Denny Hamlin on NASCAR TV money distribution
Yesterday morning, Denny Hamlin issued statements on NASCAR money distribution. Later, he reiterated those comments, with a bit more detail.
Listen to the latest interview below.
Should drivers pay be cut due to the business model of the sport?
“I think when you compare TV money, relative to sports, NASCAR drivers are on the lowest totem poles,” Denny Hamlin told Claire B Lang via Sirius XM NASCAR Radio.
“I think maybe the PGA guys might be slightly lower, based off a percentage of TV money. But, I’m not going to put us drivers on our own little island there. I think everyone in the sport should be payed more.”
“Crew members, I mean, those guys are working their tails off. And working tireless hours. NASCAR cut a bunch of officials out, which makes even more work for the crew guys.”
No team can survive off purse money
“I would just like to see more money reinvested in the teams. The teams should be able to survive off of purse money. And right now, that is not feasible. No team can survive off purse money, it’s literally a drop in the bucket.”
NASCAR TV Money Distribution
Where should that added money to the teams come from?
“I think it’s a combination of tracks and NASCAR. And teams have to get back together and readjust the pie.”
“The teams need to be able to pick who they want to drive their car. Not, because of a financial decision. They need to pick the best talent out there, not which driver brings the most money.”
And you don’t think NASCAR drivers are paid enough? Across the board?
There’s a top tier that are paid well.
“No. There’s a top tier that are paid well. But, you start getting outside the top 10. I mean, those guys are risking life each and every weekend. And they’re on the road just like everyone else is.”
“I’d like to the see the bottom feeders and the middle guys, those are the guys I’d like to see, get a bump in what they do. Listen, they’re risking just as much as the top tier guys.”
“I understand your superstars gotta get paid. But, in my opinion, more money across the board for the race teams. Then, they can distribute that money to the drivers.”