Stock Car Racing's Super Bowl-The Daytona 500

The DAYTONA 500---The Super Bowl of Stock Car Racing

On Sunday February 11, 2007, the Super Bowl of Stock Car
Racing kicks off the beginning of this years Nascar
Nextel Cup Series. Unlike other sports, where their
biggest event is usually held at the end of the season,
this race is one of the largest in fan support,
viewership and purse, with International coverage.

The Daytona 500 was first held in 1959 and was won by Lee
Petty, the father of Richard Petty. Prior to racing at
this track the races were held on the beach, as early as
1903.From beaches to a 2.5 mile tri-oval superspeedway
which covers nearly 500 acres.

The track is banked from only 3 degrees to 31 degrees in
the turns with aprons of 12-30 feet. The backstretch is
3400 feet long with a 3-degree bank. The infield is 180
acres with a 29-acre lake named Lake Lloyd.

To Qualify some teams must race their way into the Daytona 500 field, while all exempt teams (the top 35 teams of the previous year in owner points) are guaranteed a spot in the Daytona 500.

Row One is set by one round of qualifying, normally held one week before the race. The remainder of the field is set by qualifying races, about a week before the Daytona 500. After the exempt teams and top two non-exempt cars are added to the field, the top three non-exempt cars are added by fastest qualifying laps. A former Nextel Cup champion, if necessary, is added. Otherwise, the fourth fastest car is added to the field.

In 1959 the purse of $19,050 was awarded to the winner
Lee Petty. Last year's winner, Jimmy Johnson was awarded
$1,505,124, and went on to become the Nascar Nextel Cup
Champion.

Richard Petty has won the race 7 times, ran 4,860 laps
for 12,150 miles and led the most laps with 780.

The late Benny Parsons led the fewest laps in 1975 and
still won the race, by only leading 4 laps.

Dale Earnhardt started 20 times before he won in 1998.
Although it took him many years before he made it onto
Victory Lane he completed all 500 miles 14 different
times.

The fastest winning speed for the race was recorded by
Buddy Baker in 1980.

For more information about the track, the race or
accommodations you can go to:
http://www.daytonainternationalspeedway.com/

What We Are Working On

Well,I just finished a post on another topic and somehow I did not save it or publish it. Another lesson learned about saving the info before you think you are making a post.

The topic I thought I had posted was on what we are trying to accomplish and what has happened the last few days.

A couple of days ago I received a comment from Marc at FullThrottle that I did not have permission to post his article on the Nascar Car-Of-Tomorrow. He was very professional about it and told me to get it off this blog, what you do with articles written by other people and what to look up to learn about using other people's work.

I was wrong as he pointed out even though I had given credit to who wrote the article and where I got it from. My intent was not to steal other people's work and pass it off as my own. Yet, I am responsible for what goes on this blog and so I accept the blame for what was done.

I apologize to Marc and thank him for setting me straight.

Lesson learned.

I also took down the article on the Jimmy Johnson Intervies as well as the story about knowing Dale Earnhardt Sr. (These 2 articles were also given credit to their Authors and where they were found.)

I did not expect that the first lesson learned was about stealing other people's work but I believe the problem has been corrected.

I will now move forward with the original goal of forming a team to develope a winning Nascar Nextel Cup Racing Organization.

I will start posting with more specific details about what we are doing, what needs to be done and how people can get involved, in the next posting.

Again I apologize to anyone I may have offended or hurt.

Doug Scott

Nascar racing and Our Open Business Model Part 2

This is our second post about notes we have taken about the concept of the Open Business Model and how it could be used in our Nascar Team Organization. This allows anyone that wants to contribute to the team to get involved and share their thoughts, feelings and knowledge with us.

We will start posting comments on many of the notes and explain in more detail how they can be used in our organization.

Thanks for your time

Doug

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A set of fundamental reasons for a company’s existence beyond just making money. Your purpose should be timeless and enduring—“a good purpose should serve to guide and inspire the organization for years, perhaps a century or more.”

We are in the freedom business like Southwest Airlines—to make this membership as available and as flexible for average Americans, as it has been for the well to do.

Disruptive Business Strategy

Southwest Freedoms
Freedom to learn and grow
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You are giving people the freedom to ________________

“ME TOO” WON’T DO

Corporate strategy has been to mimic other companies

Mimicry

Big companies have been content to compete from virtually identical strategic playbooks and to vie for advantage on the margin
Whose products can be a little better?
Whose costs can be a little lower?
Whose target markets can be a little more attractive?

Compare the following for virtually identical strategic playbooks
GM versus Ford
CBS versus ABC
Coke versus Pepsi
American Airlines versus Delta Airlines

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If you know the names and contact info for people already working with Nascar Racing Teams or inside the Nascar Organization, we would certainly appreciate you contacting
us with the informationand how you know them. We are starting our "Little Black Book" and can use your help.

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The creation of reality programming in the TV business
The ubiquity of bottled water and natural drinks in the beverage business
The creation of low cost airlines

You can become the author of your own destiny

Whatever I can imagine, I can accomplish

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Employees drive performance by collaborating with peers across organizational boundaries, creating what we call a “wiki workplace.”

So-called supply chains work more effectively when the risk, reward and capability to complete major projects-including massively complex products like cars, motorcycles and airplanes, are distributed across planetary network of partners who work as peers.

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Profiting from Collaborative Anarchy

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