NASCAR is a fiercely competitive world that demands raw talent and deep pockets. Among the bright stars in the sport, Hailie Deegan stands out as a young female driver making waves in the Truck Series. However, her journey toward the Xfinity Series has hit a financial roadblock.
In an exclusive interview, Deegan revealed the stark truth behind her aspiration to move up the ranks. Yet, the racing world now stands at the precipice of witnessing a glorious rise or lamenting the loss of a talent that is Hailie Deegan.
A costly ascent: Hailie Deegan’s financial hurdles on the road to the Xfinity Series
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Hailie Deegan, the formidable driver representing Thorsport Racing in the NASCAR Truck Series, faces an unexpected challenge on her racing journey. While her undeniable talent shines on the track, a formidable financial barrier looms between her and a full-time spot in the coveted Xfinity Series.
In her candid conversation, the #13 Ford F-150 driver was asked about her prospects for racing full-time in the Xfinity Series. Her response is brimming with hope but also laced with the reality of her situation. “I mean, I would hope soon,” Deegan said, her voice brimming with determination.
“It’s just the financial side of it. I’d love to go to Xfinity, absolutely love to. I’d love to run there full-time next year. But it’s just the financial side of it, and you go from these truck racing budgets of having to raise enough money sponsorship for that, and then you go to Xfinity, which is about double, and if not more, if you want to run.”
While she’s ready to run full time in the Xfinity Series right now, @HailieDeegan touches on how sponsorships and financials are the major keys to jumping between the two series.
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With transparency and candor, Deegan shared the staggering costs of running a full season in the Truck Series—a daunting $2 million for A-Team participation. However, this pales in comparison to the exponentially higher expenses of the Xfinity Series, which easily double or even triple the financial burden.
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As the news of Deegan’s financial struggles takes ground, a groundswell of support has emerged from fans across the racing community.
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NASCAR fans of Hailie Deegan have rallied around her, recognizing the immense talent she brings to the sport. Social media platforms have been abuzz with calls for support, with fans exposing the lethal threat posed by the sponsorship culture in NASCAR.
“It appears that sponsors only want her sponsored posts because it’s a “guarantee” her followers will see it, where as if she’s not being focused on during the race for running up front there’s no guarantee her car/truck (and more importantly, sponsor logos) will be featured and seen,” one fan wrote on Reddit.
Another added, “I believe it was last year when she was on a FB or IG live AMA and was asked about sponsorship and she said the hardest part about her sponsors is that more potential sponsors want to pay her for “sponsored social media posts” rather than be on her car or fire suit.”
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“Correct me if I’m wrong, but isn’t there a similar deal that Toni Breidinger has where they wanna show up in photo shoots but not at the track?” a third one chimed in.
The fan guessed it right. In an interview with ABC News, Toni, then a 22-year-old, confessed, “It’s great that men and women can compete in NASCAR. But I think that inequality is still there and it kind of stems off of the fact that we are lacking on funding.”
“I believe that’s the main reason why you don’t see cars sponsored by one sponsor all year anymore. The value isn’t in the sponsorship on the car to companies anymore, but in social media interactions/activations. They can reach so much more on social media than on race team sponsorship,” another fan wrote.
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NASCAR fandom calls for reforms that would open doors for deserving talents like Deegan, irrespective of their financial backgrounds. As the sport evolves, the need for nurturing and cultivating young skills has become paramount, ensuring that potential stars aren’t lost due to financial constraints.