Quote:
Originally Posted by mountainstar
Actually there is no tobacco ban!
The reason they don't sponsor racing cars or anything else is due to a self imposed ban as part of an agreement with the US government. And part of it is political correctness and PR.
Who knows all that could come back someday.
I'd say if your revenue model was dependent on tobacco revenue you have a crap business model.
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Yes you would have a poor business model....
CART/Indycar had more revenue than Nascar before the 'agreement'....and when Players, Kool, etc went those teams struggled for replacements, and overall revenue dropped.
Nascar lost Winston but had a strategy-they went for mainstream consumer companies. They won huge support from promotions by those companies.
The IRL tried the upcoming .com companies but many of those companies crashed and burned, they didb't put moey into promotion and the IRL didn't really nurtue or assist them. CART didn't have a strategy and gradually lost more and more revenue and subsequent support as there were few really good quality replacements and few that actually invested in the sport.
There were otehr factor invoved but teh truth is that the other factors coupled with the loss of revenue hit Open wheel at an critical time.
If the tobacco 'ban' hadn't happened could they have weathered the storm and handled the other factors.....And the probable answer is yes.