Guys,
Intriguing stuff. But my initial point, "It is what it is and always will be what it is" stands, at least for me. Both Rich and Mike have seen the sport through its "peak" days. And even at its zenith, it was ... fringe. Either one of you care to disagree?
Now, that doesn't mean it can't find an audience, and we have cable television to thank for that. My god, I watched some nut job wrestle a huge python in a guano-filled cave the other day, and damn I was entertained. If you can package some kook rolling around in bat **** with a scary-big snake, you can package anything.
Just don't expect it to outdraw "American Idol" or "I Love New York" or "Flavor of Love."
As far as recreating the sanctioning body/promotional organization goes ... it needs to be a well-funded dictatorship, and not (all apologies, Brownie, now be a good buy and take your meds) benevolent. Rules need to be rules for everyone. No one in NASCAR tap-danced in delight when they changed from the SB-2 to the RO-7 engine. That made shops full of high-dollar small-blocks obsolete. But if you wanted to play, there was no choice. No grandfathering, no "Can't we wait another year?"
Having reread this thread, Mike, I have to say this: I think it's a mistake to point fingers at the "splinter group" for the LLC's demise. Granted, I think splinter groups are a mistake as they invariably become what they once despised. But if that many people were disenchanted ... like you said, people in business make mistakes. But as I'm sure you'll agree, a big part of business is managing personal relationships. If that many people went south on the LLC, maybe the LLC had a least some responsibility for their flight. Don't want to go tit for tat, but I think there's a degree of responsibility on the part of the LLC, in terms of creating the climate for that group to exist, that you're not owning.
On another note ...
At the time GM came on as a sponsor, I asked you during your Key West press conference how you thought that would fly with Mercury Racing. Seemed like an obvious question to me, but my colleagues in the press inexplicably lost their voices. You said, "How did I know YOU would ask that question?" And everyone in the room laughed.
It was a good moment.
But with Fountain and Mercury Racing gone as sponsors, for whatever reason (and likely we'll never agree on why and that's OK) the LLC was in deep trouble, and I'm not talking financially. (Those sponsorships, though decent for offshore racing, couldn't even come close to supporting a race-sanctioning business.) Perception and opinion were not working in the LLC's favor. Seems to me things went terminally south from there.
You always said I treated you fairly and respectfully. I appreciated that. Felt the same way. Just offering my take, from the outside. You were on the inside, and I respect that as well.