*NASCAR aims at growth, promotion of Grand-Am
By Sporting News Wire Service
September 6, 2008
06:19 PM EDT*
_type size: + -In its acquisition of the Grand-American Road Racing Association, NASCAR saw the opportunity to help a series with an exciting road-racing product gain broader mainstream exposure through the marketing and media infrastructure the stock-car racing organization already has in place.
On Thursday, NASCAR Holdings, the legal entity that includes NASCAR and other subsidiaries, agreed to acquire Grand-Am, which was formed in 1999 and operates six racing series, the best known of which are the Grand-Am Rolex Sports Car Series and the Grand-Am KONI Challenge Series.
“It’s confusing somewhat when you’ve got a race where you’ve got three drivers [taking turns in the same car]. We’re going to work with Grand-Am to figure out how we can simplify this so everybody can understand it.” JIM HUNTER
The Rolex series kicks off its season with the Rolex 24 at Daytona, a 24-hour endurance race on the road course at Daytona International Speedway. Jimmie Johnson, Tony Stewart, Kyle Petty, Bobby Labonte, Juan Montoya, Kurt Busch and Jeff Gordon are among the NASCAR drivers who have participated in the Grand-Am race.
Sprint Cup owners Richard Childress and Chip Ganassi also own Grand-Am teams.
“The whole idea of the Grand-Am situation is for us to share NASCAR’s resources with Grand-Am,” said Jim Hunter, NASCAR vice president of corporate communications. "From an organizational standpoint and a resources standpoint, they’re where NASCAR was many years ago. So, from a marketing standpoint and from a communications standpoint and maybe a lot of other things, we want to share all of our resources.
“Grand-Am’s still going to be run independently. Roger Edmondson is the president, and he’s going to run the organization. But we’re going to support Grand-Am in any way we can, with our communications resources, such as the media [Web] site, for example."
Though Grand-Am has its own public site (www.grand-am.com), Hunter indicated that NASCAR would link its media site to Grand-Am content, as well as carrying Grand-Am news on the NASCAR media site.
Grand-Am, however, will not become another NASCAR series.
“The holding company for NASCAR is purchasing Grand-Am, but from an operational standpoint — I’m sure our competition department is going to work closely with their competition department — but we’re not going to run their races,” Hunter said. “They’re going to operate totally autonomously from us, but we’re going to lend them our assistance in any way we can to help build the Grand-Am series.”
Though Hunter doesn’t see a proliferation of Grand-Am companion events at speedways that host NASCAR races in the near future — beyond those that already exist, such as Daytona and Montreal — he does hope that more NASCAR drivers will cross over into Grand-Am.
“Hopefully, even more will participate, not just in the 24 Hours but in some of the other events where it gives NASCAR drivers an opportunity to participate,” Hunter said.
The important aspect of the deal, from Hunter’s perspective, is NASCAR’s ability to maximize the exposure Grand-Am receives.
“Just the access NASCAR has to the media is huge, compared to the access that Grand-Am has, or any other road-racing organization has,” Hunter said. "We’re going to do everything we can to at least put information out there that’s available on a week-in, week-out basis. There’s some really good human-interest stories in Grand-Am that we plan to use some of our people to help get those out there and take a much more proactive interest in what’s going on in Grand-Am.
“It’s confusing somewhat when you’ve got a race where you’ve got three drivers [taking turns in the same car]. We’re going to work with Grand-Am to figure out how we can simplify this so everybody can understand it.”
*Also
4 Comments
pie4july
Sep 08 2008 17:59
great now they will
forget about sprint cup
this i dont like
rubbercatfish
Sep 07 2008 10:39
Just another day in the buisness world!
Did you know that Texas Steak House and Hardee’s are owned by thre same company? Boddie Noel Enterprises Inc, from Rocky Mount NC.
Thing is, they do not run the steak house like a fast food joint and (if you ever stepped inside a Hardee’s) you know that they do not run the fast food side like a steak house except their outrageous prices.
So many corporations run multiple buisnesse every day without issue. Matter of fact, alot of these buisness owned by a corporation compete against each other! Either eway, the corporation makes a profit from these two buisnesses all the while still serving a diverse market!
Good buisness is what that is!
PoorSpellor
Sep 07 2008 10:01
Good
Maybe NASCAR will worry about Grand-Am and leave Sprint Cup alone!
pie4july
Sep 07 2008 07:48
um...............
no comment