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| Sprint loses $29.45 Billion in 3 months Sprint posts huge loss, scraps dividends - Earnings - MSNBC.com I don't see how Sprint/Nextel can continue to sponsor NASCAR with these financial results. |
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| Re: Sprint loses $29.45 Billion in 3 months Quote:
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| Re: Sprint loses $29.45 Billion in 3 months They've got themselves in a box now. The original sponsorship deal said 10 years with only 1 name change. They have how many years left to go now? Of course if the company goes bankrupt or can't pay it's sponsorship bills it won't matter. |
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| Re: Sprint loses $29.45 Billion in 3 months Doesn't surprise me at all. My first cell-phone provider was Sprint. At the time, I lived in an apartment in a brick building. Guess what? Sprint's wireless service didn't work in brick buildings! What is this? Bedrock? Beyond that, it was hard to get a signal even outside my building. Needless to say, I dumped Sprint as soon as my contract was met. Beyond that, I don't think Sprint will be the Cup sponsor for very long. With the corporate merging/overtaking going on these days, you'll be hard pressed to find a name that can sustain a 10-year sponsorship and is willing to put up the almighty dollar. It's actually nauseating the way Cup sponsorship changes like the wind these days. It'll always be Winston Cup to me!
__________________ PPS: Goddess of All Things NASCAR |
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| Re: Sprint loses $29.45 Billion in 3 months How about they just go back to calling it the Grand National Division? And call the Nationwide Series the Late Model Series. Just like the old days. |
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| Re: Sprint loses $29.45 Billion in 3 months Quote:
Yes let's go back to to the Winston Cup. |
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| Re: Sprint loses $29.45 Billion in 3 months The day may come when there are multiple sponsors just as many of the teams now have. This week it could be the "Grand National Cup Tour Presented by Pepsi" and next week by Sears and so on. With the economy the way it is now and probably going to get worse ....... it may well happen. |
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| Re: Sprint loses $29.45 Billion in 3 months Quote:
Bye Sprint, been nice knowin ya! But then, drivers like Kurt B would be short timers. If there wasn't a camera there to protect his skinny hide de would have been put in his place long ago. Instead, I still have to hear him whine and cry. I'd like to have seen him bump Cale Y like he did Stewart. He would have been in the infield care center for a bit after that. |
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| Re: Sprint loses $29.45 Billion in 3 months Ain't that the truth. |
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| Re: Sprint loses $29.45 Billion in 3 months Call me a heretic but I think the on track racing would improve if NASCAR started loosing sponsors and money. Even if cars cost 1/2 as much as they do now the racing would be just as good. They could cur the ridiculous purses paid (normally 40% to the driver, 60% to the owner) and I think the quality of drivers would improve and the drama from the current crop of drivers would decrease if they made a lot less. |
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| Re: Sprint loses $29.45 Billion in 3 months Quote:
Just looking at 2004 earnings stats, which are probably double that now, the top drivers would still give 100% regardless of purse, but being sponsor driven, as you say, if there is a claw-back in money coming in, who knows. According to Forbes magazine, Dale Earnhardt, Jr. made $20 million in 2004. Jeff Gordon made $19 million. (For race car drivers overall, the highest paid was Michael Schumacher with a whopping $80 million in 2004.) |
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| Re: Sprint loses $29.45 Billion in 3 months Quote:
THE TOYOTA CUP sponsored by BRIDGESTONE/FIRESTONE *time to duck.. |
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