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IndyCar teams crying "wolf" regarding costs and budgets.
Thinking about all of the whinging we've been hearing over the past couple of years, the delays in chassis and engine developments that have resulted from it, and now the record-large grid for 2012 made me wonder if the IndyCar teams haven't just become the Boy Who Cried Wolf.
http://openpaddock.net/2012/01/24/indycar-crying-wolf/
Could this turn around and bite them in the rear later down the road if the economy ever becomes extremely dire? It's tough for me to reconcile all of gloom-n-doom predicted by the teams about low grid sizes from the cost of participation and the now high 20s to likely 30 cars signed up for 2012. It makes me mistrust any future complaining by the teams.
Replies to This Discussion
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Permalink Reply by PJ Kirschbaum on -
He and Chippie wouldnt be leading the charge for lower costs if he/they are sooo into the series.
Lets see, chip has cup and rolex teams..penske has cup and has dabbled in alms/ rolex and other series.
If they are so into the health of the series, then they should have cars in Lights, right? Like developing talent for the series, right? Oh and Ill bring up the mirror supports, you remember the 3 foot long ones with the little windows in them..but ya, the sport is too expensive ;)
They arent sportsman in it for the sport, they are businessmen in it for the money.
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Permalink Reply by Doug Horton on -
First of all leading the charge for lower costs would be helping every other team in the series as well, making all of those teams more financially stable and thus helping them to be more likely to be more competitive, all of which helps the series. Are you this worried that Honda, Lotus, and GM, won't turn an engine profit on the leases, Im pretty sure I explained why they get involved earlier. These two teams that you seem to hate so much employ more than 1/4 of the regular drivers. Look at the payout in NASCAR and compare it to Indycar, they can make way more concentrating their efforts there and walking away from this series. Talk o anyone who had ever met or worked for Roger Penske and you will know what kind of stand-up guy he is and even if you think he is all about the money, it makes no sense to lobby for things that will shut the series down or make it less stable.
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Permalink Reply by V. Kurt Bellman on -
PJ, you are so full of crap.
We've seen what Indy looks like without Chip and the Cap'n. See 1996-2000. It looks like unmitigated garbage minor league racing. It was literally unwatchable.
I'd rather see what Indy looks like without Foyt and anyone named Hulman or George, than ever again see what it looks like without the Penske and Ganassi organizations.
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Permalink Reply by xorpheous on -
Mr. Horton has the right of it. Penske, while certainly a brilliant businessman, has a deep deep passion for Indy Car racing and especially the Indianapolis 500.
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Permalink Reply by Daddy of Equalizer on
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Uh, Xorpheous ........ hate to break it to you, but the economy already is extremely dire ..........
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Permalink Reply by xorpheous on
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No, it's merely bad. Dire will come later (and it WILL come) when China starts calling in its markers on us. ...but that's a topic for another discussion.
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"Merely bad" - LOL! I hate to see what your idea of "dire" is, then.
I sincerely hope that the state of the conomy does not become "dire".
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Permalink Reply by V. Kurt Bellman on
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Fear not, DoE. Some people obviously live where the economic toilet has not yet flushed. There ain't much below where my area is economically right now. Even responsible homeowners who HAVEN'T lost their jobs are facing bankruptsies and foreclosure due to takehome income shrinkages, energy cost increases, and banking fee explosions. Reading, PA, the town Penske left a few years ago, is now the statistically poorest city in the entire USA. Not because Penske left, but he was part of a business mass exodus. AT&T Bell Labs was by far the biggest loss.
Their building up there on the hill, complete with a semiconductor fabrication facility seismically isolated by floating on a layer of oil, now hosts home and garden and/or pet products fairs.
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Permalink Reply by IndycarAddictus on -
Isn't the price of the initial cars subsidized? Something about Dallara using a grant to create jobs in Indiana. The return of manufacturer competition has helped to subsidize the engine leases and who knows how much "support" has been made available to the teams. While it was expensive for the teams to buy new equipment (how many cars do you think are actually leased?), the recurring costs and cost barrier to entry in the series have probably dropped considerably.
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