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Non-Tech : Speedway Motorsports - TRK - NASCAR Fans Favorite!
TRK 19.78-0.4%Sep 17 5:00 PM EST

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To: Stoctrash who wrote (129)2/25/1999 11:10:00 AM
From: Stoctrash  Read Replies (1) of 188
 
Cha-Ching....

Speedway Motorsports Part of New NASCAR Television Alliance
CONCORD, N.C., Feb. 24 /PRNewswire/ -- Speedway Motorsports (NYSE: TRK - news) officials believe today's television packaging announcement by NASCAR will have positive effects on future company revenues and the sport in general.

NASCAR officials announced that future television broadcast rights would be packaged as part of a new alliance with speedway operators. In the past, event rights fees were negotiated individually by officials at each venue. According to many in the sport, the current rights fees are undervalued in comparison with other sports including the NFL and NBA.

biz.yahoo.com
(thanks bill for the heads up!!)
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