Nextel-NASCAR Could Rev Spending - Multichannel

Nextel-NASCAR Could Rev Spending

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New York -- Turner Sports and FX officials must pull over for a pit stop to
figure out how Nextel Communications - the newly announced NASCAR title sponsor
- will figure into their coverage and advertising inventory, starting in
2004.

That's when the National Association for Stock Car Auto Racing's 36 premier
Winston Cup races will become the NASCAR Nextel Cup Series, under a 10-year
title-sponsorship deal disclosed last Thursday.

Sources place the value of the sponsorship at some $70 million annually, with
$30 million earmarked for media spending.

Turner Sports president David Levy declined to comment on whether Nextel's
deal would tighten Turner Network Television inventory considerably - Winston, a
cigarette brand, couldn't buy commercials.

A Fox Sports Networks spokesman said: "Nextel indicated a desire to be
involved with many of NASCAR's various constituents. Fox and FX are extremely
confident that Nextel will consider a strong presence in our broadcasts an
essential component of its overall NASCAR strategy."

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