NASCAR Deal w/Fox TV Deal
NASCAR close to TV deal with Fox: UPDATE: NASCAR is close to finalizing a new TV deal with Fox for the first half of the Sprint Cup season, but a deal for the second half will not be wrapped up until next summer at the earliest, according to several sources. Fox started negotiations for its package earlier this spring and has agreed on the broad terms of a new deal to continue in the sport, sources said. An announcement is likely to come in the weeks after the broadcaster's media rights deal with Major League Baseball is announced officially. But the remaining inventory of NASCAR's media package will be in question for the next year. That's because ESPN and Turner Sports executives told NASCAR that they are not willing to start negotiations on their media contracts early. NASCAR approached both networks earlier this summer about new deals, but both chose to wait until their exclusive negotiating windows kick in next summer. Typically, negotiating windows last around a month. Despite declining ratings, particularly in the younger demographics, NASCAR stands to bring in more money from its next media deals. The addition of NBC Sports as a serious new bidder could create a bidding battle that could help push rights fees higher than many expect. ESPN, which carries the NASCAR Chase for the Sprint Cup Championship, is interested in renewing its deal. Turner, which carries six midseason races, is interested in adding more races to its schedule. Sources familiar with NASCAR's plans said the organization hasn't decided whether it will sell its entire package of rights to one partner, two partners or three, as it has in its current deal. That decision won't be finalized until after it's held initial conversations with ESPN and Turner. See more at Sports business Journal.(10-1-2012)
UPDATE: The curveball in a new FOX deal is the impact the network's change of SPEED into Fox Sports One, a new all sports channel that will carry Major League Baseball, college football and basketball and other sports in addition to NASCAR programming. Hoping to keep up with the likes of the ABC/ESPN, NBC/NBC Sports Network as well as CBS/CBS Sports Network pairings, FOX plans to flip the current motorsports and automotive channel into its own general sports cable network. As of now ancillary NASCAR programming such as practice, qualifying and support events like the Camping World Truck Series would be mixed into the revamped channel's content line-up. There is word FOX will also stream NASCAR programming beginning next season, ala the "Watch ESPN" initiative that will allow mobile device access for thousands of viewers. Assuming FOX comes to terms, the remainder of the new NASCAR television package is a bit fuzzier. While it appears ABC/ESPN and TNT will return to the negotiating table, the NBC's interest is a wild card. Desperate for content to help build its fledging sports net, the Peacock folks are eyeballing a return to the business of stock car racing. The Nationwide Series, currently an ABC/ESPN property, could be in play for NBC as well as the Truck Series should FOX decide to back off the amount of NASCAR programming for its cable sports network or the "World Wide Leader" scale back its stock car investment. CBS or perhaps niche outlets like "The History Channel" might also dip their toes into the negotiations.(CBS Sports)(10-3-2012)
Losing Speed to make it a Fox Sports One channel would be a disaster, at least to me. It's the one channel that carries just motorsports. If I wanted to watch all that other crap, there are plenty of other channels. I'm thinking, with all the other programming, that a lot of the NASCAR stuff like practices and qualifying may be delayed broadcasts. That, to me, would be a tragedy. What happens to the website??? Ugh, if they think ratings stink now...



