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 NASCAR to announce television package

GNEXTINC.com - Dec. 2005

NASCAR could announce Thursday in New York City, the new 2007 television package to include, ESPN/ABC, TNT and FOX.  The deal is reportedly worth $550 million annually for eight years and $4.5 billion total.

 All separate deals, which include a $270 million annual deal between ESPN/ABC to telecast 17 NEXTEL races, all Busch series races and majority on Disney's ESPN 2 network, and all 10 Chase races on ABC.  Turner's TNT will pay $80 million per year, to air 6 NEXTEL Cup races in June and July receiving 3 races from both FOX and previous package between NBC/TNT.

 Fox will maintain there current rights fee of $200 million, minus the Busch races, and only 13 NEXTEL Cup races. Although, Fox is expected to receive exclusive Daytona 500 rights, which previously alternated between current package holders Fox/NBC.

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