5/23/2018

NASCAR Decline

I've been reading a few articles on the decline of #NASCAR and I have a crazy theory. NASCAR is the canary in the coal mine for the economic decline of the middle class BECAUSE of economic inequality. The rich will kill the goose that laid the golden egg.

"... it could be an even bigger indicator that NASCAR’s mostly self-induced problems aren’t able to be solved by those currently in charge. 
And boy, are there a lot of issues. Racing costs have skyrocketed as stock car racing has become a sport dominated by engineers. Car sponsorship used to cover racing costs but NASCAR’s declining and aging audience and companies’ move away from a traditional advertising model with the proliferation of the internet has made an owner’s business-to-business connections more imperative than ever."