News and Analysis Everyday Contact our Licensing Department Today

New ticket insurance deal from NASCAR


Published: Aug. 20, 2007 at 3:55 PM
JACKSON, Mich., Aug. 20 (UPI) -- Starting next season, NASCAR fans in Michigan will be able to purchase insurance with their tickets, allowing them to get money back if a race is rained out.

The announcement came after Sunday’s rainout at the Michigan International Speedway, the first time a NASCAR race has been postponed there since 1977, the Jackson Citizen-Patriot reported.

At the moment, fans who cannot make it to the rescheduled race date are out of luck, but ticket insurance company World Access has announced a deal with MIS owner International Speedway Corp. to offer insurance in the future.

"Something like this is perfect for a rain date," said Sammie Lukaskiewicz, director of communications for MIS. "The unfortunate part about motorsports is that we can't put a dome over it.”

The cost has not yet been settled, but in a similar deal with Dover International Speedway in Dover, Del., the insurance plan cost 5 percent of the price of the ticket with a minimum of $6.25.


© 2007 United Press International. All Rights Reserved.
This material may not be reproduced, redistributed, or manipulated in any form.

THE PLAYERS CHAMPIONSHIP
Sergio Garcia, from Castellon, Spain, celebrates his par putt on #18 that sent him into a sudden death with Paul Goydos at the The Players Championship PGA golf tournament in Ponte Vedra Beach, Florida on May 11, 2008. Garcia won the tournament. (UPI Photo/Mark Wallheiser)
Final round of the The Players Championship in Florida
Full Photo | Slideshow