• Loading stock data...
Tuesday, January 14, 2025

NASCAR Virtual Races Pave Way for Esports Expansion

  • With real drivers racing virtually, teams are still providing value to sponsors and partners.
  • The second week of racing drew 1.34 million to FOX and FS1, while nearly 13,000 played DraftKings’ free-to-play game for $10,000.
NASCAR iRacing
Courtesy iRacing via Bristol Motor Speedway

The lasting effects of the rise of virtual sports during the coronavirus outbreak will remain unknown for the time being. Still, NASCAR Managing Director of Gaming Scott Warfield has high hopes. 

The eNASCAR Pro Invitational Series has drawn large audiences on TV and is helping build up a sports betting base and reach a new demographic that potentially could carry over once live races return, Warfield said. 

FOS REPORT: 54.5% of industry executives believe that it would be at least 60 days before leagues resume play.

“We have found ourselves at the center of the spoke of the wheel, given that we have one of the few live sporting options out there currently, along with Belarusian soccer and ping pong,” Warfield said. “Esports has been a big growth initiative for us for a long time, and while we wouldn’t wish any of this to happen, we have this product that is as real as any of the products out there, with top athletes using it and a broadcast partner that is willing to put it on air and put production dollars behind it.”

The effort’s first race at virtual Homestead-Miami Speedway drew 903,000 real viewers to FS1, while the second week, staged at a virtual Texas Motor Speedway and broadcast on FOX and FS1, received 1.34 million viewers, according to Nielsen. 

Those viewership tallies are nearly equivalent to the average race of the second-tier Xfinity Series.

Beyond viewership, there’s a sports betting benefit to the races. Along with a free-to-play contest from DraftKings, Warfield said there’s also been a fair amount of activity in the international markets they’re tracking.

DraftKings’ free-to-play pool for iRacing drew 12,900 entries, and the races were offered to bettors in West Virginia. Two winners split the $10,000 prize, correctly predicting 10 of 11 questions about the virtual race.

Along with the virtual racing, DraftKings Sportsbook Director Johnny Avello said he believes this live sports hiatus will help push esports into the mainstream.

On the Daily Fantasy Sports side of DraftKings, the company has expanded its esports offering from League of Legends to also include Counter-Strike: Global Offensive, a first-person shooter game from Valve and Hidden Path Entertainment. 

“We’re always looking to expand the menu, and we have, so when we bring back live sports, it’s a full array,” Avello said. “When this is all said and done, and normal stuff comes back, some of this stuff will stick. Esports might be some of it; ping pong might be some other, or maybe darts, cricket and rugby.”

READ MORE: College Esports to Carry On in Now-Crowded Online Space

Warfield has similar hopes to how the iRacing circuit with real NASCAR Cup Series drivers will play out once the sports world normalizes.

“There are lightbulbs going off with what this means long term, both for iRacing but even larger around NASCAR,” Warfield said. 

In the short term, Warfield said the iRacing circuit is providing a morale boost for fans and drivers alike but also offering the teams a way to bring value back to partners and sponsors.

Longer-term, it’s potentially drawing in a new fan. Of the first week’s audience, 255,000 hadn’t watched a cup race this season, Warfield said. Likewise, NASCAR’s distribution partner overseas, IMG, is receiving solid pickup as well, Warfield said.

“When you start wondering why we are in this [esports] space, it’s how to grow the pie and reach a younger, more diverse fan,” he said. “Maybe we’re starting to see that.”

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Ohio State Buckeyes defensive end Jack Sawyer (33) knocks the ball out of the hands of Texas Longhorns quarterback Quinn Ewers (3) and returns the fumble for a touchdown in the fourth quarter of the Cotton Bowl Classic during the College Football Playoff semifinal game at AT&T Stadium in Arlington, Texas on January, 10, 2025.

College Football Is Closer Than Ever to Perfecting the Championship Process

Despite valid criticisms, the first expanded Playoff is working.
Ohio State Buckeyes do a quick cals drill with the fans prior to the NCAA football game against the Michigan Wolverines at Ohio Stadium in Columbus on Saturday, Nov. 30, 2024.

The Big Ten Has Been the Real Winner of the First 12-Team..

The conference has been snagging prize money and bragging rights.
Jan 2, 2025; New Orleans, LA, USA; Notre Dame Fighting Irish head coach Marcus Freeman (R) reacts on the sidelines in the final minute against the Georgia Bulldogs during the fourth quarter at Caesars Superdome.

Amid Realignment Mania, Notre Dame Stayed Independent. It Paid Off

How the CFP semifinal-bound Fighting Irish made their business model work.

Featured Today

Race leader and eventual stage winner Primož ROGLIČ (SVN/RedBull-Bora-Hansgrohe) in the final kilometer up the finish climb of stage 19 from Logroño to Alto De Moncalvillo (ESP/168km) of the 79th La Vuelta Ciclista a España 2024 on 6 September. // Kristof Ramon / Red Bull Content Pool // SI202409060905 // Usage for editorial use only //Primož ROGLIČ (SVN/RedBull-Bora-Hansgrohe) congratulated by teammate Florian LIPOWITZ (DEU/RedBull - BORA - hansgrohe) after a very strong stage 13 from Lugo to Puerto De Ancares (ESP/171km) of the 79th La Vuelta Ciclista a España 2024 on 30 August

Red Bull Is on a Hot Streak in Sports. Can It Win..

The company is betting on a big future in cycling.
Ohio State wide receiver Jeremiah Smith (4) celebrates a first-down catch against Oregon during the 2025 Rose Bowl in Pasadena, Calif.
January 3, 2025

The Biggest Changes to College Sports Are Coming in 2025

Sweeping developments could affect the college sports foundation this year.
Dec 31, 2024; Chicago, Illinois, USA; Chicago Blackhawks center Connor Bedard (98) walks out to the rink before the Winter Classic against the St. Louis Blues at Wrigley Field
January 1, 2025

Glitzy NHL New Year’s Eve Winter Classic Showcased Connor Bedard’s Star Power

The business of Bedard—on full display—is crucial for the NHL.
Pop-Tarts bowl tropfy
December 27, 2024

‘I Want to Play in That Game’: How the Pop-Tarts Bowl Went..

The bowl has players saying, “I want to play in that game.”

Beloved ‘Backyard Sports’ Brand Says It Will Relaunch After Decade Hiatus

“Backyard Baseball” was a turn-of-the-century computer hit. 
July 24, 2024

The Perfect Storm Propelling ‘EA Sports College Football’ to Early Success

Growing fandom and a long wait have already reaped dividends for EA.
DraftKings
August 2, 2024

DraftKings Announces Consumer Tax Starting Next Year

The company’s stock fell 5% Friday morning.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
July 20, 2024

The Road to the Return of ‘EA Sports College Football’

This summer, the biggest development in college sports is virtual.
Sponsored

TopSpin 2K25 Brings the Legends of Tennis to Your Living Room

2K sports is reviving a classic with TopSpin 2K25.
July 3, 2024

Esports Winter: NBA 2K League Hits Pause Button Amid Industry Decline

The previously high-profile esports league is now effectively on hiatus amid widespread layoffs.
June 14, 2024

IOC Proposes Holding Separate Olympics for Esports

The organization’s executive board has proposed a separate Olympics for online gaming.