Photo by Jamie Squire/Getty Images

Kevin Harvick says NASCAR should share any gambling revenue with teams

6 Comments

Former Cup champion Kevin Harvick wants NASCAR to share any gambling revenue with teams and not keep the money itself.

The Supreme Court’s decision Monday to strike down a 1992 federal law that banned commercial sports betting has states seeking to allow such gaming as soon as possible and leagues looking to collect money off it.

“I want my team to be taken care of,” Harvick said Tuesday night on his SiriusXM NASCAR Radio show. “That’s really the main thing that kind of falls into line here is something of a share in revenue comes down the pipe and even if it is a 1 percent share of revenue, I don’t want it all to go to the league. I think it should be shared with the teams.’’

Harvick said on his show “Happy Hours” that any revenue would be good for teams and help make them — and their charters — more valuable.

“I want to see a business model that works for the current owners and takes these charters from being what they are today to being what something of an NBA franchise or an NFL franchise (is),’’ said Harvick, who closed his racing team after the 2011 season. “I’m not saying from a dollar standpoint but just from (the point that) somebody that can afford to come in and own a race team to say ‘I want to do that because it’s really not going to cost me that much money and down the road it might be worth ‘X’ as we go further down the line.’

“That’s the point we have to get to if you want to make it a real league and make it so that the charters are worth what they need to be. This would be another example of getting that revenue stream a little bit better than what it is today.’’

The NBA has stated it seeks an “integrity fee” of 1 percent of the amount wagered on any of its events. Other leagues also are expected to seek such payment.

Harvick, who has won a series-high five races this year, said NASCAR shouldn’t be left out.

“If we could do something like that, that would be great for everybody,’’ he said.

Harvick also wants to see other changes to the revenue stream for teams. He noted the TV money that comes into the sport. Currently, tracks collect 65 percent, teams receive 25 percent and NASCAR takes 10 percent of the TV money.

International Speedway Corp., citing leading industry sources, stated in its 2017 annual report that the sport’s TV package is valued $8.2 billion over 10 years. The deal goes through the 2024 season.

ISC stated in its 2017 annual report that it received approximately $337.4 million in fiscal year 2017 from TV broadcast and ancillary rights fees.

Speedway Motorsports Inc. stated in its 2017 annual report that it expects its broadcasting revenue to be about $217 million for 2018.

“I think that there should be a bigger piece of the pie that comes out of the TV money that goes to the teams because that’s really the root of Cup racing,” Harvick said. “If you don’t have the teams, and you don’t have those owners that are in there in the garage wanting to be there, then we all don’t have anything to race.’’

Michael Waltrip Racing folded after the 2015 season. Roush Fenway Racing downsized from four to three teams in 2013 and then cut back to two teams in 2017. Richard Childress Racing went from three to two teams for this season. Furniture Row Racing went from two teams to one for this year. BK Racing filed Chapter 11 bankruptcy in February and recently listed total liabilities as $37.7 million.

Team Penske grew from two to three Cup teams this year. StarCom Racing debuted with two races last year and is running the full season this year, leasing a charter from Richard Childress Racing.

 and on Facebook

NBC Sports Power Rankings: Kyle Busch ends the season No. 1

1 Comment

The 2019 season is over and Kyle Busch is the NASCAR Cup champion. And not surprisingly, the younger Busch brother also ends the season as No. 1 in this week’s Power Rankings.

Busch received 39 of 40 possible points to take the No. 1 spot, followed by the other three Championship 4 contenders: Martin Truex Jr. (35 points), and Denny Hamlin and Kevin Harvick (tied for third place with 28 points each).

The biggest surprises in this week’s standings were Xfinity Series champ Tyler Reddick in fifth and Gander Outdoors Truck Series champ Matt Crafton in sixth.

Here’s this week’s Power Rankings:

1. Kyle Busch (39 points): Finally gets that second title. Last week: Second.

2. Martin Truex Jr. (35 points): Inexcusable pit mistake left him as the championship runner-up for the second year in a row. Last week: Fourth.

(tie) 3. Denny Hamlin (28 points): Came so close to his first championship, only to be fall short yet again. Could this be the closest he’ll get? Last week: First.

(tie) 3. Kevin Harvick (28 points): Needed a bit more help than he got going against the Joe Gibbs Racing juggernaut. Still, a very strong season regardless. Last week: Third.

5. Tyler Reddick (18 points): It’s hard enough to win one championship, but back-to-back championships with two different teams? Last week: Unranked.

6. Matt Crafton (14 points): Wins the championship without even winning a race (in fact, his last win was more than two years ago). Thrived on his underdog status. Last week: Unranked.

7. Ryan Blaney (12 points): Finished 11th or better, including a win at Talladega, in five of the last six playoff races. Last week: Fifth.

(tie) 8. Joey Logano (11 points): Ends year with four consecutive top 10s, but he fell short in making it to the championship round and defending last year’s title. Last week: Eighth.

(tie) 8. Erik Jones (11 points): Ends season with four top 10s in last five races. That bodes well for next season. Last week: Seventh.

10. Christopher Bell (6 points): Missed his chance to add an Xfinity title to his Truck championship. Still, with eight wins, had an outstanding season. Up next: a promotion to the Cup Series. Last week: 10th.

Others receiving votes: Kyle Larson (5 points), Clint Bowyer (5 points), Cole Custer (4 points), Austin Hill (2 points), Brad Keselowski (1 point), Brett Moffitt (1 point).

Zane Smith joins GMS Racing for full-time Truck Series ride

Getty Images
Leave a comment

Zane Smith will compete full-time for GMS Racing in the Gander RV & Outdoors Truck Series next year, the team announced Tuesday.

Smith, 20, joins the team after competing part-time with JR Motorsports in the Xfinity Series this year, where his best result in 10 races was fifth twice.

He will be GMS Racing’s fourth full-time entry next year, joining Brett Moffitt, Sheldon Creed and Tyler Ankrum. Sam Mayer will compete part-time.

Smith will have veteran Kevin “Bono” Manion as his crew chief.

“When I got the offer from Mike Beam asking me to run a truck full-time for GMS Racing, I couldn’t pass up the opportunity,” Smith said in a press release. “GMS is a championship-caliber team and to be a part of an organization like theirs is a once in a lifetime opportunity. I’m looking forward to working with Manion again. He has a lot of experience and I know we will be a great team.”

Manion, who has 24 wins across all three national NASCAR series since 2003, joins GMS Racing after serving as a crew chief for DGR-Crosley in 2019, including working with Rookie of the Year Tyler Ankrum. Manion was crew chief for Smith in 2018 when he made his Truck Series debut at Gateway and finished fifth.

“I am really excited to join GMS Racing and Zane (Smith) for the 2020 season,” Manion said in a press release. “With GMS Racing’s championship caliber equipment and Chevrolet support, we have all the resources to win some races and be in the hunt for the 2020 Championship. I got the opportunity to crew chief Zane (Smith) in his first Gander Trucks start in 2018 at Gateway and we worked really well together. I’m looking forward to seeing what we can accomplish next season.”

Sponsorship and an assigned truck number for Smith will be announced at a later date.

Penalty report from Homestead-Miami Speedway

Leave a comment

NASCAR issued four fines and one suspension for lug nut violations during its championship weekend in Miami.

Cup Series

Mike Wheeler, crew crew chief on Matt DiBenedetto‘s No. 95 Toyota, was fined $10,000 for one unsecured lug nut.

Xfinity Series

Mike Shiplett, crew chief on Cole Custer‘s No. 00 Ford, was fined $5,000 for an unsecured lug nut.

Truck Series

Steve Lane, the owner of On Point Motorsports and crew chief on Danny Bohn‘s No. 30 Toyota, was fined $5,000 and suspended one points race for two unsecured lug nuts. The No. 30 truck competed part-time this season and made 16 starts. The team told NBC Sports it will not appeal the penalty.

Trip Bruce III, crew chief on Stewart Friesen‘s No. 52 Chevrolet, was fined $2,500 for one unsecured lug nut.

Other

NASCAR issued an indefinite suspension to Jeffrey Schmidt for violating its substance abuse policy.

Truck Series gets minor name change for 2020

Getty Images
1 Comment

Four days after the end of the Gander Outdoors Truck Series season, NASCAR announced the series will receive a minor name change for the 2020 season.

The series will be called the Gander RV & Outdoors Truck Series when the season starts in February at Daytona International Speedway.

This is the second name change for the series in two years.

This season saw the name change from the Camping World Truck Series, which had been the title from 2009-2018.

Gander Outdoors and Camping World are owned by the same company.

Next year will also see a different name for the Cup Series. With the series going to a new sponsorship model, it will simply be called the NASCAR Cup Series.