LOL...
Add to this that TOYOTA has signed on for the 2007 season,and you have a winning deal!
That's right, there is now a forigen company racing in NASCAR under a forigen name- we all know that DB has been doing it for years and calling themselves Mopar, but now someone is brave enough to do it for real.
http://www.msnbc.msn.com/id/11010003/
By Roland Jones
Business editor
MSNBC
Updated: 5:48 p.m. CT Jan 26, 2006
In the fierce struggle to win over the hearts and minds of American automobile consumers, Toyota is preparing to do battle in the nation’s heartland.
This week, Toyota announced it plans to become the first foreign manufacturer since the 1950s to supply cars for NASCAR’s top series, entering a Camry — the nation’s best-selling car — in the NASCAR Nextel Cup and Busch series in 2007.
The move has predictably stirred up some debate among racing enthusiasts and evoked some red, white and blue patriotism. But jingoism aside, analysts say Toyota’s racing strategy rally comes down to consumer demographics, and it has the potential to drive large dividends to the Japanese automaker.
“This is all about getting Toyota out there in front of the NASCAR fan, and that fan tends to be more of a blue-collar consumer,” said Bruce Harrison, senior automotive consultant at the consultancy Global Insight. “And if these people start to embrace Toyota, it’s going to spell big trouble for General Motors and Ford.”
A road trip through the middle of America shows that, as a general rule, blue-collar workers, who mainly live in the center of the country, tend to be loyal to the so-called Big Three — GM, Ford and Chrysler — and buy American cars. Meanwhile, on the coasts — where some the politically Democratic, or “blue” states are found — consumers tend to buy more foreign-made cars: BMWs, Toyotas and Hondas.
The trend presents a problem for manufacturers like Toyota, which only sees about 15 percent of its sales in the U.S. Midwest. “American” automakers, like GM and Ford, on the other hand, while they tend to have a loyal following in the center of the country, where may of their assembly plants are located, are struggling to increase their sales in coastal regions of the country.
In an effort to erode Detroit’s supremacy in the American heartland, Toyota has formulated what its executives have called a “Heartland Strategy,” which includes its entry of a Toyota Camry the top Nextel and Busch NASCAR race series next year and a recent marketing partnership with the National Basketball Association.
Toyota follows its Detroit counterparts in hitching its sales wagon to NASCAR, one of the nation’s most popular and fast-growing sports. Toyota began competing in NASCAR in the 2000 Goody’s Dash Series and for the past two years has raced in the NASCAR Craftsman Truck Series with its Tundra pickup. But the involvement in NASCAR’s top races, with its strong corporate sponsorship where for years U.S. automakers would “win on Sunday and sell on Monday,” presents a big opportunity for the firm.
NASCAR estimates it has some 75 million fans who purchase over $2 billion in annual licensed product sales. They are among the most brand-loyal, with an estimated 72 percent opting to buy the products sponsoring their favorite drivers according to NASCAR.
“These events draw 200,000 people and they are incredibly loyal,” said Rebecca Lindland, an automotive analyst at consultancy Global Insight.
“If the car you’re following is sponsored by Tide, you’ll only buy Tide — it’s just the NASCAR way. This is a driver-driven sport, and so if Michael Waltrip is driving a Toyota car you’re going to support Toyota, and it’s going to bring a lot of people into a Toyota dealership that don’t normally go in there,” Lindland said.
Toyota will start its NASCAR racing with three teams and six cars — the established two-car team owned by Bill Davis, the team owned by two-time Daytona 500 winner Michael Waltrip, which is moving up from Busch, and the all-new Team Red Bull.
Global Insight’s Bruce Harrison expects a deal between Toyota and Lowe's Motor Speedway, the North Carolina race track that is considered the home of NASCAR racing, and Speedway Motorsports, a race track management company, to yield many promotional opportunities for Toyota.
“What Toyota has done here is not only get NASCAR’s approval, they also have leverage where these events take place,” said Harrison. “NASCAR supporters tend to go to a race track and spend a lot of time there, so Toyota can display trucks and really engage the blue collar crowd.
Topic: NASCAR on the verge of becoming the dominant form of auto racing... (Read 1823 times)