Sale of NASCAR Merchandise Soars Along With the Sports Growth

From it's humble roots in the South, NASCAR racingRace fans seem to have a huge appetite for
has grown to almost unbelievable popularity acrossmerchandise that shows support for their favorite
the entire nation in recent years. From the first racesdriver, whether it is by wearing NASCAR apparel,
run in 1948 to the current NEXTEL Cup and Buschbuying accessories for their car or truck, or even
series, NASCAR has become arguably the numberdecorating their home. NASCAR wall clocks, desk
one spectator sport in America, boasting 75 millionclocks, even throw blankets, sheets and wall
loyal fans. And, interestingly, 40% of those aretapestries are showing up in homes everywhere.
women and 53% work in white-collar or skilled laborWithin this huge market, strong sub markets appear.
jobs. The numbers continue to be impressive; annualNASCAR collectibles have become big just by
attendance at races is over 7 million and upwards ofthemselves. A variety of items from plaques and
275 million Americans watch on television.autographed pictures to diecast cars are snatched
Those who follow the circuit attribute several factorsup, partly due to popularity, but also in hopes of
to its' success. One of those is a formula that noappreciation in value for the collectibles market.
other spectator sport matches. Week in and weekWhile the NASCAR diecast part of the market has
out, the best teams (drivers) are competing head tosoftened recently, it is still respectable in strength. As
head against each other. Unlike, for instance the NFL,drivers change their paint schemes, it allows
where you may have to wait weeks for that bigmanufacturers to expand the products several times
matchup, you can watch number 1 versus number 2over in this niche and that helps keep sales moving.
every week. It's almost like having the Super Bowl ofApparel such as NASCAR jackets, jerseys, t-shirts,
this sport every week.etc appear to be growing in popularity as
Years of tradition and a grass roots beginning aremanufacturers roll out expanded products and are
also given credit for the sport's popularity. The originseven including more high end items like leather
of the sport in the "bootlegging" days and the humblejackets and specialty items like jewelry. The true
background of many of it's initial stars seems to befanatic can even outfit the entire family with recent
attractive to fans in this day of the spoiled,introductions of complete NASCAR kids clothing and
pampered, arrogant professional athlete.youth lines.
All of this has led to big business. From televisionWhere will it all end? I don't believe we know, but
revenues to licensed merchandise sales, NASCAR iswhen I see corporate secretaries wearing NASCAR
big business today. NASCAR merchandise sales nowhats and white collar managers wearing NASCAR
have exploded to exceed $ 2 billion annually and theshirts with pictures of "Junior" plastered on them, I
markets continue to remain strong.question if there is a limit to this market.