Predicting The Outcome Of NASCAR Races: The Role Of Driver Experience
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Abstract
As national interest in NASCAR grows, the field of sports economics is increasingly addressing various aspects of this sporting contest. The outcome of NASCAR races is of particular interest to fans and thus, models describing and predicting the outcome of NASCAR races are beginning to emerge. This paper builds a model predicting the outcome of NASCAR races using NASCAR data. The outcome is hypothesized to depend on a set of variables and looks in particular, at the importance of driver experience. The findings of this paper conclude that driver years of experience do in fact play a significant role in predicting the outcome of NASCAR races.
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