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Tyre War
In motorsports, a tire war occurs when more than one manufacturer provides tires for a series. Historically, tire wars have occurred in many high-level series, such as Formula One, NASCAR, Super GT, and MotoGP. Tire wars are a controversial practice: on the one hand, they promote technical innovation, forcing tire manufacturers to "push the limits" of their tire manufacture. On the other hand, when all event competitors plan to stretch their tires' performance envelope, the event risks widespread tire failures that can reduce driver safety; such a scenario occurred in the 2005 United States Grand Prix. In NASCAR Early history When NASCAR was founded in 1948, it sourced tires solely from the Firestone Tire and Rubber Company. In 1954, Goodyear entered the sport. For the next two decades, both tire manufacturers would claim race victories and speed records until Firestone left NASCAR in 1974. In the late 1960s, the deaths of Jimmy Pardue and Billy Wade spurred both Goodyear ...
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Motorsports
Motorsport, motorsports or motor sport is a global term used to encompass the group of competitive sporting events which primarily involve the use of motorized vehicles. The terminology can also be used to describe forms of competition of two-wheeled motorised vehicles under the banner of motorcycle racing, and includes off-road racing such as motocross. Four- (or more) wheeled motorsport competition is globally governed by the Fédération Internationale de l'Automobile (FIA); and the Fédération Internationale de Motocyclisme (FIM) governs two-wheeled competition. Likewise, the Union Internationale Motonautique (UIM) governs powerboat racing while the Fédération Aéronautique Internationale (FAI) governs air sports, including aeroplane racing. All vehicles that participate in motorsports must adhere to the regulations that are set out by the respective global governing body. History In 1894, a French newspaper organised a race from Paris to Rouen and back, starting ci ...
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1969 Talladega 500
The inaugural race in the Talladega 500 (now Yellawood 500) series was held on September 14, 1969, at Alabama International Motor Speedway in Talladega, Alabama, USA. Background Talladega Superspeedway – originally known as Alabama International Motor Superspeedway (AIMS) – is a motorsports complex located north of Talladega, Alabama. It is located on the former Anniston Air Force Base in the small city of Lincoln. The track is a tri-oval and was constructed by International Speedway Corporation, a business controlled by the France Family, in the 1960s. Talladega is most known for its steep banking and the unique location of the start/finish line - located just past the exit to pit road. The track currently hosts the NASCAR series such as the Cup Series, Xfinity Series, and the Gander Outdoors Truck Series. Talladega Superspeedway is the longest NASCAR oval with a length of , and the track at its peak had a seating capacity of 175,000 spectators. Summary Tires controversy ...
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Toyota Owners 400
The Toyota Owners 400 is a 400 lap NASCAR Cup Series stock car race held at the Richmond Raceway in Richmond, Virginia. From 2007 to 2011, former race title sponsor Crown Royal named the race after the winner of an essay contest during Daytona Speedweeks. The winner of the first essay contest was Jim Stewart from Houma, Louisiana, with subsequent contests won by Dan Lowry of Columbiana, Ohio, and Russ Friedman of Huntington, New York, with the 2010 race being named for Army veteran Heath Calhoun of Clarksville, Tennessee. Since 2010 only military service members have been eligible to win the contest. Crown Royal moved the "Your Name Here" sponsorship to the Brickyard 400 beginning in 2012. For several years, the race was held as a Sunday afternoon event the weekend after the Daytona 500 in February. Lights were installed at the facility in 1991, but the spring race remained during the day. Consistent cold weather, and even a snow delay in 1989, prompted track officials to move t ...
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NASCAR Cup Series
The NASCAR Cup Series is the top racing series of the National Association for Stock Car Auto Racing (NASCAR). The series began in 1949 as the Strictly Stock Division, and from 1950 to 1970 it was known as the Grand National Division. In 1971, when the series began leasing its naming rights to the R. J. Reynolds Tobacco Company, it was referred to as the NASCAR Winston Cup Series (1971–2003). A similar deal was made with Nextel in 2003, and it became the NASCAR Nextel Cup Series (2004–2007). Sprint acquired Nextel in 2005, and in 2008 the series was renamed the NASCAR Sprint Cup Series (2008–2016). In December 2016, it was announced that Monster Energy would become the new title sponsor, and the series was renamed the Monster Energy NASCAR Cup Series (2017–2019). In 2019, NASCAR rejected Monster's offer to extend the current naming rights deal beyond the end of the season. NASCAR subsequently announced its move to a new tiered sponsorship model beginning with the 202 ...
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1988 NASCAR Winston Cup Series
The 1988 NASCAR Winston Cup Series was the 40th season of professional stock car racing in the United States and the 17th modern-era Cup series. The season began on February 7 at Daytona International Speedway and ended on November 20 at the Atlanta International Speedway. Bill Elliott of Melling Racing won the championship. The 1988 season was notable for hosting the first of two tire wars between Goodyear and Hoosier. 1988 was the first season without NASCAR legend Tim Richmond since 1980. 1988 NASCAR Winston Cup Series drivers Schedule Races Busch Clash The Busch Clash, an invitational event for all Busch Pole winners the previous season, was held February 7 at Daytona International Speedway. Geoff Bodine drew for the pole. Top ten results # 3 - Dale Earnhardt # 28 - Davey Allison # 12 - Bobby Allison # 5 - Geoff Bodine # 9 - Bill Elliott # 27 - Rusty Wallace # 25 - Ken Schrader # 97 - Morgan Shepherd # 11 - Terry Labonte # 33 - Harry Gant *Tim Richmond was el ...
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The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital subscribers. It also is a producer of popular podcasts such as '' The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national " newspaper of record". For print it is ranked 18th in the world by circulation and 3rd in the U.S. The paper is owned by the New York Times Company, which is publicly traded. It has been governed by the Sulzberger family since 1896, through a dual-class share structure after its shares became publicly traded. A. G. Sulzberger, the paper's publisher and the company's chairman, is the fifth generation of the family to head the pa ...
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Advance Digital
Advance Digital provides sales and content strategy, product development and technology to the Advance Local media group, part of Advance Publications. Advance Publications is an American media company owned by the descendants of Samuel Irving Newhouse, Sr. Advance Local operates 12 local news and information websites affiliated to more than 30 newspapers. Its headquarters are at 1 World Trade Center in New York, New York. Advance Digital's headquarters are located at the Harborside Financial Center in Jersey City, New Jersey. The unit's Advance Digital name was established December 16, 2011; its previous name was Advance Internet. Its president is Peter Weinberger. The president of Advance Local, established in 2010 and based in New York, is Randy Siegel. Advance Local web sites provide local information such as breaking news, local sports, travel destinations, weather, dining, bar guides and health and fitness. Web sites * al.com *cleveland.com * gulflive.com * lehighvalleyl ...
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James Goldsmith
Sir James Michael Goldsmith (26 February 1933 – 18 July 1997) was a French-British financier, tycoon''Billionaire: The Life and Times of Sir James Goldsmith'' by Ivan Fallon and politician who was a member of the Goldsmith family. His controversial business and finance career led to ongoing clashes with British media, frequently involving litigation or the threat of litigation. In 1994 he was elected to represent a French constituency as a Member of the European Parliament. He founded the short-lived Eurosceptic Referendum Party in the United Kingdom, which became an early campaigner for opposition to Britain's membership of the European Union. Early life Born in Paris, Goldsmith was the son of luxury hotel tycoon and former Conservative Member of Parliament (MP) Major Frank Goldsmith and his French wife Marcelle Mouiller, and younger brother of environmental campaigner Edward Goldsmith. Frank Goldsmith had previously changed the family name from the German ''Goldschmidt'' ...
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Takeover
In business, a takeover is the purchase of one company (the ''target'') by another (the ''acquirer'' or ''bidder''). In the UK, the term refers to the acquisition of a public company whose shares are listed on a stock exchange, in contrast to the acquisition of a private company. Management of the target company may or may not agree with a proposed takeover, and this has resulted in the following takeover classifications: friendly, hostile, reverse or back-flip. Financing a takeover often involves loans or bond issues which may include junk bonds as well as a simple cash offers. It can also include shares in the new company. Types Friendly A ''friendly takeover'' is an acquisition which is approved by the management of the target company. Before a bidder makes an offer for another company, it usually first informs the company's board of directors. In an ideal world, if the board feels that accepting the offer serves the shareholders better than rejecting it, it recommend ...
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NASCAR Xfinity Series
The NASCAR Xfinity Series (NXS) is a stock car racing series organized by NASCAR. It is promoted as NASCAR's second-tier circuit to the organization's top level Cup Series. NXS events are frequently held as a support race on the day prior to a Cup Series event scheduled for that weekend. The series was previously called the Budweiser Late Model Sportsman Series in 1982 and 1983, the NASCAR Busch Grand National Series from 1984 through 2002, the NASCAR Busch Series from 2003 through 2007, and the NASCAR Nationwide Series from 2008 through 2014. Since 2015, it is sponsored by Comcast via its consumer cable and wireless brand Xfinity. History The series emerged from NASCAR's Sportsman division, which had been formed in 1950 as NASCAR's short track race division. It was NASCAR's fourth series (after the Modified and Roadster series in 1948 and Strictly Stock Series in 1949). The sportsman cars were not current model cars and could be modified more, but not as much as Modifi ...
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Hoosier Racing Tire
Hoosier Racing Tire is an American tire manufacturer primarily specializing in the production of tires for competition use. Headquartered in Lakeville, Indiana, the company was founded in 1957. Hoosier employs nearly 500 people, and has provided tires for use in series sanctioned by IHRA, ARCA, CRA, NASCAR, IMCA, WISSOTA, SCCA, NASA, AIS, USAC and Lucas Oil Late Model Dirt Series. Hoosier makes tires aimed at both amateurs and professionals competing in a variety of disciplines including stock car racing, road racing, dirt track racing, drag racing, rallying, and more. The business was purchased by Continental AG on October 4 of 2016. The tire company was purchased for a total nearing 140 million dollars. Following the purchase, 27-year veteran John DeSalle was named president. Founders The company was founded in 1957 in Lakeville, Indiana Lakeville is a town south of South Bend in Union Township, St. Joseph County, in the U.S. state of Indiana. The population was 786 a ...
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Dover International Speedway
Dover Motor Speedway (formerly Dover Downs International Speedway and later Dover International Speedway) is a race track in Dover, Delaware. The track has hosted at least one NASCAR Cup Series race each year since 1969, including two per year from 1971 to 2020. In addition to NASCAR, the track also hosted USAC and the Indy Racing League. The track features one layout, a concrete oval, with 24° banking in the turns and 9° banking on the straights. The speedway is owned and operated by Speedway Motorsports. The track, nicknamed "The Monster Mile", was built in 1969 by Melvin Joseph of Melvin L. Joseph Construction Company, Inc., with an asphalt surface, but was replaced with concrete in 1995. Six years later in 2001, the track's capacity increased to 135,000 seats, giving the track the largest seating capacity of any sports venue in the mid-Atlantic region. In 2002, the name changed to Dover International Speedway from Dover Downs International Speedway after Dover Downs Ga ...
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