Current Video:Horrow: Auto Racing Business Update|
Rick Horrow has the latest news from the track.
Automatically Generated Transcript (may not be 100% accurate)
-- fox sports news analyst Rick -- talking auto racing heading into the Daytona 500. This Super Bowl -- takes off the 2013. Season on Sunday. In this season begins with sponsorship issues. Decision describe this sponsorship in July stayed year tenure as NASCAR officials should be products. In addition to the PG -- that is also lost deals with DirecTV Office Depot instead of like coaches since last year. But the bottom line is the economy is improving. And so was it business of auto racing a couple of areas. First of all track lies -- motor speedway speeds and -- -- up -- -- million dollars a track improvements. -- officials want to create a motor sports investments district in order collected various taxes generated around the speedway. The taxes to raise an estimated five million dollars annually for the project. And also -- NH RA of 2012 so revenues increasing for the first time in four years. It's posted its first profits since 2008. -- -- financial performance was attributed to a new race -- -- -- increased -- -- and renewed sponsorship deals for fox sports I'm Rick are.