1 00:00:00,280 --> 00:00:03,760 Speaker 1: This is the business of sports. Should Major League Baseball 2 00:00:04,000 --> 00:00:06,840 Speaker 1: shorten up the season? How do we present football to 3 00:00:06,920 --> 00:00:08,920 Speaker 1: the audience of the future. I don't think that most 4 00:00:08,920 --> 00:00:11,640 Speaker 1: players understand the power that they have. Michael Barr. The 5 00:00:11,720 --> 00:00:15,520 Speaker 1: future of IndyCar racing is looking bright. Scott Sashnik, very 6 00:00:15,560 --> 00:00:18,959 Speaker 1: basic math here, more bidders means more money. Evan Nobody Williams. 7 00:00:18,960 --> 00:00:22,079 Speaker 1: The team value has essentially quadruples. And the leaders in 8 00:00:22,120 --> 00:00:25,480 Speaker 1: the sports industry time to bring in our guest, Hal Steinbrenner, 9 00:00:25,600 --> 00:00:29,320 Speaker 1: National Hockey League Commissioner Gary Bettman, Atlanta Braves president Derek Schiller, 10 00:00:29,400 --> 00:00:34,720 Speaker 1: Patriots President Jonathan Kraft. Bloomberg Business of Sports from Bloomberg Radio. Hello, 11 00:00:34,760 --> 00:00:37,760 Speaker 1: I'm Michael barn I'm Evan Novie Williams, and I'm Scott Sloshnik. 12 00:00:37,920 --> 00:00:40,640 Speaker 1: Every week at this time, plus Mondays and Wednesdays, we 13 00:00:40,720 --> 00:00:42,800 Speaker 1: explore the big money issues in the world of sports. 14 00:00:43,080 --> 00:00:46,000 Speaker 1: Today we speak with the youngest team owner in IndyCar racing. 15 00:00:46,000 --> 00:00:49,360 Speaker 1: He's twenty three and his nineteen year old driver already 16 00:00:49,400 --> 00:00:53,000 Speaker 1: has a win under his helmet. He's George Steinbrenner, the 17 00:00:53,080 --> 00:00:56,520 Speaker 1: grandson of the legendary New York Yankees owner and he 18 00:00:56,600 --> 00:00:59,959 Speaker 1: owns Harding Steinbrenner Racing. That's coming up in a bit, 19 00:01:00,040 --> 00:01:02,600 Speaker 1: but first, let's look at the top stories of the week, 20 00:01:02,840 --> 00:01:08,960 Speaker 1: beginning with the new revelations concerning the latest Triple Crown winner, Justify. Yeah, 21 00:01:09,000 --> 00:01:12,320 Speaker 1: can we justify putting this down in the records book 22 00:01:12,360 --> 00:01:18,319 Speaker 1: to the triple Crown winner? Apparently Justify failed a drug 23 00:01:18,360 --> 00:01:20,880 Speaker 1: test shortly before the Kentucky Derby, which of course is 24 00:01:20,920 --> 00:01:23,720 Speaker 1: the first leg of the Triple Crown, when he won 25 00:01:23,760 --> 00:01:26,040 Speaker 1: Santa Anita, the race that got him into the into 26 00:01:26,040 --> 00:01:29,280 Speaker 1: the Kentucky into the Conducting Derby. And the way Joe 27 00:01:29,319 --> 00:01:32,000 Speaker 1: Drape at the New York Times paints this, it seems 28 00:01:32,040 --> 00:01:36,160 Speaker 1: all the usual procedures that are in place and disclosures 29 00:01:36,160 --> 00:01:40,560 Speaker 1: that are usually made with this just didn't happen. It 30 00:01:40,680 --> 00:01:45,720 Speaker 1: certainly makes it seem as if the California board was 31 00:01:45,800 --> 00:01:50,760 Speaker 1: not all that high on this news getting out, because 32 00:01:51,200 --> 00:01:54,640 Speaker 1: if they followed letter of the law. According to Joe anyway, 33 00:01:54,840 --> 00:01:56,920 Speaker 1: this horse should not have been in the Kentucky Derby. Yeah, 34 00:01:56,960 --> 00:01:58,880 Speaker 1: And and and and for folks who might be confused, because 35 00:01:58,880 --> 00:02:01,040 Speaker 1: I was originally this is not the horse that broke 36 00:02:01,720 --> 00:02:04,480 Speaker 1: the thirty plus year triple Crown Street because the horse 37 00:02:05,040 --> 00:02:07,800 Speaker 1: that last year won the Triple Crown again, which a 38 00:02:07,800 --> 00:02:10,880 Speaker 1: lot of people said was almost a service to horse 39 00:02:10,960 --> 00:02:12,840 Speaker 1: racing in that, you know, it made it sound like 40 00:02:12,960 --> 00:02:17,359 Speaker 1: Triple Crown racers winners could happen every year every two years. Uh, 41 00:02:17,680 --> 00:02:19,560 Speaker 1: as you said, Scott. The group here that I think 42 00:02:19,600 --> 00:02:22,440 Speaker 1: has a lot to answer for the California Horse Racing Board. 43 00:02:22,880 --> 00:02:26,560 Speaker 1: Justify trained by Bob Baffort, legendary trainer. At least from 44 00:02:26,560 --> 00:02:28,919 Speaker 1: the Times reporting, does not seem to be any direct 45 00:02:28,960 --> 00:02:31,959 Speaker 1: evidence that Bob Baffort went out of his way to 46 00:02:32,040 --> 00:02:35,600 Speaker 1: kind of suppress. We don't know, he didn't speak to 47 00:02:35,639 --> 00:02:38,680 Speaker 1: the Times. But there's so many conflicts of interest. This 48 00:02:38,760 --> 00:02:41,280 Speaker 1: this is the paragraph that struck me. The chairman of 49 00:02:41,280 --> 00:02:44,400 Speaker 1: the California Horse Racing Board, Chuck Winner, owns an interest 50 00:02:44,400 --> 00:02:47,720 Speaker 1: in horses trained by Bathford to other board members employed 51 00:02:47,720 --> 00:02:51,519 Speaker 1: trainers and jockeys that they also regulate. Um, horse racing 52 00:02:51,520 --> 00:02:53,919 Speaker 1: is its own, crazy, insular world. But that seems like 53 00:02:53,960 --> 00:02:56,040 Speaker 1: a kind of conflict of interest that you don't want 54 00:02:56,080 --> 00:02:58,840 Speaker 1: your board members also having business interests with the people 55 00:02:58,880 --> 00:03:01,480 Speaker 1: that they ran. You know, horse racing, whereels the real money? 56 00:03:01,560 --> 00:03:03,360 Speaker 1: Do you get it when you get the stud feed 57 00:03:03,480 --> 00:03:06,600 Speaker 1: it's the breeding rights, and the breeding rights for Justify 58 00:03:06,720 --> 00:03:10,440 Speaker 1: were sold for sixty million dollars. Moving right along, let's 59 00:03:10,480 --> 00:03:14,520 Speaker 1: talk about the NFL three million dollars. We're gonna put 60 00:03:14,560 --> 00:03:17,240 Speaker 1: it in the kiddy to find a better helmet. Yeah, 61 00:03:17,280 --> 00:03:22,120 Speaker 1: and the NFL has funded innovation challenges before. This one, 62 00:03:22,200 --> 00:03:26,240 Speaker 1: though really focuses on the design of a helmet from 63 00:03:26,320 --> 00:03:31,120 Speaker 1: start to finish. The kind they want a new prototype helmet. Uh. 64 00:03:31,160 --> 00:03:34,480 Speaker 1: And they think the money helps here and that they've 65 00:03:34,520 --> 00:03:37,320 Speaker 1: been told the feedback to the NFL is that there 66 00:03:37,320 --> 00:03:41,280 Speaker 1: are designers out there, new things like three D printing. 67 00:03:41,600 --> 00:03:44,720 Speaker 1: So they have whiteboard material where people want to try things, 68 00:03:45,120 --> 00:03:47,000 Speaker 1: but they just don't have the money to do it. 69 00:03:47,280 --> 00:03:49,480 Speaker 1: To get it from the design phase or the concept 70 00:03:49,480 --> 00:03:53,440 Speaker 1: phase to reality is expensive. So the NFL is putting 71 00:03:53,520 --> 00:03:57,920 Speaker 1: up two million in capital, plus a million dollars to 72 00:03:58,000 --> 00:04:01,040 Speaker 1: the winner or winners. They'll share their prize whoever comes 73 00:04:01,120 --> 00:04:06,720 Speaker 1: up with any helmet that, according to their testing, is 74 00:04:06,760 --> 00:04:10,840 Speaker 1: significantly better than what's in use today. I'm curious to 75 00:04:10,880 --> 00:04:13,160 Speaker 1: see what ends up being offered here, because I would 76 00:04:13,160 --> 00:04:16,360 Speaker 1: imagine there's going to be some pretty innovative things, including 77 00:04:16,480 --> 00:04:19,280 Speaker 1: potentially soft helmets. I mean there's there's a continguent of 78 00:04:19,320 --> 00:04:22,760 Speaker 1: people who there are some really believe that that going 79 00:04:22,800 --> 00:04:25,680 Speaker 1: the softer route, or maybe even the helmet like rugby 80 00:04:25,800 --> 00:04:28,520 Speaker 1: is is the safest way to to to move football 81 00:04:28,520 --> 00:04:32,440 Speaker 1: into into the next years. Um again worth mentioning, you know, 82 00:04:32,600 --> 00:04:36,800 Speaker 1: helmets don't prevent concussions, that the point of helmets typically 83 00:04:36,839 --> 00:04:38,880 Speaker 1: is to help you know, skull fractures and things like that. 84 00:04:39,200 --> 00:04:40,960 Speaker 1: But you know, good good on the NFL to to 85 00:04:41,279 --> 00:04:44,440 Speaker 1: recognize that the question of if you can reduce what 86 00:04:44,440 --> 00:04:46,039 Speaker 1: they What they have now is a whole bunch of 87 00:04:46,120 --> 00:04:51,960 Speaker 1: data that shows how players that you receive the concussions, 88 00:04:52,040 --> 00:04:55,560 Speaker 1: what the impact was, what the angle was, And I 89 00:04:55,600 --> 00:04:58,839 Speaker 1: think of most interest to you and me, Evan was 90 00:04:58,880 --> 00:05:03,080 Speaker 1: the fact that different positions have higher incidences with different 91 00:05:03,120 --> 00:05:05,839 Speaker 1: places on the helmet and different rotational So they now 92 00:05:05,880 --> 00:05:08,880 Speaker 1: have that data, and the NFL told me they're moving 93 00:05:09,080 --> 00:05:14,240 Speaker 1: toward position specific helmet, so a linebacker might have a 94 00:05:14,279 --> 00:05:17,520 Speaker 1: different helmet than a quarterback or a quarterback or an 95 00:05:17,520 --> 00:05:20,800 Speaker 1: offensive line makes total sense. And finally, for a few 96 00:05:20,800 --> 00:05:23,279 Speaker 1: minutes or we need to talk about the latest development 97 00:05:23,279 --> 00:05:28,560 Speaker 1: and the federal antitrust lawsuit against US Soccer. Yeah, so Relevant, 98 00:05:28,600 --> 00:05:30,960 Speaker 1: which is a promotion company that is owned by Stephen Ross, 99 00:05:31,000 --> 00:05:35,119 Speaker 1: who owns the Miami Dolphins. Escalated. It's, you know, legal 100 00:05:35,160 --> 00:05:38,800 Speaker 1: battle against US Soccer this this week. It's kind of confusing, 101 00:05:38,800 --> 00:05:41,719 Speaker 1: but the basic nuts and bolts. Relevant has tried a 102 00:05:41,720 --> 00:05:46,039 Speaker 1: few different times to bring exhibitions into the US that 103 00:05:46,120 --> 00:05:48,040 Speaker 1: we're played by two foreign teams. They did it with 104 00:05:48,080 --> 00:05:50,720 Speaker 1: two Ecuadorian teams in January, they tried to do it 105 00:05:50,760 --> 00:05:53,760 Speaker 1: with two La Legal including Barcelona. That's the one that 106 00:05:54,480 --> 00:05:57,760 Speaker 1: Leo Messi. Um, they've been kind of stymiter, or so 107 00:05:57,800 --> 00:06:00,400 Speaker 1: they claimed, climbing stimmied by US Soccer and they are 108 00:06:00,440 --> 00:06:03,719 Speaker 1: now suing saying that US Soccer kind of conspiring and 109 00:06:03,800 --> 00:06:08,240 Speaker 1: is illegally, you know, controlling how it allows games to 110 00:06:08,240 --> 00:06:10,680 Speaker 1: be played on you. Because US Soccer has its own 111 00:06:10,680 --> 00:06:16,640 Speaker 1: marketing arm, some Soccer United marketing, they too put on exhibitions. Uh, 112 00:06:16,680 --> 00:06:19,240 Speaker 1: perhaps they don't want competition from anybody else, seeking to 113 00:06:19,279 --> 00:06:22,320 Speaker 1: bring the biggest clubs over the fact that FIFA and 114 00:06:22,520 --> 00:06:25,120 Speaker 1: US Soccer have a relationship. And then this this marketing 115 00:06:25,720 --> 00:06:29,560 Speaker 1: arm of US Soccer. That's pretty much what Relevant is saying, yeah, 116 00:06:29,600 --> 00:06:31,480 Speaker 1: this is unfair practice. I feel like the theme here 117 00:06:31,560 --> 00:06:34,160 Speaker 1: is conflicts of interest, but you know, US Soccer has 118 00:06:34,320 --> 00:06:37,159 Speaker 1: a web of business relationships and conflicts of interest that 119 00:06:37,200 --> 00:06:40,520 Speaker 1: involved Major League Soccer as well that most countries don't have, 120 00:06:40,880 --> 00:06:42,599 Speaker 1: and it's the reason why you see a lot of 121 00:06:42,640 --> 00:06:45,800 Speaker 1: these lawsuits against both MLS and US Soccer. Now, let's 122 00:06:45,839 --> 00:06:48,320 Speaker 1: get to this week's interview with the youngest team owner 123 00:06:48,360 --> 00:06:51,640 Speaker 1: in IndyCar racing. He's twenty three and his nineteen year 124 00:06:51,640 --> 00:06:54,880 Speaker 1: old driver already has a win under his helmet. He's 125 00:06:54,920 --> 00:06:58,799 Speaker 1: George Steinbrenner, the grandson of the legendary New York Yankees owner, 126 00:06:59,000 --> 00:07:02,200 Speaker 1: and he owns Hardy Steinbrenner Racing. This guy is fascinating. 127 00:07:02,360 --> 00:07:07,080 Speaker 1: He's fascinating, and I like the way he talks about 128 00:07:07,200 --> 00:07:09,600 Speaker 1: starting at the bottom. You know, sort of attached himself 129 00:07:09,640 --> 00:07:12,360 Speaker 1: as an intern and I did whatever it took. He 130 00:07:12,360 --> 00:07:15,080 Speaker 1: he understands that I know the name is Steinbrenner, but 131 00:07:15,120 --> 00:07:17,560 Speaker 1: that doesn't mean you walk in as the CEO. So 132 00:07:17,960 --> 00:07:20,720 Speaker 1: you know, he swept the swept the garage, all those 133 00:07:20,800 --> 00:07:24,680 Speaker 1: kind of things that you would think lend him to 134 00:07:24,760 --> 00:07:27,080 Speaker 1: better understand the business as a whole. Yeah, and he 135 00:07:27,160 --> 00:07:31,000 Speaker 1: certainly also understands the pressure of winning something that his 136 00:07:31,040 --> 00:07:34,440 Speaker 1: grandfather and now his father, Hank Steinbrenner, who's running the Yankees, 137 00:07:34,680 --> 00:07:36,440 Speaker 1: You know that that is a family that has had 138 00:07:36,480 --> 00:07:38,280 Speaker 1: a lot of success and has a lot of expectation, 139 00:07:38,320 --> 00:07:40,440 Speaker 1: and I think he feels that as well. George, thanks 140 00:07:40,440 --> 00:07:43,160 Speaker 1: for joining us and congratulations because you guys had a 141 00:07:43,160 --> 00:07:45,640 Speaker 1: win earlier this year. We did. We did at the 142 00:07:45,680 --> 00:07:48,080 Speaker 1: second race of the year this year we in down 143 00:07:48,080 --> 00:07:50,640 Speaker 1: in Austin, Texas circuit of the America's. We were able 144 00:07:50,680 --> 00:07:54,480 Speaker 1: to start fourth and finish first, which you know, some 145 00:07:54,520 --> 00:07:56,920 Speaker 1: things had to happen, some some luck had to fall 146 00:07:56,960 --> 00:07:58,560 Speaker 1: our away, but that's how you win in a series 147 00:07:58,600 --> 00:08:01,360 Speaker 1: of twenty two really competed of cars. Now your driver 148 00:08:01,640 --> 00:08:04,240 Speaker 1: is Colton Hurta and he's the son of Brian Hurda. 149 00:08:05,280 --> 00:08:07,760 Speaker 1: Can you tell us the relationship that you guys this is, 150 00:08:07,960 --> 00:08:11,000 Speaker 1: This is not TV. But I gotta say, if if 151 00:08:11,080 --> 00:08:13,320 Speaker 1: George stood next to Colton, I think we have a 152 00:08:13,320 --> 00:08:21,200 Speaker 1: boy band. What would the name of your boy band? 153 00:08:21,280 --> 00:08:24,640 Speaker 1: I don't I don't know. Say thank you. Scott Man 154 00:08:25,440 --> 00:08:28,560 Speaker 1: does well. Yes, he's he's a handsome young man. I 155 00:08:28,560 --> 00:08:30,600 Speaker 1: told George we like to have fun on He didn't 156 00:08:30,600 --> 00:08:32,240 Speaker 1: believe me, but now he knows that. Now he knows 157 00:08:32,240 --> 00:08:36,480 Speaker 1: I'm being truthful. Any who, But just my way of saying, 158 00:08:36,600 --> 00:08:42,880 Speaker 1: hurt does what nineteen years old your three? That's that's 159 00:08:42,880 --> 00:08:46,760 Speaker 1: pretty accomplished at the stage of prosper You know what's said. 160 00:08:46,840 --> 00:08:49,079 Speaker 1: If you added both of those ages together, it's still 161 00:08:49,160 --> 00:08:54,280 Speaker 1: we're not far away. Oh man, what was your question? 162 00:08:55,120 --> 00:08:59,480 Speaker 1: I was asking your relationship between Colton and yourself. Can 163 00:08:59,559 --> 00:09:02,200 Speaker 1: you tell us more about that? Uh? So, So I 164 00:09:02,280 --> 00:09:04,560 Speaker 1: met first Matt Colton in two thousand and twelve. It 165 00:09:04,640 --> 00:09:09,120 Speaker 1: was his first year in in cars, well he would 166 00:09:09,120 --> 00:09:14,360 Speaker 1: have been in middle school, it was. Yeah, it was 167 00:09:14,400 --> 00:09:16,440 Speaker 1: his first year in physical cars. He had done carding 168 00:09:16,480 --> 00:09:20,320 Speaker 1: for about seven years before that. And uh, it was 169 00:09:20,320 --> 00:09:22,200 Speaker 1: out in Lime Rock Park, which is a small track 170 00:09:22,200 --> 00:09:26,760 Speaker 1: out in Connecticut, and um, it was sort of a 171 00:09:27,040 --> 00:09:30,880 Speaker 1: on the cuffan. So, my stepfather has known Brian heard 172 00:09:30,920 --> 00:09:32,520 Speaker 1: of for years. They used to race each other when 173 00:09:32,559 --> 00:09:34,640 Speaker 1: they were kids, and then they've known each other for 174 00:09:34,760 --> 00:09:37,880 Speaker 1: thirty years since and are now business partners. And so 175 00:09:39,120 --> 00:09:40,520 Speaker 1: he was like, hey, you want to go see I've 176 00:09:40,600 --> 00:09:42,240 Speaker 1: known Brian for a couple of years before that, Hey 177 00:09:42,280 --> 00:09:45,000 Speaker 1: you want to go see Brian's son race on any 178 00:09:45,320 --> 00:09:47,040 Speaker 1: time I can see new cars on a new track, 179 00:09:47,080 --> 00:09:49,079 Speaker 1: I'm down and I'm ready. The cars is when I 180 00:09:49,080 --> 00:09:50,960 Speaker 1: mean auto sports. You've loved it for a long time, 181 00:09:51,280 --> 00:09:53,320 Speaker 1: ever since I was a little kid. Yeah, So for 182 00:09:53,360 --> 00:09:55,199 Speaker 1: me it was it was a cool experience because I 183 00:09:55,520 --> 00:09:59,400 Speaker 1: was so used to you know, Indy car and sports cars. 184 00:09:59,400 --> 00:10:02,640 Speaker 1: It's about all I really experienced before that. So see 185 00:10:02,760 --> 00:10:06,120 Speaker 1: little open wheel cars about the size of you know, 186 00:10:06,559 --> 00:10:10,320 Speaker 1: a small table go around the track, and it's it 187 00:10:10,440 --> 00:10:12,719 Speaker 1: was something I wanted to do. And and to meet 188 00:10:12,760 --> 00:10:15,120 Speaker 1: Colton of course, because again I'd known Brian for years, 189 00:10:15,240 --> 00:10:18,319 Speaker 1: and yeah, we kind of just hit it off instantly. 190 00:10:18,360 --> 00:10:21,040 Speaker 1: I was sixteen, he was twelve, and so we we 191 00:10:21,120 --> 00:10:24,160 Speaker 1: kind of just we're, you know, stupid kids. At some 192 00:10:24,280 --> 00:10:26,200 Speaker 1: point at the end of the weekend, we kind of 193 00:10:26,800 --> 00:10:28,320 Speaker 1: both looked at each other and said, you know, what 194 00:10:28,360 --> 00:10:30,880 Speaker 1: would be cool if we did something in this realm 195 00:10:30,920 --> 00:10:33,800 Speaker 1: together one day? And who he advises you You're sixteen, 196 00:10:33,920 --> 00:10:37,960 Speaker 1: he's twelve. The conversation of hey, let's do something, I 197 00:10:38,080 --> 00:10:41,120 Speaker 1: get it. But then who do you turn to and say, 198 00:10:41,160 --> 00:10:44,160 Speaker 1: all right, what do I do. How do I do? 199 00:10:44,360 --> 00:10:49,600 Speaker 1: Because obviously you have the lineage. It was I mostly 200 00:10:49,640 --> 00:10:52,120 Speaker 1: stuck to. I mean, my stepfather had worked in racing 201 00:10:52,200 --> 00:10:55,360 Speaker 1: for thirty some odd years and was close with Brian, 202 00:10:55,440 --> 00:10:59,280 Speaker 1: so we they kind of over time sort of was 203 00:10:59,400 --> 00:11:02,280 Speaker 1: were our guy. It's in sort of how to approach it. Obviously, 204 00:11:02,400 --> 00:11:05,760 Speaker 1: Colton going off racing different junior formulas is they're called 205 00:11:05,800 --> 00:11:10,680 Speaker 1: minor league racing. And then um, myself staying in school 206 00:11:11,240 --> 00:11:13,760 Speaker 1: at least as long as I could, and then they 207 00:11:13,840 --> 00:11:16,800 Speaker 1: kind of couldn't tear me away from the race track unfortunately, 208 00:11:16,840 --> 00:11:20,000 Speaker 1: and then, um, we kept talking about it. We kept 209 00:11:20,160 --> 00:11:23,000 Speaker 1: he moved over to Europe to run single seaters and 210 00:11:23,000 --> 00:11:26,240 Speaker 1: we kept talking. Then you know, it would be really 211 00:11:26,320 --> 00:11:28,120 Speaker 1: cool if you know, one of these days, are are 212 00:11:28,200 --> 00:11:31,000 Speaker 1: crazy vision we had when we were stupid kids came true? 213 00:11:31,040 --> 00:11:33,040 Speaker 1: And then um, he wanted to come back to the US. 214 00:11:33,120 --> 00:11:34,520 Speaker 1: He wanted to race any cars he was on the 215 00:11:34,600 --> 00:11:38,480 Speaker 1: Formula one route, and uh, I was fresh out of 216 00:11:38,600 --> 00:11:43,360 Speaker 1: a semester of college, um working for Brian Hurda's rallycross 217 00:11:43,400 --> 00:11:46,000 Speaker 1: team in Indiana. As I said, they couldn't tear me 218 00:11:46,040 --> 00:11:48,120 Speaker 1: away from the track. I ended up moving up to Indie, 219 00:11:48,200 --> 00:11:50,640 Speaker 1: ended up work in it, and so um he wanted 220 00:11:50,679 --> 00:11:53,479 Speaker 1: to race an Indie lights, which is triple a baseball equivalent. 221 00:11:53,760 --> 00:11:55,920 Speaker 1: I essentially said, all right, let's do it. How much 222 00:11:55,960 --> 00:11:59,160 Speaker 1: did you know about the business of auto racing, because 223 00:11:59,760 --> 00:12:02,040 Speaker 1: it's not easy. I mean, it costs a lot to 224 00:12:02,120 --> 00:12:05,240 Speaker 1: run these teams. It does, uh. I sort of shadowed 225 00:12:05,240 --> 00:12:07,959 Speaker 1: for many years, obviously working for him, but then years 226 00:12:08,000 --> 00:12:11,280 Speaker 1: before going to half a dozen races a year. I 227 00:12:11,280 --> 00:12:13,720 Speaker 1: would kind of shadow his dad, Brian, because he had 228 00:12:13,760 --> 00:12:16,360 Speaker 1: owned a one car team in Indy Car for years 229 00:12:16,400 --> 00:12:19,840 Speaker 1: before eventually joining up with Andretti and in the nine 230 00:12:19,880 --> 00:12:22,320 Speaker 1: now the ninety eight car Marco Andrettie's car. It was 231 00:12:22,360 --> 00:12:24,080 Speaker 1: sort of like I just shadowed him, you know. I 232 00:12:24,120 --> 00:12:26,160 Speaker 1: was an intern on the rallycross team. I did like 233 00:12:26,200 --> 00:12:30,440 Speaker 1: the I was a receptionist, ice filler, cooler filler, stuff 234 00:12:30,440 --> 00:12:33,600 Speaker 1: like that, carried the driver's helmet around. People might laugh. 235 00:12:33,720 --> 00:12:35,520 Speaker 1: That's the way you learn. You gotta do it, and 236 00:12:35,520 --> 00:12:37,959 Speaker 1: and and it. It helped. So it was about as 237 00:12:38,480 --> 00:12:40,800 Speaker 1: valuable of a year of experience as I could get 238 00:12:40,840 --> 00:12:43,480 Speaker 1: in the sport. But I had more access, I guess 239 00:12:43,480 --> 00:12:47,120 Speaker 1: than than most people in that position would have to Brian, 240 00:12:47,240 --> 00:12:50,240 Speaker 1: who was running the show, kind of stuck to his 241 00:12:50,320 --> 00:12:52,840 Speaker 1: hip when he was around and learned as much as 242 00:12:52,840 --> 00:12:54,760 Speaker 1: I could from him, and I still kind of do, 243 00:12:54,960 --> 00:12:58,040 Speaker 1: even though we're technically on different teams. I kind of, 244 00:12:58,440 --> 00:13:00,880 Speaker 1: you know, seek him out for advice time I get 245 00:13:00,920 --> 00:13:03,680 Speaker 1: the opportunity. So when it becomes time to to to launch, 246 00:13:03,840 --> 00:13:06,800 Speaker 1: you know your own team, how much capital do you need? 247 00:13:06,840 --> 00:13:08,959 Speaker 1: What what does it take to to to start your 248 00:13:09,000 --> 00:13:13,640 Speaker 1: own car racing team? So, um, I'd say the budget 249 00:13:13,880 --> 00:13:18,080 Speaker 1: I would put maybe at about six to seven million 250 00:13:18,120 --> 00:13:22,880 Speaker 1: dollars per car. Yeah, obviously you generally want to start 251 00:13:22,880 --> 00:13:28,120 Speaker 1: with one car effort for yourself. So about of our 252 00:13:28,120 --> 00:13:29,719 Speaker 1: revenue unless you go out and win the n D 253 00:13:29,840 --> 00:13:35,040 Speaker 1: five is sponsorship dollars commercial sponsorships, So raising as much 254 00:13:35,080 --> 00:13:36,880 Speaker 1: of that as you can before you start it is 255 00:13:37,040 --> 00:13:39,760 Speaker 1: very important. And obviously the way we went about it 256 00:13:39,800 --> 00:13:42,720 Speaker 1: is we partnered with an existing team and Harding Racing, 257 00:13:42,720 --> 00:13:45,120 Speaker 1: who had been around for a year. He's a asphalt 258 00:13:45,200 --> 00:13:47,880 Speaker 1: he owns an asphalt company in Indiana, so he had 259 00:13:47,880 --> 00:13:52,200 Speaker 1: already built the infrastructure. Uh, and we sort of brought 260 00:13:52,200 --> 00:13:57,360 Speaker 1: our commercial partners along and said what's merge and and 261 00:13:57,400 --> 00:14:00,520 Speaker 1: It's a way to kind of lessen the blow of 262 00:14:00,559 --> 00:14:03,160 Speaker 1: trying to start your own indy car team when you're 263 00:14:03,200 --> 00:14:05,920 Speaker 1: able to sort of join forces with an existing team 264 00:14:05,960 --> 00:14:09,280 Speaker 1: and get your float ees on. I guess yeah, and 265 00:14:09,320 --> 00:14:11,800 Speaker 1: you are. I mean you're the youngest Indy car owner 266 00:14:12,000 --> 00:14:14,920 Speaker 1: in the circuit right now. Um, and Michael, forgive me. 267 00:14:14,920 --> 00:14:17,800 Speaker 1: I think of racing as kind of an old man's sport. 268 00:14:18,600 --> 00:14:20,960 Speaker 1: Is there things that you see? And Michael drags that 269 00:14:21,040 --> 00:14:24,720 Speaker 1: demo up? I uh, do you? Are there things that 270 00:14:24,760 --> 00:14:27,280 Speaker 1: you see about you know, the business that you know 271 00:14:27,680 --> 00:14:30,520 Speaker 1: from a young man's perspective, whether it's social media or 272 00:14:30,720 --> 00:14:32,480 Speaker 1: digital stream I don't know. Are there things that you 273 00:14:32,520 --> 00:14:35,600 Speaker 1: see because of your youth that you think are are 274 00:14:35,720 --> 00:14:38,800 Speaker 1: things that can be revolutionized or changed about the racing world. 275 00:14:39,640 --> 00:14:42,040 Speaker 1: You'll find there's a lot of people in my age 276 00:14:42,080 --> 00:14:47,880 Speaker 1: demographic who are really into cars. Racing specifically not as much, 277 00:14:47,920 --> 00:14:51,800 Speaker 1: but a lot of that has to do with video games, uh, 278 00:14:51,960 --> 00:14:56,160 Speaker 1: Project cars, Grant thereismo for a stuff like that that 279 00:14:56,160 --> 00:14:59,200 Speaker 1: that sort of bring people into car racing, maybe not 280 00:14:59,240 --> 00:15:02,680 Speaker 1: a specific genre of car racing like indiecar, Formula one, NASCAR. 281 00:15:02,800 --> 00:15:05,360 Speaker 1: We've heard this before, By the way, MLS is looking 282 00:15:05,400 --> 00:15:08,160 Speaker 1: to reach young kids through the FIFA game. That's how 283 00:15:08,200 --> 00:15:11,720 Speaker 1: they learn, right, So it's not just I mean, this 284 00:15:11,760 --> 00:15:13,840 Speaker 1: is definitely a way to reach the generation. Oh yeah, 285 00:15:13,880 --> 00:15:16,160 Speaker 1: and and it's you know, obviously I grew up with 286 00:15:16,600 --> 00:15:20,320 Speaker 1: baseball and then racing a little later, so, but but 287 00:15:20,480 --> 00:15:24,480 Speaker 1: for four sports like football or American football, it was 288 00:15:24,840 --> 00:15:27,400 Speaker 1: video games that kind of that's how I learned the sport, 289 00:15:27,480 --> 00:15:30,480 Speaker 1: learned the teams, learned the locations, learned the players. So 290 00:15:30,600 --> 00:15:33,160 Speaker 1: it's very much a thing for my generation that if 291 00:15:33,200 --> 00:15:35,520 Speaker 1: you play the game, you like the game, you start 292 00:15:35,560 --> 00:15:38,000 Speaker 1: playing it more, you start getting interested in the things 293 00:15:38,000 --> 00:15:40,480 Speaker 1: that are related to the game, and and we've found 294 00:15:40,480 --> 00:15:43,480 Speaker 1: that with motor racing games. It just the thing is 295 00:15:43,520 --> 00:15:47,560 Speaker 1: how do we get those individuals and translate them directly 296 00:15:47,560 --> 00:15:50,760 Speaker 1: into specifically Indie car fans instead of just a broad 297 00:15:50,920 --> 00:15:55,000 Speaker 1: range of of motorsport. We're talking to George Steinbrenner. He's 298 00:15:55,000 --> 00:15:57,240 Speaker 1: a co owner of Harding stein Brenner Racing, and I 299 00:15:57,280 --> 00:15:59,880 Speaker 1: want to talk more about the video games. My fort 300 00:16:00,000 --> 00:16:02,880 Speaker 1: teen year old sent just started in high school, and 301 00:16:03,040 --> 00:16:05,000 Speaker 1: you know, and we're going through the conversation, how are 302 00:16:05,080 --> 00:16:07,040 Speaker 1: things in high school? Blah, blah blah blah blah, and 303 00:16:07,040 --> 00:16:10,360 Speaker 1: he said, oh yeah, uh. And they also have an 304 00:16:10,400 --> 00:16:13,760 Speaker 1: e sports uh challenge for us to make the sports 305 00:16:13,800 --> 00:16:18,160 Speaker 1: team uh playing for And I said what? And of 306 00:16:18,200 --> 00:16:20,720 Speaker 1: course I perked up after that, What are you doing 307 00:16:20,760 --> 00:16:26,280 Speaker 1: up there homework? Don Yeah? Driving that that is what 308 00:16:26,320 --> 00:16:28,640 Speaker 1: you said, and it's very true. Is that that's how 309 00:16:28,800 --> 00:16:32,680 Speaker 1: people get into the sport, how people learn the sport. Uh. 310 00:16:33,080 --> 00:16:35,760 Speaker 1: Maybe video games is going to be the way the 311 00:16:35,840 --> 00:16:38,080 Speaker 1: turn the old man's sport into a young man. What's 312 00:16:38,080 --> 00:16:40,720 Speaker 1: the conversion rate? Have you seen the video game player 313 00:16:40,840 --> 00:16:43,080 Speaker 1: become an indie fan? Have you? Can you measure that? 314 00:16:43,240 --> 00:16:45,560 Speaker 1: I haven't seen those metrics, and I don't think we 315 00:16:45,640 --> 00:16:49,680 Speaker 1: really have them. Um. You know that the issue is 316 00:16:49,760 --> 00:16:52,360 Speaker 1: and it and it's been a issue for a while 317 00:16:52,520 --> 00:16:57,120 Speaker 1: or or A very popular conversation within the the fan 318 00:16:57,200 --> 00:17:01,720 Speaker 1: base is a standalone video game IndyCar, Um it has 319 00:17:01,800 --> 00:17:04,359 Speaker 1: There haven't been one since I think to two thousand 320 00:17:04,520 --> 00:17:06,399 Speaker 1: five was the last time the Indy Car had a 321 00:17:06,440 --> 00:17:10,560 Speaker 1: standalone video game. And so the conversation is is that 322 00:17:10,680 --> 00:17:14,600 Speaker 1: specifically and we've seen it with Formula one. UM, they've 323 00:17:14,600 --> 00:17:17,200 Speaker 1: grown an American fan base and they have at least 324 00:17:17,240 --> 00:17:20,280 Speaker 1: partially the F one video games to thank for it, 325 00:17:20,320 --> 00:17:22,920 Speaker 1: I know that's Chase carry doing it, trying to sort 326 00:17:22,960 --> 00:17:27,920 Speaker 1: of technologize the sport, bring it to the digital format, 327 00:17:27,960 --> 00:17:31,680 Speaker 1: bring it to the way people watch today phones, iPads, etcetera. Right, 328 00:17:31,840 --> 00:17:35,000 Speaker 1: And and it's it. That's how I first got into 329 00:17:35,000 --> 00:17:39,639 Speaker 1: Formula one. I've grown up an IndyCar fan, American motorsports primarily, 330 00:17:39,760 --> 00:17:42,159 Speaker 1: and I played the video game, and that's how I 331 00:17:42,240 --> 00:17:44,919 Speaker 1: learned the drivers, the teams, the circuits. And it's the 332 00:17:44,960 --> 00:17:47,679 Speaker 1: same way I I know other I don't have the 333 00:17:47,720 --> 00:17:51,240 Speaker 1: specific data, but I have personal anecdotal data of of 334 00:17:51,320 --> 00:17:54,560 Speaker 1: several friends of mine who started by playing Forsa or 335 00:17:54,760 --> 00:17:58,640 Speaker 1: Grand Tresmo and then they say, oh, this this game 336 00:17:58,680 --> 00:18:00,840 Speaker 1: looks cool F one. I don't know much about it, Bobby, 337 00:18:00,920 --> 00:18:02,600 Speaker 1: and then they play it and now they know all 338 00:18:02,640 --> 00:18:04,280 Speaker 1: the teams, they know all the drivers, they know all 339 00:18:04,280 --> 00:18:08,760 Speaker 1: the circuits, and and it's it's the knowledge of what 340 00:18:08,800 --> 00:18:12,119 Speaker 1: it is. It comes first because if someone if you 341 00:18:12,240 --> 00:18:14,280 Speaker 1: talk someone say hey, I'm in racing, Oh, like NASCAR, 342 00:18:14,440 --> 00:18:16,760 Speaker 1: that's usually what I get. And no Indy Car, if 343 00:18:16,800 --> 00:18:19,840 Speaker 1: you I usually use you know the most people do. 344 00:18:20,240 --> 00:18:22,920 Speaker 1: And that's the way to get in. But the more 345 00:18:23,000 --> 00:18:26,440 Speaker 1: people know who Joseph new Gardner, Alexander Rossi or Scott 346 00:18:26,480 --> 00:18:29,320 Speaker 1: Dixon are, or know who Roger Penskey or Chip Genassy 347 00:18:29,400 --> 00:18:32,120 Speaker 1: or Michael Andretti are, the easier it is for them 348 00:18:32,160 --> 00:18:35,760 Speaker 1: to follow the sport or want to watch it or 349 00:18:35,800 --> 00:18:39,440 Speaker 1: want to get involved, because it all starts with knowledge 350 00:18:39,480 --> 00:18:42,479 Speaker 1: of the sport. If you just turn it on on 351 00:18:42,520 --> 00:18:44,280 Speaker 1: the TV randomly and you don't know what the hell 352 00:18:44,359 --> 00:18:47,320 Speaker 1: is going on, it's it's gonna be difficult for them 353 00:18:47,320 --> 00:18:49,480 Speaker 1: to get into it totally. Yeah, and you you mentioned 354 00:18:49,680 --> 00:18:52,280 Speaker 1: at the start, you guys won your first race in 355 00:18:52,320 --> 00:18:57,520 Speaker 1: Austin earlier this year for a young team, Newish team. 356 00:18:57,600 --> 00:19:00,520 Speaker 1: What does your first win mean financially? Is your phone 357 00:19:00,560 --> 00:19:04,600 Speaker 1: ringing off the hook immediately? Do your sponsorships change immediately? 358 00:19:04,640 --> 00:19:06,360 Speaker 1: Kind of? What does that mean from a business standpoint? 359 00:19:06,400 --> 00:19:08,320 Speaker 1: Just to have that victory in your pocket. Remember when 360 00:19:08,280 --> 00:19:10,359 Speaker 1: we had Scott Dixon on, I mean he really talked 361 00:19:10,359 --> 00:19:12,880 Speaker 1: about what he did for sponsors, what sponsor did for him, 362 00:19:12,880 --> 00:19:14,639 Speaker 1: and how they were trying to play off each other. 363 00:19:14,720 --> 00:19:19,359 Speaker 1: Same for Ilio casting. Yeah, it I wouldn't say they 364 00:19:19,960 --> 00:19:22,800 Speaker 1: rang off off the hook or anything like that. It was. 365 00:19:23,680 --> 00:19:28,560 Speaker 1: It's definitely broadened dart of ability to sell um. Obviously, 366 00:19:28,600 --> 00:19:31,520 Speaker 1: results matter, and if you can go into a pitch 367 00:19:31,600 --> 00:19:34,679 Speaker 1: meeting say hey, we've had one race and we finished eighth, 368 00:19:35,000 --> 00:19:37,400 Speaker 1: it's a little difference saying hey, we've done we've gone 369 00:19:37,440 --> 00:19:39,280 Speaker 1: two races so far and we finished eighth and then 370 00:19:39,320 --> 00:19:42,000 Speaker 1: one our second one. It's it gives cash a and 371 00:19:42,160 --> 00:19:45,639 Speaker 1: ability to to say like, hey, you're buying a winning product. 372 00:19:45,680 --> 00:19:49,639 Speaker 1: You're you're you're buying into a winning product. So it 373 00:19:49,960 --> 00:19:55,520 Speaker 1: didn't necessarily make the incoming inquiries more abundant, but it 374 00:19:56,000 --> 00:19:59,679 Speaker 1: helped us sort of outwardly trying to sell and I 375 00:19:59,720 --> 00:20:02,520 Speaker 1: do to ask him. Obviously, your name George Dybrunner. You 376 00:20:02,560 --> 00:20:05,200 Speaker 1: know your your grandfather own the Yankees for so long. 377 00:20:05,480 --> 00:20:08,320 Speaker 1: It's a name that a lot of people know. How 378 00:20:08,320 --> 00:20:11,439 Speaker 1: do you kind of utilize the name to help you 379 00:20:11,480 --> 00:20:14,720 Speaker 1: business wise? And are there kind of drawbacks or expectations 380 00:20:15,160 --> 00:20:18,000 Speaker 1: that you feel kind of way you down. It opens 381 00:20:18,119 --> 00:20:21,920 Speaker 1: a lot of doors, especially being twenty three, first year 382 00:20:21,960 --> 00:20:25,400 Speaker 1: in a sport that isn't at the peak of its popularity. 383 00:20:25,760 --> 00:20:27,879 Speaker 1: It helps in the fact that I can get to 384 00:20:27,960 --> 00:20:31,200 Speaker 1: people that probably an ordinary twenty three year old, especially 385 00:20:31,320 --> 00:20:34,439 Speaker 1: one that it's only business is IndyCar to talk to 386 00:20:34,440 --> 00:20:38,360 Speaker 1: these certain kind of people, there's obviously an expectations. It's 387 00:20:38,400 --> 00:20:41,560 Speaker 1: more on the competitive side that people generally expect me 388 00:20:41,600 --> 00:20:44,480 Speaker 1: to win, which is not a bad thing because it's 389 00:20:44,520 --> 00:20:47,280 Speaker 1: sort of what I was raised to expect it myself. 390 00:20:47,440 --> 00:20:50,639 Speaker 1: But yeah, with that name, people kind of expect like, 391 00:20:51,119 --> 00:20:53,600 Speaker 1: all right, here comes Steinbern Racing. Let's see what they got, 392 00:20:53,760 --> 00:20:56,879 Speaker 1: you know it. The fact that we want our second 393 00:20:56,960 --> 00:20:59,399 Speaker 1: race help that. But I feel like, much like for 394 00:20:59,480 --> 00:21:03,520 Speaker 1: the Yankees, expectations can be very high and and uh, 395 00:21:03,680 --> 00:21:06,320 Speaker 1: but it's also the business model. Though the business model 396 00:21:06,359 --> 00:21:10,520 Speaker 1: for the Yankees is predicated on winning. Oh yeah, that's it. 397 00:21:10,680 --> 00:21:13,480 Speaker 1: That's not the same for every major League baseball team. 398 00:21:13,680 --> 00:21:17,560 Speaker 1: Makes things more difficult if you don't, right, And and 399 00:21:17,640 --> 00:21:21,720 Speaker 1: it's it's different in racing because you know, in baseball, 400 00:21:22,000 --> 00:21:26,440 Speaker 1: obviously it's it's extremely difficult to win the World Series. Um, 401 00:21:26,480 --> 00:21:28,520 Speaker 1: but you have a hundred sixty two games a year, 402 00:21:28,880 --> 00:21:32,520 Speaker 1: and if you win dred of them and maybe make 403 00:21:32,560 --> 00:21:36,359 Speaker 1: the Championship Series but lose, like we didn't set you know, 404 00:21:36,480 --> 00:21:39,320 Speaker 1: it stings. Uh. The expectation is to win it all. 405 00:21:39,560 --> 00:21:41,280 Speaker 1: But you know, you look back and you're like, all right, 406 00:21:41,280 --> 00:21:43,359 Speaker 1: that was a good season. On the next year. In 407 00:21:43,440 --> 00:21:46,240 Speaker 1: Indy Car, you have seventeen events a year and you 408 00:21:46,280 --> 00:21:50,520 Speaker 1: have twenty sometimes anywhere from twenty two to cars on 409 00:21:50,560 --> 00:21:54,040 Speaker 1: every event except Indie, which has thirty three, and only 410 00:21:54,119 --> 00:21:56,919 Speaker 1: one car is gonna win that race. I have to 411 00:21:56,920 --> 00:21:59,280 Speaker 1: ask this question, and this is about Pocono, where you 412 00:21:59,359 --> 00:22:03,680 Speaker 1: guys recently were at that racetrack. There is chatter that 413 00:22:03,680 --> 00:22:09,240 Speaker 1: that could be the last race for a while at Pocono. Uh. 414 00:22:09,240 --> 00:22:12,440 Speaker 1: And for people who don't know, it's a racetrack where 415 00:22:12,440 --> 00:22:16,040 Speaker 1: there have been some violent accidents there. Uh. And I'm 416 00:22:16,080 --> 00:22:20,240 Speaker 1: just wondering, are you guys coming back next year to Pocono. Actually, 417 00:22:20,240 --> 00:22:22,320 Speaker 1: I don't. I don't know if I can say, Um, 418 00:22:23,320 --> 00:22:25,840 Speaker 1: I know there's there's talk about it. UM. I don't 419 00:22:25,840 --> 00:22:28,639 Speaker 1: know what's public or what's not. Uh, to be honest, 420 00:22:28,760 --> 00:22:33,040 Speaker 1: so tell us it's all right. I know you guys 421 00:22:33,119 --> 00:22:37,520 Speaker 1: might but it's microphone might not. Yeah, I don't know 422 00:22:37,560 --> 00:22:42,400 Speaker 1: what's public or what's not. Obviously, Pocono, unfortunately the last 423 00:22:42,680 --> 00:22:48,080 Speaker 1: couple of years has suffered from a public relations problem. UM. 424 00:22:48,119 --> 00:22:52,400 Speaker 1: Obviously the nature of the track can cause serious incidents, 425 00:22:52,440 --> 00:22:56,720 Speaker 1: but it's it's not really a unique situation with Pocono. 426 00:22:57,400 --> 00:23:01,480 Speaker 1: I think a lot of the recent problems there have 427 00:23:01,600 --> 00:23:08,000 Speaker 1: stemmed more from really unfortunate coincidence or circumstance, more so 428 00:23:08,080 --> 00:23:11,320 Speaker 1: than the track itself, though it is a very dangerous track. 429 00:23:11,600 --> 00:23:14,600 Speaker 1: Give me your favorite Grandpa George story that says up 430 00:23:14,640 --> 00:23:18,720 Speaker 1: Alma Steine Brenner, and this is showing nuttelling show me 431 00:23:18,760 --> 00:23:22,119 Speaker 1: your best. I'm a product of the George Steinbrenner story. 432 00:23:22,520 --> 00:23:25,359 Speaker 1: So I was young when he passed. I I I 433 00:23:25,440 --> 00:23:27,959 Speaker 1: and I got sort of the late nineties, early two 434 00:23:28,000 --> 00:23:31,960 Speaker 1: thousand's version of my grandfather that was much more subtle. Uh, 435 00:23:32,359 --> 00:23:34,919 Speaker 1: you didn't get the Billy Martin version. No, No, I 436 00:23:35,000 --> 00:23:38,320 Speaker 1: was long after the Billy Martin version. And yeah, from 437 00:23:38,320 --> 00:23:40,720 Speaker 1: what I knew him, he was. I knew him as 438 00:23:40,720 --> 00:23:44,000 Speaker 1: my grandfather most of the time he was around. When 439 00:23:44,000 --> 00:23:47,320 Speaker 1: I was around, I didn't know these fantastical stories. I 440 00:23:47,359 --> 00:23:55,040 Speaker 1: didn't know the crazy worldwide phenomenon or nationwide phenomenon that 441 00:23:55,200 --> 00:23:58,720 Speaker 1: was the late seventies Yankees. So I just knew the 442 00:23:58,760 --> 00:24:03,520 Speaker 1: family man. Um. I knew that the philanthropic man. I 443 00:24:03,600 --> 00:24:08,520 Speaker 1: knew the personal behind closed doors, George Steinbrenner. So for me, 444 00:24:08,840 --> 00:24:11,800 Speaker 1: it's kind of funny hearing this, the crazy stories about 445 00:24:12,280 --> 00:24:15,080 Speaker 1: you know, in the late seventies Yankees and Billy Martin, 446 00:24:15,240 --> 00:24:18,960 Speaker 1: Reggie Jackson and and the seventy eight season, which was, 447 00:24:19,200 --> 00:24:22,040 Speaker 1: you know, just a complete mess of article after article 448 00:24:22,119 --> 00:24:24,520 Speaker 1: of he said, she said, kind of stuff. Let's finish 449 00:24:24,560 --> 00:24:27,480 Speaker 1: up any desire to get into baseball. You're in pro sports, 450 00:24:27,520 --> 00:24:29,959 Speaker 1: but broad in the portfolio at some point. Yeah, it's 451 00:24:29,960 --> 00:24:34,920 Speaker 1: always possibility. Um, I have always loved Yankee baseball. It's 452 00:24:34,960 --> 00:24:37,640 Speaker 1: it's it was my first love. I call it. Um 453 00:24:37,840 --> 00:24:43,119 Speaker 1: favorite player all time are current? I can't all time? 454 00:24:43,920 --> 00:24:48,800 Speaker 1: Was probably Soriano because, um, you know, I was born 455 00:24:48,800 --> 00:24:51,520 Speaker 1: in ninety six, so a lot of those mainstays were 456 00:24:51,560 --> 00:24:54,400 Speaker 1: around my whole life. So when I was four or five, 457 00:24:54,440 --> 00:24:56,760 Speaker 1: when Soriano came around, that was kind of the how 458 00:24:56,800 --> 00:25:00,240 Speaker 1: young you are? Alfonso Soriano was his favorite player? Okay, 459 00:25:00,280 --> 00:25:01,840 Speaker 1: that he was. He was the new guy. He was 460 00:25:01,880 --> 00:25:04,600 Speaker 1: the young guy that that I sort of gravitated too, 461 00:25:04,640 --> 00:25:06,440 Speaker 1: because he was a new face. Was just going to 462 00:25:06,520 --> 00:25:10,760 Speaker 1: be it, and it's got to be. I won't say, 463 00:25:11,000 --> 00:25:13,879 Speaker 1: I won't say current Yankee I do. I have not 464 00:25:14,000 --> 00:25:16,199 Speaker 1: met a single member of the team or seen a 465 00:25:16,240 --> 00:25:18,520 Speaker 1: single member of the team play that I didn't enjoy. 466 00:25:18,960 --> 00:25:22,920 Speaker 1: So uh. In terms of favorites, I couldn't really say. 467 00:25:23,119 --> 00:25:27,159 Speaker 1: Al Right, George Steinbrenner, go ahead, take us out, all right, 468 00:25:27,800 --> 00:25:30,600 Speaker 1: George Steinbrenner, the twenty three year old co owner of 469 00:25:30,640 --> 00:25:34,359 Speaker 1: Harding Steinbrenner Racing. Good luck for the rest of the 470 00:25:34,400 --> 00:25:36,439 Speaker 1: season in Indy car racing, and thank you so much 471 00:25:36,480 --> 00:25:39,040 Speaker 1: for joining us, Thank you for having me. As you 472 00:25:39,080 --> 00:25:42,680 Speaker 1: guys know, the Pocono Raceway is right by my house 473 00:25:43,000 --> 00:25:46,120 Speaker 1: and I enjoy going to see the indie cars right there. 474 00:25:46,160 --> 00:25:48,880 Speaker 1: But as we talked about earlier, there has been some 475 00:25:49,320 --> 00:25:53,080 Speaker 1: very serious accidents there and now there's a question if 476 00:25:53,119 --> 00:25:55,880 Speaker 1: they're going to come back for next year. You may 477 00:25:55,880 --> 00:25:59,560 Speaker 1: have seen your last Indy Car race. May have. George 478 00:25:59,560 --> 00:26:02,920 Speaker 1: wouldn't tell, and George was let's say, we don't discuss 479 00:26:02,960 --> 00:26:06,000 Speaker 1: business at the dinner table, had that going, so we 480 00:26:06,040 --> 00:26:08,920 Speaker 1: don't know. Well, for me, it's the fact how young 481 00:26:09,000 --> 00:26:12,720 Speaker 1: he is. His favorite Yankee. Think about this. We're talking 482 00:26:12,720 --> 00:26:17,439 Speaker 1: about the New York Yankee. The litany of superstars of 483 00:26:17,760 --> 00:26:23,280 Speaker 1: iconic names of Mickey Mantle Joe DiMaggio, and he says 484 00:26:23,400 --> 00:26:29,480 Speaker 1: his favorite player was Alfonso Sorria. No offense to Fonso Sorriano, 485 00:26:29,960 --> 00:26:33,040 Speaker 1: but he may be the only one in the world 486 00:26:33,280 --> 00:26:35,639 Speaker 1: if you ask who's your favorite Yankee of all time? 487 00:26:36,240 --> 00:26:38,960 Speaker 1: And he says Sorriano. I didn't know what I was expecting. 488 00:26:38,960 --> 00:26:40,640 Speaker 1: I was hoping we will get the current Yankee out 489 00:26:40,640 --> 00:26:45,560 Speaker 1: of him, just for fun. But Alfonso Sriana I very savvy. 490 00:26:45,600 --> 00:26:47,880 Speaker 1: Though I love he wouldn't tell us to Curry. Knew 491 00:26:47,880 --> 00:26:50,479 Speaker 1: that might get him in trouble. Yeah, my take. I mean, 492 00:26:50,520 --> 00:26:53,000 Speaker 1: I appreciate the way that he you know, he fell 493 00:26:53,040 --> 00:26:54,680 Speaker 1: in love with racing at at a young age and 494 00:26:54,720 --> 00:26:57,000 Speaker 1: a in a baseball family, and and and to say 495 00:26:57,280 --> 00:27:00,199 Speaker 1: it was going to be his his passion um and 496 00:27:00,240 --> 00:27:03,320 Speaker 1: his his origin story with Colton Hurta, his nineteen year 497 00:27:03,359 --> 00:27:05,520 Speaker 1: old driver. You know that it seems like they're buddies. 498 00:27:05,560 --> 00:27:07,800 Speaker 1: They play video games together, and it seems like a 499 00:27:07,880 --> 00:27:10,160 Speaker 1: nice story. And I mean, you know, it's an IndyCar 500 00:27:10,640 --> 00:27:13,080 Speaker 1: sport I don't know much about. I now have a 501 00:27:13,080 --> 00:27:17,879 Speaker 1: team that I'm interested in. It feels better to be 502 00:27:17,920 --> 00:27:19,800 Speaker 1: a number one than number five. I'll wear a number. 503 00:27:19,880 --> 00:27:21,439 Speaker 1: Because of Mike, we have a chance to go for 504 00:27:21,480 --> 00:27:23,160 Speaker 1: three in a row. Kids numbers at a good time. 505 00:27:23,200 --> 00:27:25,280 Speaker 1: When I first started wearing the number, I would just 506 00:27:25,359 --> 00:27:29,359 Speaker 1: happy in Floomberg Business of sports, the number of the week. 507 00:27:29,920 --> 00:27:33,800 Speaker 1: I'm now for the number of the week. Nineteen. That's 508 00:27:33,840 --> 00:27:35,800 Speaker 1: not the one we discussed. Not the one we discussed, 509 00:27:35,800 --> 00:27:38,399 Speaker 1: because when when this popped up, I said, I couldn't 510 00:27:38,480 --> 00:27:44,800 Speaker 1: let this go. Nineteen nine teen, nothing ringing any bills. 511 00:27:45,280 --> 00:27:48,680 Speaker 1: The number of leads the Jets are gonna blow this year, 512 00:27:49,480 --> 00:27:53,879 Speaker 1: you are on the right track. Number of interceptions. I 513 00:27:53,880 --> 00:27:57,760 Speaker 1: don't know it is pertaining to the NFL. This is 514 00:27:57,800 --> 00:28:04,560 Speaker 1: the spread for Sunday's game, the Patriots against the Miami Dolphins. 515 00:28:05,040 --> 00:28:09,080 Speaker 1: The points nineteen. I have never seen us. Where's the game? 516 00:28:09,760 --> 00:28:11,720 Speaker 1: I know, I think it's okay. I don't know. I 517 00:28:11,800 --> 00:28:15,840 Speaker 1: want's see July, isn't it? I don't know, But at 518 00:28:15,960 --> 00:28:19,040 Speaker 1: nineteen nineteen it's a lot of points. There was a 519 00:28:19,119 --> 00:28:21,800 Speaker 1: Jaguars game a couple of years ago against Peyton Manning 520 00:28:21,800 --> 00:28:24,800 Speaker 1: and the Broncos that was twenty something. But nineteen is 521 00:28:25,160 --> 00:28:28,040 Speaker 1: way too many points for for modern day NFL. In 522 00:28:28,040 --> 00:28:30,680 Speaker 1: my opinions, we're not a town service. Guys, don't listen 523 00:28:30,680 --> 00:28:33,200 Speaker 1: to what we're saying. Okay, we have no idea. Just well, 524 00:28:33,480 --> 00:28:36,040 Speaker 1: I mean there's a quick question. You know, there's the 525 00:28:36,080 --> 00:28:41,040 Speaker 1: rumors that Miami's tanking this season. Yeah, so that's were 526 00:28:41,080 --> 00:28:43,520 Speaker 1: so good in the opener. I know that. Yeah, back 527 00:28:43,560 --> 00:28:47,240 Speaker 1: to Stephen Ross. Thank you. You've been listening to Bloomberg 528 00:28:47,240 --> 00:28:49,160 Speaker 1: Business of Sports. We are here each and every week 529 00:28:49,200 --> 00:28:51,640 Speaker 1: at the same time, plus online as an Apple podcast, 530 00:28:51,840 --> 00:28:54,760 Speaker 1: and you can catch that Mondays, Wednesdays and Thursdays. I'm 531 00:28:54,800 --> 00:28:58,080 Speaker 1: Michael Barr on Twitter at Big Bar Sports, I'm Novie 532 00:28:58,120 --> 00:29:01,600 Speaker 1: Williams at no V Underscore Williams, and I'm Scott Sashnik. 533 00:29:01,640 --> 00:29:03,880 Speaker 1: You can follow me on Twitter at sash Nick. Thank 534 00:29:03,920 --> 00:29:05,840 Speaker 1: you very much for joining us, and please tune in 535 00:29:05,880 --> 00:29:08,640 Speaker 1: next week when we once again speak with the biggest 536 00:29:08,680 --> 00:29:11,320 Speaker 1: and brightest in the sports business industry. You're listening to 537 00:29:11,320 --> 00:29:14,719 Speaker 1: Bloomberg Business of Sports from Bloomberg Radio around the world.