Ever since the company my dad works for, Liftmaster Chamberlain, signed on to a sponsorship deal in the NASCAR Sprint Cup Series, NASCARs top touring series, i've been following the sport ever since. And being involved with the sponsorship, i began to become interested in the financials of the sport nd the racing its self.
The main question I will be addressing will be; how do NASCAR and Indycar teams manage their money, and how does money get thrown around in the sport?
The secondary question I will be addressing will be; how much money does it take to funda NASCAR or Indycar team operation. I plan to go more specific as well talking about team members, workers, mechanics, spotters, etc.
Sources I plan on using will be; NASCAR. com , Indycar.com, ProQuest, Encyclopedia Britannica, Motorsport.com. I plan on using lots of numbers and realistic terms often used in racing.
My 3 sources I found were:
https://www.quora.com/What-are-the-economics-of-NASCAR
http://www.washingtonpost.com/wp-srv/special/sports/NASCAR-repairs/
http://www.investopedia.com/financial-edge/0510/nascar-from-back-alleys-to-big-bucks.aspx
http://www.washingtonpost.com/wp-srv/special/sports/NASCAR-repairs/
http://www.investopedia.com/financial-edge/0510/nascar-from-back-alleys-to-big-bucks.aspx
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| Source:http://a57.foxnews.com |

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