Comcast's Xfinity negotiating sponsorship of Nationwide Series:

Comcast's Xfinity negotiating sponsorship of Nationwide Series: Comcast's Xfinity is in contract negotiations with NASCAR to become title sponsor of the sport's secondary series. The company's broadband, TV and phone division is considering a five- to six-year deal valued at more than $100 million, according to a source familiar with the negotiations. The potential agreement would see Xfinity pay approximately $9 million in rights fees and $9 million in media and activation in its first year as title sponsor. Its annual spend would increase in subsequent years. Comcast declined to comment. In a statement, NASCAR said, "We anticipate NASCAR will soon be aligned with an outstanding brand that will help take this series to new heights, but out of respect for our current partner and the process, we will not comment on speculation about any potential replacements until there actually is one." Though discussions have moved into the contract phase and NASCAR executives have begun telling officials in the sport that a sponsorship is done, the deal still faces some obstacles. Fox Sports and Comcast-owned NBC Sports are slated to split television rights to the series from 2015 to 2024. Sources said that Fox, which did not respond to requests for comment, wants assurances that Comcast will spend equally on advertising across both of the series' rights holders, Fox and NBC, and not favor its own company, NBC. NASCAR and Comcast are addressing other category issues as well. Provided those issues are resolved, the deal should close and be announced in the coming weeks.(Sports Business Daily)(8-18-2014)

NASCAR Formalizes On-Track Incident Procedure For Competitors

NASCAR Formalizes On-Track Incident Procedure For Competitors

Rule Enhances Sport’s Ongoing Safety Efforts

Daytona Beach, Fla. (Aug. 15, 2014) — In its continued efforts to evolve the safety of its sport, NASCAR announced Friday that it will add a rule that addresses on-track incidents as part of its race procedures. The rule, listed as Section 9-16, will be an addendum to the NASCAR rule book and will apply to all of its racing series, effective immediately.

Section 9-16 On-Track Incident Procedure

During an Event, if a racecar is involved in an on-track incident and/or is stopped on or near the racing surface and unable to continue to make forward progress, unless extenuating emergency conditions exist with the racecar (i.e. fire, smoke in cockpit, etc.) the driver should take the following steps:

·         Shut off electrical power and, if driver is uninjured, lower window net

·         Do not loosen, disconnect or remove any driver personal safety equipment until directed to do so by safety personnel or a NASCAR/Track Official

·         After being directed to exit the racecar, the driver should proceed to either the ambulance, other vehicle, or as otherwise directed by safety personnel or a NASCAR/Track Official

·         At no time should a driver or crew member(s) approach any portion of the racing surface or apron

·         At no time should a driver or crew member(s) approach another moving vehicle

All vehicles not involved in the incident or that are able to continue afterwards should slow down to a cautious speed as outlined in Section 10-4 (Yellow Flag), use extreme care as they approach an incident scene, and follow any directions given by safety personnel or NASCAR/Track Officials. Cars in line behind the safety car should not weave or otherwise stray from the line in the vicinity of the incident.

Robin Pemberton, NASCAR vice president of competition and racing development, says the rule is “part of the evolution of NASCAR’s rules and regulations.”

“Throughout the history of our sport, NASCAR has reviewed and analyzed situations and occurrences that take place not just in NASCAR racing but also throughout all motorsports and other sports,” said Pemberton.  “When we believe we can do something to make our sport safer and better for the competitors and others involved in the competition environment, we react quickly. Safety always has been priority number one at NASCAR.”

As with other behavioral infractions, NASCAR will handle each instance separately when assessing potential penalties.

65th anniversary of the NASCAR

Thursday, June 19, 2014  will mark the 65th anniversary of the NASCAR Sprint Cup Series’ first race, held in 1949. In what was then called the Strictly Stock division, the race was held at Charlotte Speedway, a .75-mile dirt track, and won by Jim Roper. It featured a 33-car field that included NASCAR Hall of Famers Tim Flock, Buck Baker, Lee Petty and Herb Thomas. …

NASCAR birthplace Streamline hotel sold and to be renovated:

NASCAR birthplace Streamline hotel sold and to be renovated: The Streamline Hotel, the 1940s-era beachside inn known as the birthplace of NASCAR, has sold, and the new owner plans to renovate the property. Eddie Hennessy, son of cosmetic company Pevonia International founders Phillippe and Sylvie Hennessy, bought the property at 140 S. Atlantic Ave. late last month for $950,000. He intends to restore the art deco building and turn the hotel into an upscale South Beach-style boutique inn. "My goal is to clean up the hotel, the block, the drug stuff going around," Hennessy said. "We're bringing the hotel back to its original state, only more modern." Since buying the hotel, Hennessy has installed new management and has started some work on the facelift. He said he doesn't yet know when the major renovation work will begin, but added he looks to get started "as soon as possible." Hennessy said he plans to start the restoration with the hotel's rooftop bar, which is where in 1947 Bill France Sr. met with race drivers and track owners to form NASCAR. The hotel has a second bar on the ground floor that Hennessy said he intends to turn into a NASCAR-themed lounge. The Streamline will stay open while renovation work is done, Hennessy said. After renovating the rooftop bar, Hennessy will start work on the lobby, the hotel's ground-level bar, then the guest rooms. He said he isn't yet sure how much he will invest in the hotel's renovation.(Daytona Beach News Journal)(4-18-2014)