12.09.08
NASCAR Nation
The real reason for the Big 3 bailout: NASCAR needs it. Excerpt:
NASCAR — the titan of American motor sports, perhaps second only to the NFL in prestige and drawing power — knows that without Congress intervening to help the Detroit Three, the world of stock car racing will be rocked as if hit by a giant meteor.
Manufacturer support in the hundreds of millions of dollars from GM, Ford and Chrysler would dry up. The Sprint Cup Series — NASCAR’s showcase — could disappear, or change radically, before the dust settles.
