LOUDON, N.H. --- NASCAR president Mike Helton met with reporters in the garage area at New Hampshire Motor Speedway Friday morning and issued the sanctioning body’s first statement on the recent formation of Race Team Alliance -- an economic consortium among the sport’s nine most powerful teams – saying it posed no threat whatsoever to NASCAR’s governance of the sport.
“First of all, we’ve got great respect for all of our stakeholders in this sport,’’ Helton said. “As their business models have evolved from time to time, ours has too. But we’ve got great respect for all of our stakeholders.
“So any perception that there could be animosity based on this topic is incorrect and very unfortunate. We should set that straight, very quickly.’’
Monday, the sport was stunned by the news Hendrick Motorsports, Joe Gibbs Racing, Penske Racing, Michael Waltrip Racing, Roush Fenway Racing, Stewart-Haas Racing, Chip Ganassi Racing, Richard Childress Racing and Richard Petty Motorsports had agreed to pool resources to form the RTA in an attempt to formulate a more efficient business model for the ownership group.
While the timing of the announcement came as NASCAR was preparing to enter into a new 10-year, $8.2 billion TV contract next year, Helton said the sanctioning body did not view the RTA’s formation as a thinly-veiled revolt against NASCAR’s “benevolent dictatorship.’’
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