Owners React to the State of Motorsports

Saturday, Feb 25 2184

DAYTONA BEACH, Fla.—   In an afternoon media availability with Toyota owners, Joe Gibbs was asked about the reports in The Wall Street Journal (WSJ) concerning the issues within NASCAR Management. Coach Gibbs mentioned that he was interviewed for the article, but his quotes were not mentioned. 

 “I was interviewed for that article, and there wasn't one comment I made that was in that article, or there was no slant to anything in there,” said Gibbs.

Gibbs, as well as other owners on the Monster Energy NASCAR Cup Series level, believe that the sport is in  a great position, despite the reports. 

 “When I look at the sport, and I go back to 2006 when I ran the Super Bowl in Detroit.  We were lucky to have 70,000 seats and to think about every weekend we have better than a Super Bowl 38 times.  People need to take that into consideration, and then as you stack the media and the social media on top of that, I think the connection is amazing and with the disruption we’re gonna have now with these three different segments, certainly when we announce a sponsorship like Shell yesterday for seven years and you see Fed Ex, I think that there’s never been more competition on the race track.  I think what we have to do as a group, the people in this room, we have to take a little different look at this,” said Penske.

Gibbs and Penske both mentioned the long-term commitments that Shell and FedEx announced this week to help validate their claims.

“We announced FedEx the other day, a new extension for them, a long‑term extension. There's three other sponsors that we also did that with our race team alone. We saw Shell come in and make a huge decision with Roger,” said Gibbs “We also have two new sponsors coming in that we can't announce right now that will probably be announced within the month, okay.’

The Wall Street Journal interviewed numerous executives within the sport, but did not include any portion of their interviews.

“My personal opinion. I just kind of felt like this thing was already going in a direction, and it was like when I was asked questions, it was, we're headed one direction, I don't care what you say. Now, maybe that's not fair and I know that, but I felt it. I felt that. I felt it personally. And I take it because this is all my family, J.D., Coy, all of us, all we do is race every day,” said Gibbs

Speedway Digest has reached out to Tripp Mickle and Valerie Baurlein, writers of the article, but have declined comment. However, The Wall Street Journal has talked to other media outlets stating they stand by the fair and accurate reporting from Mickle and Baurelin. Daytona International Speedway officials have confirmed that WSJ does not have a presence at the speedway during the weekends marquee event, the Daytona 500. 

Caleb Whisler

I am 19 years old from Atlanta, GA. I have been following motorsports since I was born. Motorsports has been "passed down" in my family. I am named after NASCAR Hall of Famer, William Caleb Yarborough, also known as Cale. Growing up in the southeast, racing was something that was a Sunday tradition after church. What an honor it is to share that passion with others.