NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO!!!!!!!!!!!!!!!!!!


--- Son Nguyen <[email protected]> wrote:
> ACK!!!
> 
> In case you haven't seen the latest...  Speedvision is about to
> have 24/7 coverage of NASCAR and sales of Earnhardt's paraphernelia.
> No more F1, Touring Cars, rallies, etc...
> 
> So much for Speedvision's promise to provide more coverage of
> grassroot motorsports...  I suppose NASCAR could be considered
> "grassroot", depending on how you look at it...
> 
> Son
> 90 GLI
> 
> Check this from the Business Journal:
> 
> Sports network needs home for new NASCAR effort
> Erik Spanberg Senior Staff Writer
> Fox Sports has quietly begun scouting Charlotte-area sites for its
> proposed
> NASCAR cable network headquarters, eyeing a February launch
> coinciding with
> the Daytona 500.
> Area real estate sources say Fox wants as much as 50,000 square feet
> to house the network. Target sites include Huntersville Business
> Park, home to Joe Gibbs Racing and other teams, and Twin Lakes
> Business Park.
> "It certainly would make sense (to have a Charlotte headquarters)
> from a lot of perspectives," says Paul Brooks, NASCAR vice president
> of broadcasting.
> "Because so many drivers and teams are in that area, it would make
> producing and creating the shows much easier."
> Brooks says the presence of Charlotte-based NASCAR Images, an
> archival video source, also works in the area's favor. NASCAR Images
> is jointly owned by NASCAR and Fox.
> The idea for a NASCAR network began two years ago, when the stock-car
> sanctioning body completed a $2.8 billion broadcast contract with Fox
> and NBC/Turner. That deal began this year. With viewership at an all-
> time high, Fox and NASCAR executives have again turned their
> attention to starting a cable channel.
> The plan is to convert Speedvision, an existing cable network
> reaching
> 41 million households, to the NASCAR Channel. By comparison, The Golf
> Channel, launched in 1995, reaches 37 million homes.
> A name hasn't been selected, but it is expected to include NASCAR.
> NASCAR has already licensed its name to Fox for a motorsports cable
> channel.
> Fox parent News Corp. owns a third of Speedvision and is negotiating
> for an
> 80% stake with other shareholders.
> David Hill, Fox Sports chairman, says the deal should be finished by
> August.
> "We haven't finished the acquisition yet," Hill says. "I don't think
> the ink's dry on the paper until August so we can't do anything yet.
> We're doing a heck of a lot of planning."
> Industry experts say the revamped Speedvision will emphasize NASCAR
> while incorporating other forms of racing and automotive collectors'
> shows.
> Speedvision generates $75 million per year in revenue, with annual
> advertising gains of 40% to 50% the past five years. It became
> profitable last year.
> 
> 
> 
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