Latest / Kenny Wallace Media / FOX Sports Buys Part Of IndyCar & My Official Take On The NASCAR Points System | Coffee With Kenny

Transcript

FOX Sports Buys Part Of IndyCar & My Official Take On The NASCAR Points System | Coffee With Kenny · Kenny Wallace Media

• 0:01
  Happy Thursday morning, everybody.
• 0:06
  Myself and Kim right there say hi, baby.
• 0:13
  We have our motorcycle gear on. We got our Gators on our rain
• 0:20
  gear basically just to keep us warm.
• 0:26
  It's cold this morning, Chilly. You get on that, you get on that
• 0:29
  trike and it'd be a little cold. Plus we might run into a little
• 0:33
  rain as we head into a Missouri, you know, get a little S down,
• 0:38
  go down through Springfield, IL, Rockford, IL.
• 0:42
  You never know. Better safe than sorry.
• 0:45
  That's what Uncle Rusty always says, Herman.
• 0:49
  Better safe than sorry. So we can always take our layers
• 0:54
  off. Hard to put them on.
• 0:56
  All right, so today's a big day. Breaking news in the garage
• 1:03
  area, and I think this is great news.
• 1:10
  Fox Sports has purchased Penske Entertainment and let me explain
• 1:20
  what that means. Basically, Fox Sports has bought
• 1:24
  like 1/3 of IndyCar, ensuring that it will always be on TV.
• 1:32
  So what that means now is Rodger Penske sold basically $135
• 1:40
  million worth of IndyCar. Now, this is something that we
• 1:48
  really can't put a price tag on. Rodger Penske did it.
• 1:52
  So in other words, what I'm saying is you and I are going,
• 1:54
  well, how'd they come up with that?
• 1:56
  Well, we don't know that Rodger Penske did.
• 2:00
  So Adam Stern reports. Adam Stern is the reporter, and
• 2:05
  everybody has caught up on it. Now they're reporting because
• 2:09
  Fox Sports PR announced it. And so Adam Stern and all the
• 2:14
  media caught up. It's all over now.
• 2:16
  Everybody knows about it. So this is this is a big deal.
• 2:20
  I haven't seen this happen in a long time.
• 2:22
  You know, when you look at Formula One, Formula One is, is
• 2:27
  owned by Liberty Media. And if you remember last last
• 2:31
  week I said maybe a media company, maybe a media company
• 2:37
  needs to buy NASCAR. And here I say it.
• 2:40
  And look what happens the very next week.
• 2:43
  FOX buys 1/3 of IndyCar entertainment, 135 million.
• 2:51
  Now they're they're saying 125 to 135 million.
• 2:56
  The bottom line is this, Fox TV owns part of IndyCar now.
• 3:02
  That's what we all need to know. Fox TV now owns a part of
• 3:09
  IndyCar. So you know what that means?
• 3:13
  That means FOX TV has an invested in, they have invested
• 3:18
  and now they going to, they're going to pull all the
• 3:21
  mechanisms, all the levers to make IndyCar better, bigger and
• 3:25
  better. Now that my friend, that's why
• 3:29
  Rodger Penske is so good. He is a genius and he has
• 3:36
  everything he touches. Pretty much turns the goal
• 3:38
  because he's a businessman and and let's face it, what is
• 3:42
  IndyCar worth without? Here's the key.
• 3:46
  What is IndyCar worth without the Indianapolis 500?
• 3:52
  You could argue that just $135 million for the Indy 500 is well
• 4:02
  worth it. I've always said in a very
• 4:04
  polite way that when you leave the Indy 500, do you pay any
• 4:10
  attention to the IndyCar races? Now, we all know that we're all
• 4:15
  big fans of IndyCar. We're not competing.
• 4:19
  We all love IndyCar because Indycar's like the little
• 4:22
  brother. They're down here with 500,000
• 4:26
  views. Sometimes.
• 4:28
  IndyCar was a show at Iowa. We all know that Iowa was a bad
• 4:34
  deal. I'm assuming when Rodger Penske
• 4:36
  said Oh no, I'm assuming Rodger Penske in his mind said Oh no
• 4:41
  when he saw Iowa because Iowa there was nobody in the
• 4:45
  grandstands. They said 6007 thousand in the
• 4:49
  grandstands at Iowa for the IndyCar race and the TV
• 4:54
  viewership was down because they felt like it wasn't advertised.
• 4:57
  That told Rodger that IndyCar is still vulnerable, meaning that
• 5:02
  it's still not where it needs to be in excitement.
• 5:07
  And you know, people can forget about IndyCar.
• 5:10
  That can happen. So by Rodger, Penske selling,
• 5:15
  part of Penske Entertainment, which Rodger runs IndyCar,
• 5:21
  that's hard to believe, ain't it?
• 5:22
  But the guy that races in IndyCar, he owns IndyCar.
• 5:25
  So this once again, Rodger selling, you know, 100 and 2500
• 5:32
  and $35 million worth of IndyCar that ensures TV, that ensures
• 5:38
  one of the biggest networks in America, Fox Sports will now
• 5:41
  keep IndyCar out and about. It will not fail.
• 5:45
  It will not fail because Fox Sports is going to make sure
• 5:49
  it's going to be bigger and better.
• 5:51
  All right, I hope I explained that to you, Kim.
• 5:53
  What do you think of that move by Rodger?
• 5:55
  I'm. Sorry I got up.
• 5:58
  I didn't hear you, but. She don't give a flying.
• 6:03
  Sorry. Yeah, now if you want to go down
• 6:05
  to the casino and pull some slots, she's all in for that.
• 6:11
  I won last. Night how you did go up.
• 6:14
  We won't talk about what she won, but she she did win, didn't
• 6:17
  you? I did a little bit.
• 6:21
  OK, well, excited about that. All right, let's finish it off
• 6:25
  like this. So we know that we have been
• 6:32
  talking about changing the point system for the NASCAR Cup
• 6:39
  Series. I will say this, I saw something
• 6:46
  interesting yesterday and it was NBCNBC said we will continue to
• 6:55
  produce the NASCAR races while NASCAR sorts their vision out.
• 7:03
  I almost went that's NB CS way of saying, oh, we really don't
• 7:11
  have nothing to do with the point system, but they do.
• 7:17
  We all know insiders at NASCAR tell me that it's, you know, all
• 7:21
  the TV networks, they're the ones that sit down with NASCAR.
• 7:24
  Even Mark Martin told you. Even Mark Martin told you that
• 7:27
  ATV is the one that has the vision for this point system.
• 7:31
  So we're going to see what happens.
• 7:35
  I'm going to take a guess right here.
• 7:37
  I'm going to guess that they're going to still keep a playoff
• 7:40
  format. I don't think we go back to the
• 7:43
  old format, but I think we're going to, we're going to, we
• 7:47
  might see a change. We might not.
• 7:49
  We might not, you know, for next year for 2026, but we will see.
• 7:57
  We will see. I I'm betting here's what I'm
• 7:59
  betting. I'm betting they go most of the
• 8:02
  year and then they start whittling it down.
• 8:07
  You know, I think we're going to get back more and maybe maybe
• 8:09
  more towards the chase for the championship.
• 8:12
  Remember the old chase Chase for the Championship.
• 8:15
  But, but as far as far as just points, the rest of your hey,
• 8:18
  listen, if they do, I, I, I don't care.
• 8:23
  I don't care at all. My big argument with you is you
• 8:26
  guys just are exhausted and you you exaggerate everything.
• 8:30
  And I've always told you, I don't give AI don't care what
• 8:33
  kind of points system they come up with.
• 8:36
  I don't just never have. But I did tell you, if you
• 8:39
  remember a week ago, I said, I'll meet you halfway.
• 8:42
  I like what Dale Junior said. Four races, 4 drivers.
• 8:47
  That way we get a bigger sample size that way.
• 8:50
  That way one pit stop does not decide who the championship is.
• 8:55
  Right now the problem I got with one race, 1 champion, a pit
• 8:59
  stop, anything, anything and you know anything can determine who
• 9:04
  the champion is. I don't I've never liked that.
• 9:07
  Go back through all my videos, I've never I've never liked one
• 9:10
  race, 1 champion, 4 races, 4 drivers.
• 9:15
  Now that is almost like what Mark would like 4 races, 4
• 9:21
  drives. Now I'm not saying Mark will
• 9:22
  like that, you know, I'm just saying that that is that is a
• 9:26
  that's four races that you can determine a champion right
• 9:30
  there. All right everybody, we're going
• 9:32
  to head on head on down to Saint Louis this morning.
• 9:36
  See y'all at Tri-City Speedway, Granite City, IL tomorrow on
• 9:40
  Friday. Saturday is Highland Speedway,
• 9:44
  Highland Superspeedway. It's a little bitty track.
• 9:48
  We always joke about it. And then Sunday at Quincy.
• 9:52
  All right, have a great Thursday.