Saturday, March 31, 2018

Wednesday, March 21, 2018

BK Racing's Travails And Team Spending

The bankrupcy of BK Racing, a Winston Cup outfut that was grossly underfunded, offers a telling insight into team spending and what has to be addressed for the sport's economics. Expenses were in the $18 million annual range, with the biggest percentage (27%) on personnel; the engine lease hit 19% while entry fees were in the $600,000 range; tires accounted for nine percent of expenses and travel 8.4 percent