?Find More Money? ? Millionaire Kyle Busch Ruthlessly Bashes Stingy NASCAR Making It Harder for Owners

Managing a race team is akin to running a business in NASCAR, and the rising costs make it challenging for teams to thrive. The escalating costs have been an ongoing challenge, and without sponsors or funding, teams struggle to make their mark in the series. Kyle Busch, who is also a team owner, believes teams should ideally achieve 10?35% profit.

However, unfortunately, many teams are currently operating at negative percentages. This situation has led Kyle Busch to share intriguing insights from a team owner’s perspective. It is no secret that there are fewer sponsors compared to a decade ago, significantly impacting teams as sponsorship serves as a primary source of financial support. While purse money can aid in advancing teams, recent data has shattered the NASCAR world.

Kyle Busch opens up the dark reality behind the lower-tier series

NASCAR is a costly sport, demanding significant expenses for tires, car parts, and a skilled crew.?Fox Sports journalist Bob Pockrass recently shared a comprehensive list of expenses that NASCAR’s governing bodies are expected to cover.

After which, Kyle Busch, the team owner of Rowdy’s dominant Truck Series, also?revealed the financial challenges they face despite their numerous wins. He admitted that they consistently spend more money than they generate, which he believes is a reason why wealthy individuals prefer to run a race team.

Kyle went on to explain the various factors that have made it tougher for team owners, leading to his team flying less for races. He mentioned increased rates in engine manufacturing, people costs, tire expenses, and flight costs, all of which impact the overall team budget.

During Richmond qualifying, Kyle said, “Find more money for us to race for. That?s where it comes from. The world of motorsports is not getting cheaper, that?s for sure. People costs, tire costs, inflation.. everything has really gone up. The engine program with Ilmor was a great start of that, but those costs have now I think gone up 26 percent or something in the last two or three years, so even that?s taken a hurting.”

?Our teams are flying less ? we?re driving more, they drove here to Richmond (Raceway) because you just can?t pay for that stuff. The flight costs have gone up $250 a ticket, per person, or something like that to go to these races. You have to race for more money. If it costs more money to go racing, you need more money. And if there?s no sponsors, you have to be able to race for more.? KBM Motorsports owner concluded.

How do race teams, like Kyle Busch’s dominant Truck series team, cope with the ever-increasing expenses in motorsports, only time will tell.

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Do you know the NASCAR purse size for these popular tracks?

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The purse price in NASCAR is not only a source but a significant source of income for the drivers and teams. The prize money can help cover the costs of running a race team as well as provide the drivers with a financial cushion. This allure of prize money attracts top talent to the sport, as drivers are more inclined to compete in series with substantial prize pools available.

For example, the 2023 Daytona race featured a huge purse prize of around $26 million. Ricky Stenhouse Jr. emerged as the winner, taking home a considerable share of the prize pool, and the rest were divided among others. To shed light on the matter, Fox Sports journalist Bob Pockrass clarified that purse prizes can vary based on several factors.

Each race’s purse price represents the total amount for the winning drivers, and certain races, like the famous Daytona, are highly pursued events. However, NASCAR only announces the total purse prize for each race without disclosing individual driver earnings publicly.

Notably, purse prizes are decided upon several factors, including the drivers’ participation, sponsorships, and other elements. For instance, the purse prices for the Cup Series races at New Hampshire and Pocono were $7,520,319 and $7,243,361, respectively, further exemplifying the varying nature of these prizes.

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