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Kevin Harvick says NASCAR should share any gambling revenue with teams

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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.

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Tyler Reddick wins Charlotte Xfinity race

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CONCORD, N.C. —  Tyler Reddick won Saturday’s Alsco 300 at Charlotte Motor Speedway, earning his second Xfinity Series win of the season.

Reddick led the final 16 laps after he took advantage of Cole Custer spinning his tires on a restart.

Reddick beat Justin Allgaier, Jeffrey Earnhardt, Noah Gragson and Justin Haley.

The Richard Childress Racing driver led 110 of 200 laps on the way to his fifth career Xfinity win. The victory follows his Talladega win last month. Reddick has finished in the top four in the last eight races.

Pole-sitter Christopher Bell finished 31st after he made contact with the wall and cut down his right front tire with two laps to go in Stage 2. He attempted to finish out the stage, but the tire shredded and caused significant damage to his car. It’s his second DNF of the season.

Bell’s teammate, Brandon Jones, also got into the wall and cut a tire within a lap of Bell. Jones opted to pit immediately and was able to continue and finished ninth.

STAGE 1 WINNER: Christopher Bell

STAGE 2 WINNER: Tyler Reddick

WHAT’S NEXT: Pocono Green 250 at Pocono Raceway at 1 p.m. ET on June 1 on FS1

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Daniel Suarez fastest in final Coca-Cola 600 practice

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CONCORD, N.C. — Daniel Suarez completed a sweep of Saturday’s two Cup practice sessions by posting the top speed in final practice for the Coca-Cola 600.

Suarez recorded a speed of 180.704 mph around Charlotte Motor Speedway. He made 51 laps in the session.

“I will say one of the best (cars of his Cup career) for sure,” Suarez said. “I feel like this year I’ve had some good race cars with an opportunity to finish in the top five and top 10, but I feel like this car has been pretty solid.  It’s fast and it’s not comfortable to drive 100 percent, but I don’t feel like anyone out there is comfortable right now, so it’s been sunny and hot and slick and that makes things a little bit more difficult, but overall my team has been doing a very good job with Stewart-Haas Racing and Ford Performance.  We have a good piece and hopefully we can take advantage of it tomorrow.”

The top five was completed by Daniel Hemric (180.686 mph), Denny Hamlin (180.553), Ryan Preece (180.469) and Kyle Busch (180.276).

“I felt pretty good with our practice there,” said Hamlin, who will start 20th Sunday. “It was one of our better practices of the year. We’re going to have to start from deep in the field, which is going to be a challenge with traffic, but we’ve got a long race to get it done. Pretty happy with where we’re at.”

Busch has the best 10-lap average at 179.485 mph

Chase Elliott recorded the most laps in the session with 62. He was 18th on the speed chart.

Click here for the speed chart.

Christopher Bell wins pole for Xfinity Charlotte race

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CONCORD, N.C. —  Christopher Bell will start first in today’s Xfinity Series race at Charlotte Motor Speedway.

Bell won his third pole of the season with a speed of 184.313 mph. His previous poles were at Texas Motor Speedway and ISM Raceway.

The top five is completed by Cole Custer (183.187 mph), Tyler Reddick (182.192), Austin Dillon (181.659) and Brandon Jones (181.610).

Justin Haley will start 35th after an axle broke on his No. 11 Chevrolet in the middle of his qualifying run.

Ross Chastain did not finish his qualifying run after experiencing an electrical problem in the ignition on his No. 4 Chevrolet. He will start 37th out of 38 cars.

The Alsco 300 is scheduled to start at 1:16 p.m. ET on FS1.

Click here for the starting lineup.

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Today’s Xfinity race at Charlotte: Start time, lineup and more

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After a two-week break, the Xfinity Series returns to action today for the Alsco 300 at Charlotte Motor Speedway.

Here’s all the info you need for today’s race.

(All times are Eastern)

START: North Carolina Basketball Legend Phil Ford will give the command to start engines at 1:07 p.m. The green flag is scheduled for 1:16 p.m.

PRERACE: Driver/crew chief meeting is at 10:45 a.m. Driver introductions begin at 12:30 p.m. The invocation will be given at 1 p.m. by Billy Mauldin, CEO and President of Motor Racing Outreach. U. S. Marine Corps Lance Corporal Marc Wilka will perform the National Anthem at 1:01 p.m.

DISTANCE: The race is 200 laps (300 miles) around the 1.5-mile track.

STAGES: Stage 1 ends on Lap 45. Stage 2 ends on Lap 90.

TV/RADIO: FS1 will televise the race. Coverage begins at 12:30 p.m. The Performance Racing Network’s radio broadcast begins at 12:30 p.m. and also can be heard at goprn.com. SiriusXM NASCAR Radio will carry PRN’s broadcast.

FORECAST: wunderground.com calls for a high of 90 degrees and a 20% percent chance of rain for the start of the race.

LAST TIME: Brad Keselowski won this race over Cole Custer and Christopher Bell.

STARTING LINEUP: Click here for the starting lineup.