When it comes to NASCAR, it’s a race to the bottom

NASCAR’s sponsorship numbers are down significantly in the past year.

The sport lost $10.3 million in the last three months of 2016, according to the latest figures from media company Nielsen.

“NASCAR sponsorships were down by nearly $10 million from the year before, and that is a big concern for fans,” Nielsen CEO Doug Herzog said in a statement.

NASCAR’s revenue has been falling for decades, but the drop is particularly noticeable in the sponsorship business.

Major sponsors have dropped more than $100 million from 2015 to 2016, while smaller ones like sponsorships for TV stations and race teams have dropped by $40 million.

While sponsorships are still the number one source of revenue for NASCAR, the sport’s financial problems are putting an even bigger strain on its business model.

At least four major sponsors have already announced plans to stop sponsoring races in the near future.

A pair of NASCAR teams announced last week that they are pulling out of the series altogether, as well.

ESPN and Disney have announced plans in the future to sell off their television rights, and ESPN’s CEO has called for a major restructuring of the sport.

And a number of the biggest sponsors have cut ties with the sport entirely, including AT&T, Time Warner and General Electric.

Advertisers have been left to fill the void, and NASCAR has seen some big losses.

In the first quarter of this year, NASCAR lost $2.5 million in total sponsorship revenue, according the Associated Press.

That is down from the same quarter last year, when the sport lost more than double that amount.

On the upside, NASCAR is still the biggest driver in the sports, accounting for nearly 80 percent of all race attendance.

Its $4.7 billion in annual revenue, though, is still well above the industry average.

It is expected to reach $6 billion in 2019, according Nielsen.