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Friday, 24 November 2023                                                                                             SPORTS                17




                                              NASCAR Explores Streaming Future:

        Plans to Offer 10 Cup Series Races




                 on Streaming Services in 2025

























































       AS NASCAR gears up for its new television contract in 2025,                lenges. NASCAR teams heavily rely on sponsorship revenue,

       reports suggest a significant shift in the accessibility of the            and sponsors typically prioritize exposure to a broad audi-
       NASCAR Cup Series, with up to 10 midseason races poten-                    ence. The potential decline in viewership for races exclusive
       tially available exclusively via streaming services. The deci-             to streaming services may raise concerns among sponsors,
       sion is part of NASCAR’s strategy to adapt to the evolving                 impacting the overall financial viability of these events.

       media landscape and attract new bidders.
                                                                                  NASCAR acknowledges the industry-wide trend of offering
       Initially  planning to  sell  a six-race  midseason  package,              select games on streaming platforms, following the exam-
       NASCAR  expanded  the  offering  to  10  races  in  hopes  of              ples set by leagues like the NFL and MLB. However, the shift

       enticing more potential partners. These midseason races                    to streaming poses unique challenges  for NASCAR, given
       would occur  after  Fox’s season  segment  and before  NBC                 its fan demographic, which skews older compared to other
       takes over, leaving Fox and NBC with reduced inventory                     sports. The age-related tech divide raises questions about
       compared to their current deals.                                           whether older fans will readily adopt streaming services to

                                                                                  watch NASCAR races during the summer months.
       Amazon and Turner are identified as frontrunners to secure
       the  midseason package, with the  possibility of each plat-                The streaming initiative comes at a crucial time for NASCAR
       form acquiring five races. However, NASCAR is reportedly                   as it seeks to address declining viewership over the past

       optimistic that one of these media companies might commit                  seven  years.  The  2023  season  finale  at  Phoenix  marked
       to the entire 10-race package.                                             a  significant  drop  in  viewership  compared  to  the  2016
                                                                                  finale,  highlighting  the  ongoing  challenges  NASCAR  faces
       Despite Fox and NBC agreeing to continue their partnership                 in adapting to changing viewer habits while balancing the

       with NASCAR, the move towards streaming presents chal-                     financial interests of teams and sponsors.
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