless racer to leader of a multi- “Enhanced and Expanded,” this edition contains th e entire text team effort that includes his high-profile of the original 1999 release, PLUS two new chapters that bring daughter Ashley (2004 Driver of the Year and Rookie of the you up-to-date with Brad. -
The Catholic Journalist
THE CATHOLIC JOURNALIST CATHOLIC PRESS ASSOCIATION OF THE UNITED STATES AND CANADA | VOLUME 66 | NUMBER 2 | MARCH 2014 CPA is replacing Rev up at CMC14! CAN with a new advertising service Aim is for a more efficient, more equitable approach By Tim Walter Executive Director With the end of tax year 2013, the Catholic Adver- tising Network as a corpo- ration is officially closed. As executive director of our association, the former chair of CAN and a former advertising and circula- tion manager for diocesan publications, I was in full agreement with this deci- sion. However even though much of the non-profit ad- Charlotte Motor Speedway\File photo vertising that once came to our publications has di- Walter name ‘Jaws’ to rival driver Darrell Waltrip, Wheeler minished to almost noth- Opening welcome reception bought a giant dead shark, placed a dead chicken in ing, we have not stopped viewing advertising as an the shark’s mouth, and had it driven around the track important component of the association. at NASCAR Hall of Fame on a flatbed truck before a race at Charlotte (Yarbor- Allow me to introduce two programs I feel are worth ough’s sponsor at the time was Holly Farms Poultry).” your consideration, the Catholic Press Advertising Serv- will get your motor running These days, the retired Wheeler is probably ice (CPAS) and the CPA Consultation Service. Need another reason to come to Charlotte for the known as much for being the voice of “Tex,” a 1975 The Catholic Press Advertising Service is replacing 2014 Catholic Media Conference? Cadillac Coupe de Ville cartoon character in the CAN and we are working to format a standardized asso- 2006 Pixar hit movie “Cars.” How about a free tour of the NASCAR Hall of ciation discount to improve the sales process. -
The Growth of the Nascar Industry in Charlotte, North Carolina, 1949-2000
CITY OF RACERS: THE GROWTH OF THE NASCAR INDUSTRY IN CHARLOTTE, NORTH CAROLINA, 1949-2000 by Bryan Paul Gable A thesis submitted to the faculty of The University of North Carolina at Charlotte in partial fulfillment of the requirements for the degree of Master of Arts in History Charlotte 2018 Approved by: ______________________________ Dr. Mark Wilson ______________________________ Dr. Aaron Shapiro ______________________________ Dr. Ritika Prasad ii ©2018 Bryan Paul Gable ALL RIGHTS RESERVED iii ABSTRACT BRYAN PAUL GABLE. City of Racers: The Growth of the NASCAR Industry in Charlotte, North Carolina, 1949-2000. (Under the direction of Dr. Mark Wilson) This study explores the development of the NASCAR industry in the city of Charlotte and its surrounding region through the second half of the twentieth century. I argue that NASCAR and Charlotte were seeking the same goals in the late twentieth century: greater national prominence and a strong relationship with corporate America. As a result, NASCAR found a technological and cultural home in Charlotte by proving its worth as a desirable and highly profitable industry. I explain how Charlotte Motor Speedway emerged from bankruptcy and became an exemplary venue for NASCAR by solidifying its reputation as the showplace of NASCAR. I also describe the culture of specialization that the Holman-Moody race team fostered in Charlotte. Later generations of Charlotte NASCAR teams would continue to embrace innovative methods for managing a race team. Finally, I discuss Charlotte’s importance as a growing urban center of the Piedmont and NASCAR’s contributions to building Charlotte’s regional identity. iv DEDICATION For my grandfather, who taught me that academic excellence is its own reward. -
NASCAR Are Collaborating Like Never Before
Be it moviesl music or TV, showbiz and NASCAR are collaborating like never before By Gail Schiller '1f we can be relevant to those moviegoers or television watchers and NASCAR becomes sort of hip and cool to them as weff, we'ff stand alot better chance of creating anew fan by marketing against that audience. H -Brian France, NASCAR chairman and CED ince nearly the dawn of NASCAR, racetracks number of entertainment tie-ins has soared while the scope of and teams have sought out TV and movie NASCAR's association with everything Hollywood has broad stars to turbocharge their stock car races ened tremendously. with the allure and excitement of Tinsel "In the discipline of marketing, you want to be as aggressive town. in as many smart areas as you can," says NASCAR chairman and As far back as 1949, actor Edward Everett Hor CEO Brian France, who orchestrated the opening of the Centu ton, who was the narrator on "The Bullwinkle ry City office in 2001 when he was executive vp of NASCAR. Show," served as the grand marshal for a race "To us, this is a no-brainer. Think of how many millions of peo at Lakewood Speedway 'in Atlanta. "Gun ple go to the movies, are entertained by the movies and are moti smoke" star James Arness made an appearance vated by their favorite stars, especially young people. at Darlington Raceway in 1957, and Clint East "If we can be relevant to those moviegoers or television wood showed up there in 1962. Elizabeth Tay watchers and NASCAR becomes sort of hip and cool to them as lor and Zsa Zsa Gabor attended races at Lowe's well, we'll stand a lot better chance of creating a new fan by mar Motor Speedway - then called Charlotte Motor keting against that audience." Speedway- in the mid-1970s.