Finding a New Sunday Hobby
Sunday, December 7, 2008
By: Christina Woldt
According to a recent report from Pointer Online journalist Al Thompkins, many NASCAR drivers are calling on fans to get in touch with their local Congress members. Why? To urge them to lobby for an auto company bailout now quoted at 34 billion dollars and save their sport.
We can hardly turn on a TV anymore without hearing about the impact of struggling auto companies and talk of a possible bailout, but I for one had not thought about the various long-arm affects that the auto world woes are imposing upon numerous other businesses.
Apparently Honda has already decided to pull out of the Formula One racing world altogether, citing the global economy and a struggling industry as the reason behind it. Should other large NASCAR companies like GM, Ford, or Chrysler begin to follow suit we may be looking at dramatic changes to the sport itself.
NASCAR is often touted as being the most popular "sport" in America. With the millions of dollars counted on annually in sponsorships and parts, many fans (70 million of them Fox says) and owners could be looking for a new way to spend their Sundays.
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