As I sat in a corporate suite at Richmond International Raceway during a memorable weekend, I was thankful for another opportunity to experience “The Suite Life.” My mother’s employer has been a sponsor of NASCAR for years, as a way to network with their employees and clients.
The suite is located on the third floor of a glass building that sits just behind the start/finish line at RIR. It features TV’s with live race coverage, a bar area with plenty of food and beverages and comfortable seating for about 65 guests. A satellite radio allowed me to tune into a specific driver of my choice throughout the race. The front wall of the suite is smoked glass, affording a great view of the track. Pit passes are also available. The pits are less than a hundred feet away. Many of the pits are within easy viewing. Directly in front of the suite is victory lane. Although my favorite driver didn’t participate in that Friday’s race, Carl Edwards, #33 won the race. Once you experience NASCAR life in a suite, you won’t want to experience it no other way! AS
Through the first part of the semester we have come to realize that sponsorship is integral to the efficient operation of any major NASCAR team. The movement of sponsors and drivers from team to team is called “silly season” within the sport and liken to free agency in others sports; when sponsors and drivers change teams it becomes big news. We’ve seen this all season with the announcements of many heavy hitting corporate sponsors leaving teams that they have been associated with for years. When DuPont, the long time sponsor of Jeff Gordon, announced that it would no longer sponsor the number 24 in Sprint Cup, questions were raised about whether Gordon would return to the sport or call it a career. When these sponsors decide to take their money elsewhere or leave the sport altogether, it leaves teams searching for anyone who will pick up the tab for the next season and beyond. NASCAR is a multi-million dollar sport, both in earnings and expense, so when a company such as Budweiser leaves Richard Petty Motorsports, it leaves some teams thinking if they will be able to field their team the next season.
So much of this sport is linked to corporate money and the ability to sell your image to highest possible bidder. As it was stated on the first day of class, NASCAR is one day of racing and six days of business. If you are unable to attract the big bucks during the week, you have a hard time keeping up on the track on Sunday. MP