Leaving discussions of Jesse and Magic for another day, I didn't see $400 M as the price for a team. The most recent numbers I heard was that a Craftsman truck costs at least $4 M per truck team and Sprint Cup cars cost $25 M per car team. Now,$4 M is more money than I have, but it's within Bill Cosby and Oprah Winfrey-type money.Does any body remember when Nascar paid Jessie Jackson and Magic Johnson to go away.
First it takes aprox 400 million to racing there wont be any minorities or anyone else starting race teams.
This wont be good for sponsers
In fact, what Black owners I've known of, they've been in Craftsman Truck. Nelly, Reggie Jackson, and Brad Daughtery have all owned racetrucks. Now, sponsorship money from Black-owned business may be trickier, trying to convince their marketing departments that advertising to NASCAR fans is worth their investment. It's kind of like what I've said of other sponsors allowing Black drivers to be their pitchmen.