Initial Formation

Using the current NASCAR Peak Antifreeze Series as the legacy foundation.

A team and league structure will be formed, using an auction of 25 team franchises, made available to current NASCAR Cup Series Charter holders, and vetted Top-3 National Series drivers.

After an initial auction window, if all the franchises are not sold. They will be auctioned to vetted current Iracing account holders and prominent figures in the automotive and racing world not currently involved in NASCAR.

These 25 “owners” will be the main stakeholders in the series. After this is done, there will be a draft comprised of the current Top-50 drivers in the NASCAR Peak Antifreeze Series, using Iracing’s current participation eligibility protocol.

The 25 owners will in a system devised at a later date, draft their two drivers allowing 50 drivers for only 40 spots in each race.

Drivers will be allowed to be traded or turned into free agents at certain approved intervals. At times outside the intervals, a driver can only be changed with the unanimous approval of the 25 stakeholders.

Season One (S1) Structure

The current NASCAR Peak Antifreeze Series schedule will be used in season one, running concurrently with the NASCAR Cup Series schedule with 16 races. (Opportunity to shift this to the off-season in Season 2 or 3)

The format will be changed to a fixed setup (Meaning the setup of the cars is provided by the league) series. This setup will be developed by an unknown person or entity (to avoid hacking), who will be under contractual scrutiny to not provide it to anyone before the race.

The setup will be released to the drivers and teams upon entry of the race server on race night. There will be a 40-minute practice followed by a qualification round and then the race.

The top 40 drivers will make the race on speed (Allowing room for an idea later). Drivers who do not make the race will be awarded a minimum points value, to avoid having a missed race be the end of their season.

The number of races will be unchanged in season one.

Payouts and League Income

Season one (S1) there will be a minimum X dollar payout to teams and drivers who attempted every race. A cascading series of bonuses for the top-20 drivers and teams in the points standings.

S1 will have a maximum league salary for drivers (Stopping well-funded teams from obtaining an advantage) and eventually, in further seasons there will be a league minimum and maximum salary.

After operating and marketing expenses, league profits will be distributed evenly amongst the 25 stakeholders and the league.

Live Streaming and Social Media Reach

Current live streaming partner RaceSpot will be used in S1, but all stakeholders will be required to post the live stream link embed to their various social channels (Twitter, Facebook, Instagram).

NASCAR Peak Antifreeze Series

Why? The current NASCAR Peak Antifreeze Series on Iracing’s YouTube does not have the reach needed to obtain a following. For example the first race of the 2017 season at Daytona only garnered 17,000 viewers.

In the off-season for the real NASCAR Cup Series, Joe Gibbs Racing ran its own mini-league for fun with real life drivers on Iracing. With the live stream posted on their Facebook. It garnered over 105,000 views in race one of this league. (Joe Gibbs Racing has 229k followers)

Joe Gibbs Racing League

While the largest sim-racing competition in the world done by Formula One this year. Was posted on Formula Ones official YouTube and it garnered 675,000 viewers in a thrilling finale with a very positive response by fans

Formula 1 Esports

Effective proof that by combining the social media reach of NASCAR, its teams and drivers. With each of these entities having a vested interest in the growth of the league. There is a massive vertical for growth by using social media to boost the effective reach of the live streams.

Racespot will have a one year contract for S1. The league will investigate and market the series to potential live stream entities and legacy broadcasters to increase the potential reach and amount of live stream partners.