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NASCAR and Formula One Under Threat of Economic Crisis
http://www.sportssearchdata.com/articles/457/1/NASCAR-and-Formula-One-Under-Threat-of-Economic-Crisis/Page1.html
Carl Hruza

 
By Carl Hruza
Published on February 9, 2009
 
The Jimmie Johnson of California made NASCAR history when he became the only second driver to win three NASCAR Sprint cup series consecutively between 2007-2008. By claiming 42 race wins in the career, he has dominated the second most popular and second most richest motorsport after Formula One.

The Jimmie Johnson of California made NASCAR history when he became the only second driver to win three NASCAR Sprint cup series consecutively between 2007-2008. By claiming 42 race wins in the career, he has dominated the second most popular and second most richest motorsport after Formula One.

Johnson, who is a part of highly successful Hendrick Motorsports team. He and his Chevrolet Impala had to wait until the tenth race of the season, the Subway Fresh fit 500 for claiming the maiden victory that year.

Like other sports, NASCAR has also been included in the long list of those affected by recent economic meltdown. Sponsors are not interested in speed and some single drive teams have already backed out.

Fortunately, there are some big teams that have been able to make a relationship with financial partners who are not the recent victims of crisis.

Financial troubles have affected the number of visitors coming to support and enjoy the match. Dwindling crowd has become major concern of race organizers, who are trying every effort by offering all-inclusive packages on hotels and food to their blue collar fans.

It would be interesting to see if NASCAR survives economic problems. If you see that cars are transported around the states on semi-trailer truck, then within no time high diesel prices will make the sport bent on its knees.

This is not all, even Formula One is suffering from the crisis and organizers are trying hard to make it more economical and environment friendly.