Report: NASCAR asking for $12-15 million for sponsorship of current N’Wide Series

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With Nationwide Insurance ending its sponsorship of NASCAR’s No. 2 national series following the 2014 season, the sanctioning body is hunting for a new backer that can kick in $12-$15 million for title sponsorship of the category.

Additionally, the Sports Business Journal reports that NASCAR is also telling potential prospects that they also expect a 10-year deal that includes a media commitment of more than $10 million as well as an activation commitment of more than $10 million. Altogether, that puts the annual price tag at more than $30 million.

Post-2014, Nationwide will focus its NASCAR efforts on Sprint Cup while maintaining its status as the series’ official insurance company through 2017. The company sponsored Ricky Stenhouse Jr. in several Cup events this past season.

Per the SBJ, NASCAR plans to approach companies that were in the mix for the NNS’ title sponsorship when it was last available in 2007. Among that group was Subway (a prominent sponsor of Cup driver Carl Edwards and Roush Fenway Racing’s No. 99 team), which was on the verge of striking a deal for the sponsorship but then decided to back out.

The new sponsor’s debut in 2015 would also coincide with a new TV deal that features the NBC Sports Group. The Group will carry the final 19 NNS races of the season, with 15 of those races on NBCSN and the remaining four on NBC.

Busch’s historic Indy chase includes hope for 500-600 double

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INDIANAPOLIS (AP) Indianapolis is quickly becoming Kyle Busch’s favorite racing venue.

Ten years ago, he met his future wife, Samantha, at the 2.5-mile oval.

Last year, he pulled off a rare sweep by winning both poles and both races on Brickyard 400 weekend. It’s the last time Busch celebrated a Cup win and now that he’s back at the historic 2.5-mile oval, he doesn’t want to wait until next September to make a return trip. He’d like to add a May stop to his already full 2018 schedule ad attempt the fabled double bill of the Indianapolis 500 and Coca-Cola 600.

“I had it (a deal) done last year, sold it and everything,” Busch said when asked about competing in the Indy 500. “I had a boss that said no.”

Busch, the 2015 Cup champion and two-time defending Brickyard champ, hasn’t given up on his dream; he’s just putting it on hold temporarily this weekend as he chases history and tries to end a 12-month victory drought.

He couldn’t have picked a better place to come. Over the past two years, Busch has been the most dominant stock-car driver at Indy.

The two-time defending Brickyard champion has led 168 of the last 189 laps here, including a record 149 out of 170 last year when he won from the pole. He also won the 2015 and 2016 Xfinity Series races from the pole, giving him four consecutive wins at Indianapolis.

When the track opened for Xfinity practice Friday, Busch’s car was near the top again – even with restrictor-plate motors.

Busch still had the third-fastest car in the first two practice sessions, turning a fast lap of 166.162 mph as overcast skies cooled the track. The Xfinity qualifications and race will be held Saturday, the same day Busch and the other Cup drivers also will take their first laps.

Even as Busch talks about winning an unprecedented third straight Brickyard, the thrill of taking a shot in IndyCar’s marquee race – and trying the 1,100-mile Memorial Day weekend double – remains a major attraction for the 32-year-old driver.

“I thought I had a great opportunity to do it (in May), but I’m kind of glad it didn’t come together because (Fernando) Alonso kind of stole the headlines the last time it was done,” Busch said. “It would be fun. It would be a unique opportunity. The thing that scares my boss is that I’ve never driven those cars.”

If he goes for it, Busch would start the day in Indianapolis for the 500 then fly to Charlotte, North Carolina, for the 600-mile Cup race. His brother, Kurt Busch, tried that in 2014 and finished sixth at the Indy 500 before a blown engine knocked him out of the NASCAR nightcap.

It would be the first time brothers have attempted the marathon.

Alonso had never driven an IndyCar or even on an oval before May. Yet the two-time Formula One champ spent most of May’s race in contention before a blown engine knocked him out with 20 laps to go.

Busch thinks his experience – and success – at the Brickyard would make him just as competitive.

In 12 Indy starts, Busch has 10 top-10 finishes. He is one of four Cup drivers with at least two Brickyard titles and last year joined seven-time Cup champ Jimmie Johnson as the only back-to-back race winners. Johnson won in 2008 and 2009.

Somehow Busch has fought through the sweltering mid-summer temperatures and found the secret to winning on this narrow, low-banked oval where passing is tough.

Busch’s success puts him in rare company.

The only driver in track history to win four straight races at Indy is Michael Schumacher, the former Formula One superstar who won each U.S. Grand Prix from 2003-06 on the speedway’s road course. Nobody else has captured three consecutive major race titles at Indy, and if Busch extends his winning streak to five on Saturday, it would break Schumacher’s record.

A win Sunday would also give Toyota its 100th Cup victory, assure Busch of a spot in NASCAR’s playoff and give Joe Gibbs Racing its second win in two weeks after starting the season 0 for 17.

“It’s pretty cool to come in here and have a chance to go for three in a row,” Busch said. “But it’s frustrating that it’s been 365 days since we’ve won one of these things.”

And he would rather not have to wait even longer to give Indy a shot next season.

“I’m good,” he said when asked if he’d trade his Brickyard wins for an Indy 500 crown. “I’d just like to have a shot to go and earn it myself.”

Stroll: Baku F1 podium ‘proves I can be here’

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Lance Stroll is pleased to have answered his critics with his recent Formula 1 displays, believing his podium finish in the Azerbaijan Grand Prix proves he deserves his place on the grid.

Stroll, 18, stepped up to F1 from Formula 3 with Williams for 2017, aided by financial support from his billionaire father, Lawrence.

Stroll had a rough start to life in F1, failing to finish any of his first three races or score points until the seventh race of the year in Canada.

This kick-started a three-race run in the points for Stroll, the highlight being a charge to third place in Baku after rising through the order in a frenetic race.

Speaking to the official F1 website, Stroll said the timing of his points finish in Canada was of little consideration to him, having always had confidence in his own ability.

“If it comes earlier or later, you almost cannot influence it. But I knew that I was capable of doing results so I wasn’t panicking,” Stroll said.

“I knew that it was all a matter of time. But to really do it in Canada, that was great. A great day, the home race.

“It is much more about other things [than confidence]: me improving the way I drive or me working with the team. We have changed a lot on the car since Baku and that helped me a lot in my performance.”

The result saw Stroll become the second-youngest podium finisher in F1 history, only trailing Max Verstappen and sitting ahead of the likes of Fernando Alonso and Sebastian Vettel.

“It proves that I can be here!” Stroll said. “I did it with a Williams, not a Mercedes!”

Wehrlein not concerned that Sauber performances are overlooked

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Sauber Formula 1 driver Pascal Wehrlein has no concerns that his performances for the backmarker team are being overlooked as he bids to secure a seat further up the grid in the near future.

Wehrlein is part of Mercedes’ junior program, and was an option for the championship-winning marque for 2017 following Nico Rosberg’s shock retirement.

Mercedes eventually signed Valtteri Bottas from Williams, placing Wehrlein at Sauber after his 2016 team, Manor, folded during the off-season.

Wehrlein has led Sauber’s charge through 2017, taking eighth place at the Spanish Grand Prix despite racing in a car lacking upgrades and with a year-old engine.

While a career haul of just six points may seem paltry, Wehrlein is comforted by the fact he has lacked the car with which to fare much better.

“My target is to one day be in a team where I can win races, get on the podium regularly and fight for championships,” Wehrlein told the official F1 website.

“Right now I don’t have these tools to make it happen. The weekends where we score points are very, very special for us because we don’t have the car to finish in the top ten often, only if the stars are in the right place!

“And then we have to take the opportunity and bag the points. I am very happy that when the chance was there I was able to grab it. I want to be there when it counts.

“I think it gets noticed that I have scored points in cars that under normal circumstances don’t score points. I don’t worry about that.”

Bottas has flourished since joining Mercedes, taking two race wins and becoming an unexpected contender in the title race alongside teammate Lewis Hamilton and Ferrari’s Sebastian Vettel.

When asked if he was worried about Bottas’ success, Wehrlein said: “No, because I cannot influence such a decision.

“Worrying about things that you cannot influence is wasting your time and wasting your strength and efforts.

“Yes, Valtteri is doing a good job and he deserves it.”

Dixon hopes Rosenqvist gets IndyCar drive in the future

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Scott Dixon would like to see Felix Rosenqvist get a full-time Verizon IndyCar Series drive in the future after enjoying a successful second test with Chip Ganassi Racing at Mid-Ohio Sports Car Course earlier this week.

Rosenqvist, 25, raced briefly in Indy Lights – among a number of other series – at the start of 2016 before shifting his focus to DTM and Formula E, sitting third in latter’s standings heading into the final round of the season.

After a successful maiden test with Chip Ganassi Racing last summer, Rosenqvist was invited back to Mid-Ohio to conduct some running with four-time champion Dixon and offer the current IndyCar points leader some feedback.

The Swede put in another impressive display, much to Dixon’s delight, who would like to see Rosenqvist join the IndyCar grid in the future.

“Right now, I think he’s got a lot of options, whether it’s Formula E or racing in Japan or throughout Europe,” Dixon told the official Verizon IndyCar Series website.

“Hopefully he can make it to the IndyCar Series at some point.”

Rosenqvist’s current program sees him balance drives in both Formula E and the Japanese Super Formula series, as well as a variety of other ad-hoc appearances in events ranging from the 24 Hours of Le Mans to the Scandinavian Porsche Carrera Cup.

Dipping to Mid-Ohio between the Formula E rounds in New York and Montreal, Rosenqvist was happy with how the test went and the contribution he was able to make.

“I think we had a really good test last year where it was probably more easy to evaluate my performance because there were more cars on track and so on, and it went really well,” Rosenqvist said.

“This year they entrusted me to do the test with Scott to get the free test day that the team gets. I think it was probably more for the preparation of the Mid-Ohio race.

“What I wanted to do was to prepare physically to drive, which I think I was, and just give good data, good feedback and constant lap times. I think it worked really good.”