Word: speedway
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...should NASCAR rev up its popularity during a recession? Maybe Bruton Smith has the answer. Smith, the chairman and CEO of Speedway Motorsports, which owns seven racetracks on the Sprint Cup circuit, recently ruminated about three-time defending champ Jimmie Johnson at a media event. "Great guy," he said. "He's a neighbor. I like him a lot. I like his wife. But if Jimmie would just get out of his car and go over and slap somebody one time, that would help. He can slap me. I don't care, but I'd just like to see these drivers...
With high fuel prices deterring trips to the track last summer, NASCAR attendance dropped nearly 10% in 2008. This season, with the recession, ticket sales have lagged. In early February 2008, Daytona seats were sold out. This season, plenty of seats were still available. International Speedway, which owns 12 Sprint Cup tracks, including the Daytona International Speedway, recently announced that advance sales for all its tracks were down 17%. Eddie Gossage, president of the Texas Motor Speedway, a Speedway Motorsports track that hosts two Sprint Cup races, laments that funding for corporate hospitality tents has dropped. "All of the executives...
Less than two weeks ago, as Bank of America execs were entertaining clients and employees over the roar of their namesake 500 mile NASCAR race at the Lowes Motor Speedway just outside Charlotte, the city's other hometown bank, Wachovia, was coming to terms with its own mortality...
...Orleans--and perhaps rightly so. An estimated 65 million Americans will watch Barack Obama and John McCain duel for the first time on Sept. 26, many of whom will be documenting, dissecting and live-blogging their every move. Debates have been called the political version of the Indianapolis Speedway; most viewers tune in to watch the candidates crash and burn. Or, at the very least, break a sweat...
Which is why buyers of gifts for all kinds of occasions, from birthdays to anniversaries, are on the hunt for unique presents that just might fulfill lifelong dreams. Walter Friker, 63, recently drove a stock car 20 laps at Kansas Motor Speedway--something he had never done, though he had been on a racing crew as a young man. It was a Christmas gift his son and daughter bought from Signature Days, which sells participatory gifts nationwide. "They knew I appreciated the speed," Friker says. This appeal to both giver and receiver makes experiential presents work. Becky Meyer and Amber...