The government of Illinois has channeled nearly $ 7 million in Nascar since 2022: report
The state of Illinois, according to a report by Capitol News, the Illinois, spent nearly $ 7 million in sponsorship to accommodate a Nascar Metro East Race and built a temporary race track for the annual race of Chicago, which made its debut in 2023. But it was only the tip of the iceberg. Expenditure is part of a larger state tourism campaign that started in 2022.
In particular, the street race of Chicago will not return next year. According to reports, the Street Course event is replaced by the Andundil 250 in San Diego in Naval Base Coronado on June 21, 2026. However, state exercise still has several million dollars for Nascar, in addition to $ 5 million from unused subsidies.
Thus, the eliminatory race of the coming weekend at the World Wide Technology Raceway in Madison, Illinois, will be sponsored by the State. Scheduled for Sunday, September 7, the 240 rpm event marks the second race in the 10 races segment.
“The event generates a significant economic impact thanks to the expenses of participants in hotels, restaurants, retail and other local businesses,” said Jordan Troy, spokesperson for the Ministry of Trade and Economic Opportunities, in a press release.
“With the race which is now part of the Nascar Cup Series qualifiers, the national exhibition has increased even more in turn by amplifying the visibility of our brand to attract new visitors to explore everything that Illinois has to offer.”
That said, the State will not publish its funds until Nascar submits a budget. But according to the DCEO contract with Take advantage of IllinoisNascar has the possibility of extending its sponsorship for the event until 2026.
“The pleasure of Illinois 300 has sold each year since its return to 2022 and generated $ 60 million in economic activity for the Metro East region, according to Deco. Last year, 2.5 million people watched the race for television,” said an official report.
Fans can watch the race in the United States, at 3 p.m., or listen to exclusive radio coverage on MRN radio and Siriusxm Nascar.
The Nascar teams refused the status of the charter following the last court decision
The judge of the American district court, Kenneth D. Bell, made an order this Wednesday, September 3, which denies 23xi Racing and First row car sports To compete as a chartered NASCAR teams for the rest of the 2025 season. This means that the teams will receive much less money than the approved teams.
However, the six teams of 23xi Racing and Front Row Motorsport are unlikely to miss a race in the playoffs due to a recent change of rules that took place at the end of July.
“What will happen for the 2026 racing season will remain unstable for all the people involved in the NASCAR CUP series to the trial,” wrote Bell as an official verdict. “Consequently, there is no irreparable damage with regard to the loss of” charter rights “for the rest of the 2025 Cup series.”
Nascar replied by declaring that the procedure in court will not affect the remaining races leading to the 4 championship in Phoenix on November 2. For the moment, all eyes are on the world of raceway of world technology, which is located in Madison just opposite the Saint-Louis river.
Edited by Pratham K Sharma
2025-09-04 07:17:00