I applaud Jeff's innovative idea for trying to remain in the business. However, there are a few issues I see, some he can control and others he cannot. First, let's talk expenses. He's now in Albuquerque, N.M. My average expense report for a race weekend from a major hub, Atlanta, ran somewhere around $1,250 for flight, car rental, hotel and food for races to which I couldn't drive. From here, I'm within a day's drive of everywhere from Daytona to Richmond, or pretty close to half of the schedule.
Gluck can get to Phoenix and perhaps Texas without flying. So you're talking about expenses of $50,000 minimum per season before you even start to think about putting anything in your own pocket, even with frequent flier miles and hotel points.
If I'm a potential reader/purchaser, how is he going to offer a unique "insider's report" that someone will pay for AND RENEW when he's 2,000 miles from where the stories are happening -- back in the team shops in the greater Charlotte area? You'd have to be pretty damn connected. Maybe Jeff is, but there are a lot of other folks still pounding the same beat, but they're right where the action's happening. Bob Pockrass, Lee Spencer, Brant James, etc. can bang on doors and ask questions and attend news conferences in person. There aren't the numbers there used to be in the media center, but the people still hanging on aren't going to want to lose customers to you.
And perhaps the biggest issue: the audience that gives a damn about your niche sport is rapidly shrinking. NASCAR's issues have been discussed in detail in other threads, but the sport's decline shows no signs of slowing, even as the front office continues to meddle with the product. Sponsorship is drying up for even the biggest teams. The latest NASCAR TV ratings show another double-digit decrease in viewership. There's no Gordon, no Stewart, nobody to move the needle. Nobody gives a damn about Kyle Larson or Daniel Suarez.
So your costs are going up while your potential revenue is drying up. I'm not saying you can't find that one person willing to foot the bill because they desperately want to read everything you write, but the chances of finding said cash cow is like trying to put an NFL team in Las Vegas. Or something like that.
You're going to be busting your butt with odds decidedly against you. But obviously some niches are working. I just don't think NASCAR commands that kind of audience any more.