NASCAR racing in New York gets an apple pie in the face. International Speedway Corp. scrapped plans Monday to build a track on Staten Island, stalling NASCAR's dream to bring a race to the New York area. ISC cited an 'inability to secure the critical local political support' in ending the Staten Island project.
Nascar has spent about $150 million on the project thus far and now they are just going to walk away from it. They are now going to sell the land off, which ISC believes is worth just over $100 million. Do you foresee an increase in ticket prices over the next few years at ISC tracks? I do.
For more on this story go to Jenna Fryer's article here.
In other news; Kodak is back as a primary sponsor - sort of.
Kodak will be either the associate or primary sponsor of cars in the NASCAR Nextel Cup Series, NASCAR Busch Series, and the IndyCar Series. All the cars are owned by Penske Racing.
Kodak will be the primary sponsor of the No. 12 Dodge Charger driven by Ryan Newman at three major races, including Watkins Glen - located near the Kodak's Rochester New York facilities. Kodak is also sponsoring Newman's car for seven NASCAR Busch Series.
Kodak will have it's name on the Penske Indy cars of Helio Castroneves and Sam Hornish as an associate sponsor.
If they win Indy, it'll be the perfect Kodak moment for them, because I don't think they'll be getting any from the NASCAR end of the deal. See here for why (last half of the article).
For more on this story go to Bill Rand's article at the Rochester newspaper, Democrate and Chronicle.