J
Joseph_Gallant
Guest
A new national television package for NASCAR stock-car racing, to take effect in 2007, is rapidly taking shape and could be officially announced at any time.
Based on several reports, here's what it will look like:
* The contracts are all for eight years, from 2007 through 2014.
* The combined TV contracts are for a total of $4.5 billion, or $550 million a year.
* Fox will broadcast the first 13 Nextel Cup races of the season, including the Daytona "500" (although not mentioned in any of the news articles, I expect that the Daytona "500" will be moved into prime-time starting in 2007 since the Daytona speedway has lights), and pay $200 million a year.
Although Fox's sister network FX has broadcast three or four Nextel Cup races during the first half of the season since 2001, none of the news articles I've seen (links below) suggest that FX will continue to broadcast any Nextel Cup races.
* TNT will carry six Nextel Cup races, during the middle part of the season, and will pay $80 million a year for the privilage.
* ABC and ESPN will combine to broadcast the final 17 Nextel Cup races of the season (all ten races in the "Chase For The Nextel Cup" would be seen on ABC; I expect that most of the seven races that precede the "Chase" will also air on ABC as well), and will gain TV rights for the entire Busch Series (Busch races are expected to air on the ESPN networks, mainly on ESPN 2). ABC and ESPN will pay $270 million a year for both the Nextel Cup and Busch Series packages.
* NBC is out after what will have been six years of covering most of the races during the second half of the NASCAR season. Given that NBC had recently signed a contract for Sunday-night NFL games, the future of NASCAR on NBC was iffy at best.
Expect more tracks to get lights and more prime-time races under the new TV deals. A couple of years hence, I anticipate that about 22 or 23 of the 36 NASCAR Nextel Cup races each year will be held under the lights for prime-time television broadcast including, as noted above, the Daytona "500".
Links to relevant articles:
Mediaweek.com.
G Nextinc.com (a website about auto racing news).
The Charlotte Observer.
Based on several reports, here's what it will look like:
* The contracts are all for eight years, from 2007 through 2014.
* The combined TV contracts are for a total of $4.5 billion, or $550 million a year.
* Fox will broadcast the first 13 Nextel Cup races of the season, including the Daytona "500" (although not mentioned in any of the news articles, I expect that the Daytona "500" will be moved into prime-time starting in 2007 since the Daytona speedway has lights), and pay $200 million a year.
Although Fox's sister network FX has broadcast three or four Nextel Cup races during the first half of the season since 2001, none of the news articles I've seen (links below) suggest that FX will continue to broadcast any Nextel Cup races.
* TNT will carry six Nextel Cup races, during the middle part of the season, and will pay $80 million a year for the privilage.
* ABC and ESPN will combine to broadcast the final 17 Nextel Cup races of the season (all ten races in the "Chase For The Nextel Cup" would be seen on ABC; I expect that most of the seven races that precede the "Chase" will also air on ABC as well), and will gain TV rights for the entire Busch Series (Busch races are expected to air on the ESPN networks, mainly on ESPN 2). ABC and ESPN will pay $270 million a year for both the Nextel Cup and Busch Series packages.
* NBC is out after what will have been six years of covering most of the races during the second half of the NASCAR season. Given that NBC had recently signed a contract for Sunday-night NFL games, the future of NASCAR on NBC was iffy at best.
Expect more tracks to get lights and more prime-time races under the new TV deals. A couple of years hence, I anticipate that about 22 or 23 of the 36 NASCAR Nextel Cup races each year will be held under the lights for prime-time television broadcast including, as noted above, the Daytona "500".
Links to relevant articles:
Mediaweek.com.
G Nextinc.com (a website about auto racing news).
The Charlotte Observer.