DoverDover’s two Nextel Cup races cost the track more than $11 million in sanction fees in 2007, according to its annual report.

The June race’s sanction fee (including Dover’s contribution to the purse) is $5,914,346 and the September purse contribution and sanction fee is $5,293,075.

Dover Motorsports operates four speedways - Dover International Speedway, Gateway International Raceway, Memphis Motorsports Park and Nashville Superspeedway.

Dover reported an overall loss of $35.345 million last year. It’s after-tax adjusted earnings for last year were $5.7 million, the same as for 2005.

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10 Responses to “Dover loses money while paying $11 million in sanction fees to NASCAR”  

  1. 1 Axel Foley

    wow. sucks to be them.

  2. 2 JayS

    man that does suck. Dover is one of the tracks i like. i hope they can continue to run races there after this year.

  3. 3 sean

    its cuz nascar wants more money in its pockets. they cut back tv deals and percentages from those deals and it screws evrybody but them.dover is a awesome track and the racing has always been good there. i hope they can continue.

  4. 4 Sean

    what is sad is that dover ONLY runs nascar races. I bet if they had some other events the track would generate more revanue….

  5. 5 ian

    i hope they stay there, they are the only track that im able to go to and have ever seen a race at

  6. 6 nicole

    y’know that really sucks, i go to both races at dover every year. and i’d to see them lose
    a race to someother cookie cutter track, because they’re losing so much money. we need
    tracks in the north east!!!!

  7. 7 Anonymous

    shit dover is like a super sized bristol. what dont people like about that? nascar should be all over that place, seein how the racing was better in the fall dover race than the fall bristol race last year.

  8. 8 Axel Foley

    …or the spring bristol race this year.

  9. 9 Brian

    Dover is awesome. I have been to the last 3 races and I see no
    reason why they are losing money. Racing at Dover is better than
    most races during the season. We need Nascar Races at Dover!

  10. 10 colonel

    if they got a cut from the casino they would turn a good profit. i know i’ve left penty $$$ at that casino. that is one of the best trax, i have ever been too. hope they can hang in there.

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