Denny Hamlin Shares Staggering Price NASCAR Teams Pay for Unused Tires
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- Опубліковано 17 кві 2024
- In #deardenny, a fan asked what happens to the tires NASCAR teams don't use in their allotment. Denny shared the shocking amount that Joe Gibbs Racing spent on unused tires in 2022.
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Teams could turn in their unused tires to Goodyear until they conspired to use the system against a new competitor that was “too fast”. In 1978 the Dion Brothers team from New Hampshire, with Dave Dion driving, entered their small team for the Richmond 400. They went very well, qualified 4th. When the Dions went to get tires from Goodyear for the race they were reluctantly told that they had none left. The other teams had taken all of the tires Goodyear had brought which was more than a sufficient amount for the whole field that weekend. This left the Dion’s having to run McCreary tires. After the race the other teams turned in a huge amount of Goodyear tires. This unsportsmanlike action by the teams caused Goodyear to end the policy of turning tires back in effective at the next race.
First of all, Goodyear doesn’t want the tires back after you’ve mounted them on rims and inflated them, and taken them out of their sight and done whatever to them. I bet Goodyear would also say there’s nothing wrong with those tires X amount of days later, if cared for properly they’ll perform just as good. How long after they’re made does Denny think they sit before being used? I bet he’d be surprised. Definitely get a Goodyear engineer in there to answer some questions.
Rich people shit
This is 100 percent the responsibility of the teams, not the tire vendor. Teams demand X number of tires every weekend and Goodyear produces, and delivers them to the track each weekend. The top teams decide that they can only use the "freshest' tires every weekend so leftover tires are deemed unusable. Good enough for the "back marker" teams but not good enough for the elite. That is the elites bitter pill to swallow, not anyone else's. There are two very simple solutions to this problem but likely no one would agree to it so again the teams need to own this issue as their own. Otherwise they could settle on one tire to run at every track so there would never be "old" tires, or just run the old tires.
exactly take me for example i only have one hand does tht mean i get to go to a store or manufature and request a 50% rebate because i can only use one of the gloves?
As others have pointed out, why should Goodyear buy them back & be stuck with the bill because you didn't use them. Sorry we wrecked our car on lap 1, therefore Goodyear give us back $20,000 for these 8 sets of tires we haven't used. Goodyear is ultimately a business, they need to make money too. Its the same in every other form of racing, F1 also wastes endless amounts of tires because if you issue set amounts to each team some will use more than others. The only other solution would be to make Truck/Xfinity wheels the same as Cup again & then use the same tire compounds across all the series (with simply 1 type of compound for each of Short Track/Intermediate/Road Course/SS) so then if Cup teams want to sell to recoup so cash they can to lower series teams.
Also with the JGR figure is that just cup or across Cup & Xifnity
I agree 100%. Also, Goodyear can buyback and recycle those tires as well. Racing is ALWAYS a bottomless pit
I don't think he really knows the true facts. He has owned a Cup team now for 3 or 4 years and his own JGR crew chief told him the facts. I think if I had 100's of thousands of dollars worth of unused tires in storage as a team owner I would know!
But what Nascar and Goodyear do not tell you is that those tires are bought by the teams, but the teams cannot take the unused tires back to their shops.
Nascar does not allow testing at a nascar affiliated track, so that severely limits the testing locations a team can go to. and a way to not let teams do that is by denying them tires.
It's a racket, Goodyear used to go down the pits and garage areas and bore holes in the sidewalls so teams could not do testing or use them a a non nascar affiliated track. Now Goodyear takes the tires with the when they leave the track. I agree, make the other series use the same tie, but that would mean that they would need to switch to 18" tires.
buy them back at 50% original cost, GY still makes money and they can sell them to lower tier teams to recoup it.
@@batsonelectronics that still needs all the series to be using the same wheels & tires. And if they do that why shouldn't the race teams sell them direct to those teams or hand them down to their lower programmes
Want to save money? Go to a spec tire. You run the same tire at every track. And yes, I know a tire may work better at one track than another. But every car would be at the same advantage or disadvantage. Make a tire that can go 500 mile/laps, reduce pit crews to a couple of members. The comments will reflect that no one actually wants to cut cost.
No one truly cares about cost who run these sports
That’s IMPOSSIBLE, a short track tire wouldn’t work on a super speedway , road course or vise versa
A restaurant doest no refund you for food that was made for you that you didn’t eat so why should Goodyear eat the cost of the tires you ordered but didn’t use
That's just crazy!!! These are the things that I love hearing from you Denny, would love to hear more about cost of things the fans don't realize. Great Insight!!!!!
I love the fact that Denny sees things from both the owner and driver side and has this show and sometimes shares this info with us. Very informative sometimes.
That does not help the appeal of new sponsorship also. With the current money problems in the US, that's not a good look, (at all) for the sponsors budget and the fan that supports the sport and maybe Goodyear!
That is 416 sets, 1600+ tires. That is ridiculous, and also a racket for NASCAR and Goodyear. These are the things that people hate about NACSAR.
Wasted tires will end up in some continent next to solar panels and batteries.
@@crimsonjet94really showing your bias with that comment. UA-cam educated for sure.
Bring back tire wars
Goodyear isn’t making any money on tires. There is a ton of expensive R&D spent on tires that are only used in NASCAR. Goodyear is in this for marketing and development.
$625 per tire …I mean. For the type of tires I guess not the worst
Welcome to the real world Denny. What's Goodyear gonna do with all the extra tires JGR overordered at each race? Sorry Kid, no restocking.
Another company defender. You people are sick. Just like console fanboys
That's a lot of wasted money right there. Goodyear will say, "It cost us money to make them. We don't force you to buy them." It sounds like a no-win situation for the owners.
The tire issue is the team’s issue not the manufacturer of the tires, if Denny wants to cut cost and give team members more bonuses then maybe do away with the private jet he uses every weekend.. 😅
That fact is amazing!
In my mind a better idea than being able to return tires....is to have the ability to run the tires at any track.....
Denny Hamlin goes to a restaurant orders a dozen wings. Only can eat 9 and asks to have the other 3 removed from the bill. 🤔
$1 million dollars down the drain bc of unused tires is wild… i could’ve started a race team with that money bro 😭
Won't even watch this chanel again. He said our team would have saved 200grand. And when asked what that means he said I would have made more money. Go home, nobody cares dbag
Over the course of a year? Between 3 cars? Cmon bro
They used to be allowed to use those tires because the teams owned the tires once they bought them...then tiregate happened.
@@michaelwhite278That’d be at least enough for a local late model racing team 😂 definitely not nascar
I'm the lost librarian and I can make tons of stories for kids with that money
Denny if you figure out how to take already cured rubber and break it down to be used in another tire, you’ll have more money then Mansa Musa
Simple solution would be for Goodyear to not supply tires every weekend. Teams would use leftover tires those races. There you go, Denny, just saved you some money, staggering.
So Goodyear should produce these tires, so the teams have as many fresh sets as they want, but they should take them back after producing them, because the teams want fresh tires for the next race? What should Goodyear do with them after issuing refunds? That’s like asking the grocery store to take back the milk you bought because you didn’t drink it before it spoiled. If money is the concern, buy fewer tires and keep the older ones for an emergency set.
Force each team to run their old tires at some point during the next race that uses that tire. Adds strategy and saves money.
Every once in a while I watch a nascar video and it reminds me why I hate it and stopped paying attention 20 years ago. This isn’t a Goodyear problem. What is Goodyear going to do with these tires? If Goodyear has to take them back, then the cost per set has to go up to cover the cost of Goodyear producing something they then have to trash. Ultimately the customer pays for everything. No free lunch. That’s a universal truth. The problem here is nascar rules driving different compounds at each track. I’m in favor of multiple compounds to choose from (the same choices all season long, every race) and you could likely use the extra tires within a few weeks.
Well, don’t order too much tires?
It’s the teams fault!
Should be mandatory to use your tires, no matter new or old.
You have to run them or you don’t get new ones.
Im sure they didnt sell at a markup as trinkets to sponsors and fans.
Either way toss them on for a test lap or something than you can sell them as race used
Dude "saving the teams money"... smh
Create an exchange between teams of extra tires so everyone doesnt have to buy max
I don't think Goodyear is doing anything malicious here. (And before any judgement, I'm a Michelin guy.) If the teams are able to get rebates for unused tires, that cost is passed to Goodyear to not only rebate, but to reclaim and recycle. So why should it be their problem? If a customer comes in and says "I need x amount of something", the supplier will happily supply the product, but they don't have a duty to buy back what is unused. Imagine going into a tire store, buying tires, and saying "yeah I don't need these. They're the right size, no defects, just don't need them". The supplier made the sale because you came in needing something, and it's not their problem that you bought too many.
How about if theirs more than one track that uses the same tires, why don't goodyear make all the sets for the season in one batch.. so you can use your old tires
At the end of the year NASCAR teams could take the tires and make a table or something out of them and sell them like F1 does. The drivers could autograph them or whatever. Especially if they are not safe to use after a while.
Jesus Christ. 😱
1 f*cking million dollars? 🤯
I almost fell out of my chair here when I heard that number. 😳
Expectation: save money.
Reality: 1 million dollars in unused tires.
I've heard about how small mom and pop teams couldn't race because of the lack of funding for tires to race. I know Denny and several cup drivers have paid the bill for teams to run. And I'm talking about the Xfinity level and below. But the number here for tires is beyond insane!!!!!! Beyond insane!
Ain't NO WAY Goodyear is going to get on board with the unused tire reimbursement program. Thats $$$ coming out of their pocket.
I presume that Goodyear also brings spare sets to the track. What happens to those sets? I would think they would use them at the next track with the same tire, but are there limits as to how old the tires can be that Goodyear supplies? It seems that there should be a way for the teams to at least get a partial credit from Goodyear for returning unused tires.
I’m no expert, but if you’ve have a lot of unused inventory in the past, then buying 1 less set every race going forward would help 🤷♂️ Thanks for coming to my TED talk, I’ll take a commission for that advice.
Heh. Although he does mention it in the interview -- they don't want it to be That One Time when you needed that last set and don't have it. Although ideally you're not going through them that fast ... but people say a good-wearing tyre is good for racing to bring in strategy ...
Autograph and put in charity (tax deductible) auction. AND/OR sell them online for man cave objet d'art
I have used tires off of Gordon's car.. Smelled like rubber in that room for years
Denny is so spot off on this. If two JGR cars wreck out on lap 20 of a race… he wants Goodyear to purchase the unused tires back from them at cost? I mean seriously.. Denny is delusional
If the Daytona 500 gets rained out and only runs 100 laps… should fans get reimbursed half the ticket cost from NASCAR? Yeeeeeeah I don’t think so….
The Daytona 500 is 200 laps🤦♂️🤦♂️🤦♂️
He owns a team you own a couch
@@TheUncancelable1doesn't make him smart.
@@cstewart913 actually it does. He knows what is happening behind the scenes. You people dont
It’s worse for IndyCar. Firestone (just like GoodYear) makes the teams purchase a certain allotment of tires but after each race all the tires (even the unused tires that you didn’t run) have to be turned back into Firestone. If you’re ever at an Indy car race, look at the tires and how old they are on the cars they’re coming out of the transporters……some are actually old GoodYear and GoodYear hasn’t been involved either IndyCar in more than 25 yrs. All of those cars coming out of their haulers are on old, ratty tires, some even Continental or Avon. 😮
If it’s a million dollars in unused tires, that comes out to about 3 sets a week for each of the 4 cars at JGR. Maybe NASCAR could use this data and reduce the allotment by 2. This is the 3rd year of the car. They should have race trends/data by now
Bristol would like to know your location.
how much money do teams spend at the wind tunnel looking for a advantage that they are not to allowed have
Go back to the old way of doing business, run the same compound of tire at each individual track. If you have a few spares, they'll be used the following weekend.
Tires made for Bristol would be extremely dangerous at Daytona, Talladega speeds.
Tires are a science.
So there's no recycling program for used tires either? Why can't Goodyear buy them all back back at a reduced rate (based upon wear), in order to recycle them and create new product. Better for the environment too.
let the teams use the extra tires to test?!
Why is that Goodyears fault ? Maybe they should stop bringing so many tires to the track, then hear Denny whine.
From a budget racer point of view in both roadracing and speedway Baddays used really only had maybe 2 heat cycles and stuffed. Plus tyre design to me left a LOT to be desired,, no doubt they could be fast but road race tyres were VERY square shoulder and they just tore the rubber off of those shoulders.
Over 50 years I have used M&H, Avon, Dunlop, Bridgestone, Yokohama, Toyo, Mcreary/ American Racer and Hoosier tyres and these days Nankang. The worst for both dirt and road race is Goodyear. Just the lack of heat cycles available. Plus the American 'thing' to make the tyres as wide as possible.
I can see none of you are business people. So what Good Year can do to make the teams happy is this.. raise the price to $3500 a set and then refund any sets that were not used. GY spends a lot of money to make that tire so they HAVE to make it back. They have to pay for those big trucks and trailers at each race, they have to pay their employees, etc.
So they can charge out the ass for tires? Cmon, stop defending shitty company practices
They are given the opportunity to provide tires. It gives them brand awareness, so people like you buy them. The cost of a trailer and the tires are a drop in the bucket for a company w/ a 3.4 billion market cap.
$4M for tires…
@@logancravey7640 Not people like me, I use my brain and choose what I want, I am never talked in to buying something I don't want. It's people like you!. I have never bought a tire because of a sponsorship.
@@logancravey7640 Like I said... none of you are business people.
Or have fewer bespoke tires for all the tracks… so that you can use them at 3-4-5-6 different tracks
The older tires just go to waste because the rubber goes bad, eh? Damn. I was at a work conference years ago and bought/won a used Dale Jr. tire (from a Phoenix race) in a silent auction. I guess that's $80 I'll never get back. I might as well put it by the curb to be picked up with the trash.
Did junior use a tire marker to write #8 and his signature on it?
@@2Truth4Liberty Nope. I have the Hendrick Shops certification card for it. Wasn't signed (the tire wasn't autographed). Someone that is with our conference gets a lot of sports stuff donated. It's in South Carolina. We get a ton of Clemson/Dabo Swinney autographed stuff, some Carolina Panthers stuff, and then there were 2 years where there were tires. I'm not even a Junior fan. The first year I got outbid (although I wasn't that motivated that time). The second year it was a tire from his last year of racing full time. I bought it because I knew it would be worth something eventually.
I think they should do a “ old tire race”. Let teams run their old lot and top 5-10 get refunds on tires. Carnage not refunded.
And the thing that gets me is NASCAR limits practice where you can even use those tires to test.
Sell those tires to lower level teams at a 50% discount. Can you imagine how valuable those less expensive tires (regardless if they are 6 months old) would be a lower tier team? Or, make a tire that can be used at more racetracks. The fewer versions of the Goodyear Racing Eagle that exist, the more money would be saved.
‘Staggering’
Older new tires are not usefull? Even a month later? Cant store them in a room tempature space? Am i missing something?
Tells me JGR needs to do better at tire allocation. 1 million a year for 3 teams isnt that bad. This is a nothing burger
Holy shit.
Pretty clear the problem is just nascar anymore
Just sell the damn tires to fans. Maybe sign them and/or issue a letter of as authenticity stating what car/driver and race they are from.
You may not get what you paid for them but I’d say they will sell all day around the $400 each price point because that’s about what a game used MLB base/bag sell for. Home plate is more and from a significant game they cost more. But there are none that go unsold. I’m sure he’s got a guy that does his merchandise for him. So tell that guy to get on it and let me know or when I can purchase one. Or get your folks to contact me and I’ll champs the project!
And Huggins says thank you very much
there are tire compounds that last for years and dont fall off much....we use them in amatuer road racing.
Extra compound's for race like others would be cool
I also find it extremely interesting that this is just now being brought to light....how long has denny been in NASCAR? And how long has he been a partial owner in a team? Seems he didn't give a damn when it wasn't "his" money being spent so to speak....now that he has some real skin in the game it's a concern....guess all those years solely being a very well paid driver from JGR the expenses didnt matter....
Autograph tires and sell them after the race
Are there not some other kind of racers that use the same tires sell them to them
Why would Goodyear, or any other company, sell you something and then accept a return simply because you over bought and didn’t use them? What does Goodyear want with old tires?
Don’t kid yourself. If the teams saved this much money, it certainly wouldn’t be used for employer bonuses. The owners would just get richer.
What a dumb segment!
Sounds like you guys need to do your own tire management if you want the $250k back. The endless money era is long gone. Practice on the left over tires from the last time. 3-6 months older of date codes won't matter, practice doesn't have a pay window.
But Sunoco gives gas away hmm come on Goodyear
Now I know how they pay for the blimp. I rode on one In Long Beach back in the 80's, by the way don't ever do it.
A lot has changed in 40 years. Goodyear doesn’t even use blimps anymore, they now use semi-rigid airships.
That's just the cost of racing, you buy extra as insurance in case they are needed.
Why should GY eat them?
Except I bet the Goodyear NASCAR tire business is not a mega profit center for them. Develop and mfg short run short lead time tires and provide all the track support for 2400 a set. Seems pretty damn reasonable if that’s truly the all in cost for a set and doubt the air making 50% margin. Also imagine year one of Nextgen was an outlier otherwise they would have quoted last year.
Perelli has it figured out for F1, why can't Goodyear figure it out. Let Dale Jr start testing tires
NASCAR needs to use perllli
Fans would buy tires. Autograph them and resell them
Not nearly enough. Not enough ppl are gonna pay that much money for this many tires. There's just too many and they're too expensive.
So at Bristol when the tires ran out the owners had to pay goodyear on the spot for extra set
I don’t think they pay them on the spot. (Educated guess). They probably get invoiced.
$1 mil…it’s almost like if that money was saved it could be put toward, oh I don’t know, maybe putting horsepower back in the damn cars
Goodyear is the Matco truck of NASCAR
Its o.k. denny..the pentagon buys 20.000. Twentybthousand dollar toilets..deisel is 5.50..its inflation my brother..pimping aint easy..your 1st is getting run over..whst isvafter one..two like the second..i luv denny
NASCAR says" let's save money!"🤔
They age?? How far in advance does Goodyear make a batch of tires for all the teams for a race?
Maybe should be designing tires that shred instead of lasting half a damn race. Don’t think they should pay you back.
They need to have better allocation on tires. Refunding unused tires is a start but they need to allocate a certain amount of tires. Something like what F1 does.
They do have a MAXIMUM allowable allotment that each team can "order"...not a requirement to buy the maximum allowable allotment but most teams do...
If only the teams could rent a track like Kentucky or something and use up these excess tires.
Can I buy a set for my Kia
bring svg on the podcast denny
sell em off to guys who race for a hobby or hell sell em as burnout wheels id love to throw some on my truck with 454
If just next gen tires no one has a use unless get 18-in wheels that the tires will fit on
@@johnhaas2523 my truck has 18 inch rims on it they would go right on
3:37 is when he finally gets to the point.
Is Goodyear turning a profit from Nascar? I mean damn, allow for some competition and see what happens to the costs.
We have been down that road before and it’s not good. Tire Wars can be dangerous.
This is a silly approach to a silly problem. Car tires can only be recycled into playground mulch or ground up and mixed into asphalt.. you can't make new tires out of old tires. the easy answer would be to limit the set of tires allowed per weekend. Denny says himself "Nobody want's to be the guys that run out of tires before the end of the race" you either put everyone in that predicament -OR- you order extra tires, and no Goodyear can't make new tires out of your old tires.... and you won't buy 4 month old tires from Goodyear because you want NEW ones.
You could apply the same logic to food from the grocery store. buy 4 Lbs of ground beef, use 3 freeze 1, 4 weeks later when you want burgers why thaw that pound in the freezer, buy 4 more use 3 and freeze 1..... some people have 5 lbs of ground beef in the freezer, save it for a cook out.
Bridgestone
my truck tires last 60,000 miles....
Racing is expensive always has been. Duh
Why don't the teams start out the weekend buying x amount of sets then if there a chance you need one or 2 more sets. Go get them mid race?
Goodyear would still be out the manufacturing cost, they still have to build specific tires for each track....owners want it that way.
@@mitchellhensley2512 cost of doing business. They build these wet weather tire with no guarantee they'll be used. Teams shouldn't be required to take a financial hit to save Goodyear ass
BS, teams need to fight back. You should only pay for what you need to buy for race, practice, in-house applications. Testing should be on nascar. This is so stupid. If be pissed off to as an owner
Why would Goodyear refund teams for tyres that Goodyear can’t use? If the teams can’t reuse them later as they are useless why should Goodyear eat the cost? 😂
Nobody is talking about when they pit and change tires when there's easily 70 - 80 laps left on them.Stop changing tire so quickly and teach the toddlers how to drive on tires that aren't brand new.Limit the amount of tires they can use per weekend.....period
Why is this Goodyears fault, you purchase the tires and didn’t use them. You don’t want to keep them because the rubber goes bad, but you want Goodyear, who made the tires take them back and not be able to use them either. Kind of like going to McDonald’s, eating half your fries and then asking first a refund. If Goodyear did this, they would raise the cost of tires to cover the expense of eating the cost of the tires you return. I get it that it sucks, but at this level of racing it’s called the cost of doing business.
Except fries are $3
Stupid analogy.
In my opinion, that's a bad comparison stating eating half the fries and returning them.That's not what denny is saying at all. You should have the right to return something if it has not been used.People do it all the time every day, 365 days a year.You buy something at a store.You end up not using it and you return it.There's nothing wrong with that. Also goodyear can reuse the tires by grinding them up and reusing the compounds. The amount of money that nascar brings to goodyear is staggering. The teams should be able to either get a refund or credit towards a different tire in my opinion.
@@lawnmanmartinfan7909 yeah I don’t like that the teams are put dead last on the priority list when they are the one providing everyone the entertainment
@@lawnmanmartinfan7909 Your right they should be able to recycle all the tires new and used but returning tires? Have you ever bought a new set of tires that are mounted on rims and return them to the tire shop? I'm betting they would say ah no.
Thats already figured in to the cost of doing bussiness. Just like paying Denny millions even though he cant win a championship.
He makes 13 million a year I feel sorry for him 🤦♂️
why not sell them to the guys buying older nascars and racing them?
Maybe if Denny doesn't finish a race he will refund his pay for the uncompleted part of the race?!
If yous actually read these comments. ..I been watching past races from 2021...2022...n the tire seem 2 have more of a sidewall back then n the racing is sooooo much better....why can't they see this...I dnt understand why they dnt do that....can u tell me ????? My name is Chris northrup from n.y...wayyy upstate near canada
Or maybe it’s time for more than one tire supplier and only paying for what you use no matter how many sets a team has!!!! No more tire sets allowed rules.
With absolutely nobody watching the sponsored money will dry up and we won’t have to worry about NASCAR Again
Things that happen when nascar has the monolopy on the vendors and gootyear kicks back to nascar. they are stupid enough to think people cant see this? one of the many reasons I no longer support nascar.