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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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Austin Cindric wins pole for Xfinity race at Iowa Speedway

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Austin Cindric won the pole for tonight’s Xfinity Series race at Iowa Speedway, claiming his first career pole.

The Team Penske driver earned the pole with a top speed of 131.409 mph.

The rookie is followed by Daniel Hemric (130.988 mph), Brandon Jones (130.836), Elliott Sadler (130.532) and Cole Custer (130.435).

“It’s huge for me, it’s a huge weight off my shoulders as well …Being so close to so many poles these last few races with these Penske guys,” Cindric told Fox Sports 2.

Kaz Grala will make his best-career start in eighth. Joe Gibbs Racing’s Riley Herbst will start ninth in his series debut.

Seven of the starting top 10 have never won a series race.

Justin Haley will start 13th. He will be followed by Shane Lee, John Hunter Nemechek, Ross Chastain, and Ty Majeski.

Christopher Bell and Ryan Reed will start from the rear after they failed to get through inspection in time to make a qualifying attempt.

The race is scheduled to start at 5:14 p.m. ET.

Click here for qualifying results.

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

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The NASCAR Xfinity Series enjoys the spotlight with the Cup Series off and no Cup drivers competing in today’s race at Iowa Speedway.

There’s a good chance of seeing a new winner for this season. Only three drivers who have won this year (Tyler Reddick at Daytona, Christopher Bell at Richmond and Justin Allgaier at Dover) are entered in today’s race.

Here are the details for today’s race.

(All times are Eastern)

START: Craig Abel will give the command to start engines at 5:07 p.m. The green flag is scheduled to wave at 5:14 p.m.

DISTANCE: The race is scheduled for 250 laps (218.75 miles) around the 0.875-mile track.

STAGES: Stage 1 ends on Lap 60. Stage 2 ends on Lap 120.

PRERACE SCHEDULE: Garage opens at 11 a.m. Driver/crew chief meeting is at 2 p.m. Qualifying is at 2:35 p.m. Driver introductions are at 4:30 p.m.

NATIONAL ANTHEM: Specialist Michelle Monroe from the Iowa National Guard 34th Army will perform the anthem at 5:01 p.m.

TV/RADIO: Fox Sports 1 will broadcast the race beginning at 5 p.m. Coverage begins at 4:30 p.m. Motor Racing Network’s radio broadcast begins at 4:30 p.m. and also can be heard at mrn.com. SiriusXM NASCAR Radio will have MRN’s broadcast.

FORECAST: wunderground.com calls for mostly sunny skies with a high of 90 degrees and zero percent chance of rain at the start of the race.

LAST TIME: William Byron won this race last June. Ryan Sieg was second. Tyler Reddick placed third. Ryan Preece won the July race. Kyle Benjamin was second. Brian Scott placed third.

STARTING LINEUP: Click here for the lineup.

Kyle Larson wins Ohio Sprint Speedweek race at Eldora

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A night after wrecking and heavily damaging his car, Kyle Larson came back to win round two of the Cometic Gasket Ohio Sprint Speedweek series Saturday night at Eldora Speedway.

Larson, competing in the first six rounds of the nine-round series with the Cup Series off this weekend, held off former NASCAR driver Dave Blaney late to win the A feature. Blaney fell to third on the last lap. Carson Macedo was second.

Rico Abreu finished 10th. Tony Stewart, who won the B feature, placed 16th. Kasey Kahne was 20th.

The victory is Larson’s first in the Arctic Cat All Star Circuit of Champions at Eldora. It is his seventh victory in the series.

“I made a mistake last night and it cost us a car,” Larson said, according to the Arctic Cat All Star Circuit of Champions report. “This really makes up for that. I’ve now won in every kind of car I have ever raced here at Eldora. That’s pretty cool considering I’ve only raced here like 10 times.”

Ohio Sprint Speedweek continues Sunday at Waynesfield Raceway Park.

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Race results, Truck Series point standings after Iowa

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Brett Moffitt took the lead at the beginning of the final stage of the M&M’s 200 and held the lead for the final 76 laps to win his second race of the season and the first on his home track of Iowa Speedway.

In the final 10 laps, Noah Gragson and Harrison Burton were able to close the gap as Moffitt lost ground on his older tires. That gave Gragson the opportunity to make a banzai move in turn four. Gragson slapped the wall hard on exit, but retained his second-place position.

Pole winner Burton finished third.

David Gilliland and Johnny Sauter rounded out the top five.

Click here for complete results.

Finishing second, Gragson was able to make up a little ground on points leader Johnny Sauter – cutting the points lead to 71 from 77. Gragson remains second in the standings.

Moffit’s Iowa victory cements his third-place position in the standings.

Stewart Friesen and Grant Enfinger round out the top five.

Click here for the complete points standings.