I didn't know my TV had any other channels besides Speedvision.  This is
bullshit.  Who do we write to to protest this nonsense?  What will happen to
all the race series' that depend on SV for coverage and sponsorship?  I
think SV is responsible for bringing prototype and GT racing back into
popularity for the fans.  Let's hope sports racing doesn't die off again
like it did in the 90s when IMSA went defunct.

Rich Blake

-----Original Message-----
From: Son Nguyen <[email protected]>
To: [email protected] <[email protected]>
Date: Thursday, June 28, 2001 3:16 PM
Subject: Speedvision to become NASCAR channel...


>ACK!!!
>
>In case you haven't seen the latest...  Speedvision is about to
>have 24/7 coverage of NASCAR and sales of Earnhardt's paraphernelia.
>No more F1, Touring Cars, rallies, etc...
>
>So much for Speedvision's promise to provide more coverage of
>grassroot motorsports...  I suppose NASCAR could be considered
>"grassroot", depending on how you look at it...
>
>Son
>90 GLI
>
>Check this from the Business Journal:
>
>Sports network needs home for new NASCAR effort
>Erik Spanberg Senior Staff Writer
>Fox Sports has quietly begun scouting Charlotte-area sites for its
>proposed
>NASCAR cable network headquarters, eyeing a February launch
>coinciding with
>the Daytona 500.
>Area real estate sources say Fox wants as much as 50,000 square feet
>to house the network. Target sites include Huntersville Business
>Park, home to Joe Gibbs Racing and other teams, and Twin Lakes
>Business Park.
>"It certainly would make sense (to have a Charlotte headquarters)
>from a lot of perspectives," says Paul Brooks, NASCAR vice president
>of broadcasting.
>"Because so many drivers and teams are in that area, it would make
>producing and creating the shows much easier."
>Brooks says the presence of Charlotte-based NASCAR Images, an
>archival video source, also works in the area's favor. NASCAR Images
>is jointly owned by NASCAR and Fox.
>The idea for a NASCAR network began two years ago, when the stock-car
>sanctioning body completed a $2.8 billion broadcast contract with Fox
>and NBC/Turner. That deal began this year. With viewership at an all-
>time high, Fox and NASCAR executives have again turned their
>attention to starting a cable channel.
>The plan is to convert Speedvision, an existing cable network reaching
>41 million households, to the NASCAR Channel. By comparison, The Golf
>Channel, launched in 1995, reaches 37 million homes.
>A name hasn't been selected, but it is expected to include NASCAR.
>NASCAR has already licensed its name to Fox for a motorsports cable
>channel.
>Fox parent News Corp. owns a third of Speedvision and is negotiating
>for an
>80% stake with other shareholders.
>David Hill, Fox Sports chairman, says the deal should be finished by
>August.
>"We haven't finished the acquisition yet," Hill says. "I don't think
>the ink's dry on the paper until August so we can't do anything yet.
>We're doing a heck of a lot of planning."
>Industry experts say the revamped Speedvision will emphasize NASCAR
>while incorporating other forms of racing and automotive collectors'
>shows.
>Speedvision generates $75 million per year in revenue, with annual
>advertising gains of 40% to 50% the past five years. It became
>profitable last year.
>
>
>
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