The Billionaire Family Ruining NASCAR

One billionaire family is killing NASCAR. The France family owns the entire sport. They’re making hundreds of millions of dollars a year, while teams are struggling to break even. If nothing changes, teams will collectively lose more than $200M over the next five years.
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[@adrianr87]

If there isn't a billionaire owner squeezing their client base for every penny while simultaneously making the experience worse it isn't American.

[@dvdv8197]

Greed is not the desire for more, it's the desire for more at the expense of others.

[@rosesmith6925]

Everything is fun and games, until you let the billionaires in 🙄

[@discgolflife]

Boycott, plain and simple. No cars show up, no revenue. It's called hardball for collective bargaining rights...

[@LessGo7921]

I knew something was instantly wrong when Furniture Row, the best team in Nascar in 2017 and 18, suddenly announced they had to shut down immediately after 2018. I still miss them 😢

[@stevenscott4096]

Regarding your point on sales tax on tickets. NASCAR doesn't pay that sales tax. The people who buy the tickets pay that sales tax. To describe it as corporate welfare is between mistaken and misleading.

[@arnarninson4413]

Another industry where the people doing the work and taking the risks make nothing while the laziest rake in all the profits.

[@jeffdavis8811]

Now we know why Tony Stewarts team is leaving the sport.

[@madmachanicest9955]

So effectively NASCAR gets 75% of the income when you account for track funds

[@DocSatch55]

The Donald Trump effect

[@RobertGorin]

Appreciate your videos! I’m 54 and younger generations should know there’s no shortcut to acquiring wealth, but there are ways to go about it. Fellow millionaires don’t tell the poor/middle class they need the knowledge of finance coaches to help build their wealth. If anyone here needs a good coach, here’s it..

[@tonysouthern3049]

NASCAR can go under! They have taken our sport away from those that can not afford to go to races and can not afford to pat to watch it on TV. The France family needs to go!

[@mattharrison2330]

They're literally children who don't want to share

[@K4R3N]

"To make a small fortune in racing you first start with a large fortune."

[@jdcole333]

Nascar has been a sh*tshow for over 20 years, Dale Jr kept them afloat for a while but since then it's been a downward spiral.

[@charlieraffaniello4867]

If you ain't cheatin, you ain't tryin is supposed to be the motto for racers, not billionaires

[@flanneryvevo]

An agreement on revenue sharing and new leadership would solve this.

[@longshank59]

God how I'm hating Billionaires. more and more.

[@dvdv8197]

MONEY OUT OF POLITICS SO WE CAN HAVE POLITICIANS WHO ACTUALL DO SOMETHING FOR THE 99% PLEASE!! 😤😤

[@DianaPr1nce]

It's another Ticketmaster. That model needs to be decisively ruled as a monopoly.