Also in this playlist...
This transcript is automatically generated
Shocking news that -- -- start one of the sport's biggest stars Tony Stewart hadn't had a great year he's leaving Joseph Gibbs racing.
Where he won two championships and is going to be starting his own team next season.
Our next -- can certainly identify a year ago.
He's -- NASCAR's most popular driver Daryl Earnhardt junior -- -- family business the EI Dale Earnhardt Inc.
and sign with another team.
As the president global operations for DI Max Siegel.
Was involved in negotiations with Dale Junior and he joins us now what you take on some tough case.
It was it was a tough year where we should explain what happened -- not everybody out there knows about this.
Had kind of a feud going with his his stepmother correct.
Yeah it was sensationalized.
But he definitely had their differences they had their differences and Dale Junior that's that's this this stepmother I believe.
Teresa and and Dale Junior demanded 51% of the company's -- like that and then there.
That's about the point at which you stepped -- you stepped into the right in the middle of all this head up the enterprise yeah I was so welcome and ask that.
If I -- is about -- there absolutely on the job training so so so how did you carry on from there.
Well you know I think the thing that I immediately recognize about that negotiation was it was about the spin out of control.
You know we had family issues that -- been.
Exploited in the press and so what I try to do really -- just to neutralize the situation and focus on the business issues that we had in them.
Really handle it with some dignity that was folks can see right now they can see that you've got such a calm demeanor and yet.
You're one of those guys who you know you want in that the hot spot because you know that you're gonna.
You're gonna calm down the turbulent water do you were you successful and I know Dale Junior left.
Have things come down now it Dale Junior and a bright yeah I think that down over our company we stabilize things and he's learner and he always will be -- -- family.
And we've maintained really positive relationships when he left the company to do -- he wanted to do.
He definitely wanted to make sure that the company with stable on healthy so it's a great relationship now I'm happy for his success this year and -- moving forward in a positive way as well.
Now the awful year of course it was ironic it was 2001 it was an awful year for the country as well but when Dale Senior died.
A lot of people thought then the company would go under it didn't write them when Dale Junior had his problems with a company and -- -- by thought -- would not.
How do you keep getting the momentum back well -- say what it's a testament to the people who work in the company we have 476.
People motor sports.
Many of them with the -- ten years or more they're resilient today focused they're very passionate.
And many of our employees were parsley -- by dale and Teresa so they're really dedicated to the company and what they'll sit for -- -- Really want to represent his legacy well by the way as a manager.
Does it help to come in at them at their most difficult possible moment -- does -- make your job from Iran a little easier.
It's been it's been an uphill battles I think a couple of great parents not I don't know what are where they developed as a result of all of I teased -- time -- -- have been on the jets when he is but but you know the fact of the matter is that the media scrutiny is just incredible and death for us we have such a great organization.
Just battling back the public perception being strong organization after losing the sport's most popular drivers challenging but.
Everyone's rally behind the company and you know we're moving along everybody said well and then and it happens out of as I mentioned that -- steam is loses Stewart Stewart has had a very difficult.
Several months you can't seem to get his momentum got a lot of bad luck and there is this but how do you go about trading trading some of the top drivers in your industry now how -- -- go about -- For example would you -- -- to court Stewart.
Well he has zone situation he's a phenomenal talent and his mother wanted to get his own company I don't know I think that his move actually shows a sophistication of the drivers and understand what their -- -- in the sport.
That is -- franchise but.
You can hear people that are available you fill out the waters try to see if it's a -- that we organization and every year you get free agents come and you know I've talked to a lot of NASCAR drivers who admire Formula One even though it's a totally different kind of driving different -- cars -- -- Have you ever gone out and tried to get some of the Formula One racers to come over to NASCAR.
-- you know you you look at organizations like -- and asking who has brought over some incredible drivers from the IndyCar the Formula One series -- we've taken a look at it it's a it's a unique skill set to compete at the highest level in NASCAR.
And today drivers -- to switch ourselves -- -- because they're challenged by the -- looking for new -- it's a tremendous challenge but the technology is fascinating to.
So we're always trying to compare and recruit talent on the technology side of the sport as well I can ask have you ever driven sports car absolutely man.
You happen that way I've June 1 but not one that -- races around that track now is that at an advantage or disadvantage.
Well for me I think that.
Some would say it's a disadvantage but I think that you know somewhat -- in and -- -- taken a step back.
It gives you an opportunity to listen to -- staff and figure out what it is that they need and you can challenge him off the time someone say you know how to race them like great we'll explain to me.
So -- our -- is sometimes you get so involved in the inside that you forget what the people on the outside don't know well you know you could challenge people and it's.
NASCAR's every bit of complex business it's entertainment and it's competition so is NASCAR growing because a lot of people said it it it reached its Xena fell about a year ago and and now with the economy it's fallen off a bit well I think it's a healthy sport I'm experienced exponential growth for many many years and still growing at a healthy pace plateaued a little bit.
Very mature industry but I think that there's a lot of opportunity for growth in the sport as well.
One of the things it has to happen I think is that the rules have to become a little more simplified -- -- folks out there and understand well we're trying to understand I'm on a weekly basis to I mean that's as somebody who's not a driver was it tough for you to figure out how they -- things and -- -- way you know I think that the thing about it is until you experience it personally it's hard to understand the strategy that's involved and it's a fascinating -- them.
You know you think that the cars going round and round for hours but there's so much strategy there's so much technology is just a fantastic sport and finally got to ask how is your -- family doing.
Everyone's doing fine everyone's you know moving along and doing great.
Well it's terrific to see in that position congratulate thank you -- you have baptism by fire while bank what a job congratulations thanks very much coming up --
Filter by section