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<title>Luxist - Comments for The Economy Of Sports</title>
<link>http://www.luxist.com/2008/10/20/the-economy-of-sports/</link>
<description>Luxist Comments for The Economy Of Sports</description>
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<generator>Blogsmith http://www.blogsmith.com/</generator><item><title><![CDATA[Comments on The Economy Of Sports]]></title><link>http://www.luxist.com/2008/10/20/the-economy-of-sports/</link><guid isPermaLink="true">http://www.luxist.com/2008/10/20/the-economy-of-sports/</guid><description><![CDATA[Many of the motorsports-related issues you're describing are largely unrelated to the current economy. It is tremendously expensive to host an F1 race and the numbers really don't work for anyone. The new F1 facilities around the world are government-owned for a reason. NASCAR and their many spinoffs have been in decline for awhile now. There is a lot of controversy in the world of Indy, and while the sponsorship situation is being affected, Indy in particular is a bad example because there is a lot more going on there than just economic impact. Some series, such as the various drag racing Nationals and the American Le Mans road racing series, are still posting record-setting crowds each and every weekend. Historically gas prices and a weak auto sector is more damaging to motorsports, but the business has weathered those downturns pretty well on this cycle (and now oil is headed down again).]]></description><dc:creator><![CDATA[Racetrack_Owner]]></dc:creator><pubDate>Oct 20th 2008 5:37PM</pubDate></item></channel></rss>