New to The Street(R) Signs Skip Barber Racing School to Upgraded 12-Part National Broadcast and Media Partnership
NEW YORK CITY, NEW YORK / ACCESS Newswire / May 15, 2025 / New to The Street, the nation's fastest-growing business media platform, proudly announces an expanded 12-part broadcast and media partnership with the iconic Skip Barber Racing School, widely regarded as the premier training ground in American car racing.
This strategic collaboration will bring New to The Street's full media platform - including sponsored programming on Fox Business and Bloomberg Television, 2.5M+ YouTube subscribers, Times Square billboards, NewsOut earned media, and daily digital promotion - to showcase the Skip Barber experience to a national and global audience.
As part of the partnership, New to The Street will activate custom storytelling opportunities for automotive OEMs looking to elevate their brands through the Skip Barber ecosystem. From race car liveries to classroom integrations and cross-platform advertising, this initiative is designed to help automakers position new vehicle models in front of performance-driven consumers and enthusiasts.
'Skip Barber is more than a racing school - it's an American institution,' said Vince Caruso, Co-Founder and CEO of New to The Street. 'By bringing our full-scale media engine to Skip Barber, we're creating a one-of-a-kind platform for OEMs to launch, position, and emotionally connect their newest vehicles with the next generation of buyers.'
Filming begins this summer at key U.S. racetracks and at the New York Stock Exchange, with extended coverage across international business media platforms in Europe and Asia.
About Skip Barber Racing School
Since 1975, Skip Barber Racing School has trained more than 400,000 drivers and champions across Formula 1, IndyCar, IMSA, and NASCAR. Its nationwide training programs serve aspiring professionals, corporate teams, and driving enthusiasts alike.
About New to The Street®
A powerhouse in business media, New to The Street broadcasts sponsored segments across Fox Business and Bloomberg Television, reaches over 2.5 million subscribers on YouTube, and commands national attention through outdoor placements and earned media. Its unique blend of credibility, coverage, and capital access makes it the go-to platform for innovative brands seeking massive visibility.
Media Contact:
Monica Brennan
[email protected]
SOURCE: New To The Street
press release
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
CNBC
30 minutes ago
- CNBC
CNBC's The China Connection newsletter: New bets, old worries
Even if AI and robots offer an exciting future, the daily grind for many in China holds more worries. Among the trickle of gloomy headlines this summer, one stirred so much online attention that a state-run social media account published a commentary on Saturday to allay fears. The concern was that a court ruling kicking in on Sept. 1 would force struggling businesses to buy national insurance for all employees, amid frequent talk of pay cuts and merciless competition. But in reality, the ruling isn't something new. "It's not that the government changed the policy, it's that [many businesses] hadn't followed the policy," said Wen Biao, general manager at Shenzhen-based Qianhe Technology Logistics, in Mandarin remarks translated by CNBC. It's a grey area that wasn't enforced, enabling workers to take home more pay or businesses to spend less on labor. China's "social" insurance program includes health and retirement coverage, which means the cash is locked up for medical events or retirement decades away. The renewed attention has fueled discussions on low wages and frequent overtime work, adding to depressed sentiment. In late July, the jobs outlook fell to a record low, according to a quarterly survey by China's central bank. That prompted Morgan Stanley to cut its reading on social sentiment in China to the lowest level since the beginning of the Covid-19 pandemic. Consumer sentiment in the U.S. has also deteriorated, according to a preliminary read for August compiled by the University of Michigan. While American consumers are not bracing for the worst, as they were at the escalation in trade tensions in April, many still expect inflation and unemployment to worsen, the report said. Trade tensions persist, despite the U.S. and China last week extending a trade truce until mid-November. But that still leaves tariffs of around 55% on most Chinese exports to its largest trading partner. China's stronger-than-expected export growth has obscured insufficient domestic demand, said Bruce Pang, adjunct associate professor at the Chinese University of Hong Kong business school. It hasn't taken long for those issues to appear. In just the last several days, data releases for July showed that new bank loans unexpectedly dropped for the first time in 20 years. Retail sales, industrial and investment figures missed expectations — underscoring a still unresolved real estate slump — that Chinese Premier Li Qiang acknowledged in a government meeting Monday. Li called for more effective measures to address the property market, stabilize market expectations and ensure social stability. China's property and construction sector once accounted for more than a quarter of China's GDP and is still the main driver of household wealth. Local governments have also struggled financially after losing revenue from land sales to developers. To address the real estate challenge, Luo Zhiheng, chief economist at Yuekai Securities, proposed Monday that the central government create a 2 trillion yuan ($280 billion) fund to finish building qualified real estate projects. He also called for more financial support for local governments. Despite the headwinds, Beijing has kept its official growth target at around 5% for the year — a goal Premier Li reiterated this week. Pang from the Chinese University of Hong Kong said the economy is still able to achieve the goal, despite some loss of momentum. In his view, business confidence was worse last year, and now it's just a matter of time for policy to take effect. The challenge is that the external situation may disrupt those plans, he said, noting that any additional stimulus hinges on uncertainty around U.S.-China trade tensions and a possible Federal Reserve interest rate cut. But as China's domestic economy slogs through a transition away from real estate, its companies are turning overseas. For Wen of Qianhe Technology, his main business in logistics and overseas e-commerce has been hit by the U.S.-China tensions. He doesn't expect a resurgence of orders, unless tariffs drop significantly before the trade truce expires in November. "It's not just China; the entire world is in a state of unrest," he said. But he's still upbeat. To him, the tensions have just sped up a generational opportunity for Chinese businesses to invest in factories abroad — much like how Singapore, Hong Kong and Taiwan firms once shifted manufacturing to the mainland after China joined the World Trade Organization in 2001. James Peng, CEO of said that the robotaxi company is racing towards profitability as its Gen-7 robotaxi gets cheaper to make. Joe Ngai, Greater China chairman at McKinsey, said Chinese companies are increasingly producing products that have a global market, like Labubus, TikTok, and Black Myth: Wukong — but there's some way to go before they become 'truly global'. Robin Xing, chief China economist at Morgan Stanley, said investors are just shrugging off China's soft data numbers and policy laws. He added that the upcoming fourth Plenum meeting will be much more important than a conventional cyclical parliamentary meeting. Shein's IPO saga continues. The fast-fashion giant is considering moving its base back to China from Singapore as it tries to court Beijing's approval for its long-awaited IPO, Bloomberg reported on Tuesday. Tencent has enough AI training chips. That's what its President Martin Lau told investors last week, after the company reported AI-driven improvements helped boost marketing services revenue by 20% in the second quarter. China's electric car investments ramp up. For the first time, the industry has invested more in factories overseas than at home, according to a report published Monday by U.S.-based consulting firm Rhodium Group. China and Hong Kong stocks inched higher amid mixed trading in the region on Wednesday as investors parsed China's loan prime rate decision. Hong Kong's Hang Seng index climbed 0.19%, while the mainland's CSI 300 added 0.99% after China left its key lending rates steady in August for a third straight month, matching market forecasts. The mainland benchmark is up over 8% year to date, data from LSEG 27: July industrial profits
Business Insider
37 minutes ago
- Business Insider
Eli Lilly (LLY) Sells Record $6.75 Billion of Corporate Bonds
Pharmaceutical company Eli Lilly & Co. (LLY) has priced its biggest-ever sale of U.S. investment-grade corporate bonds. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. The debt issuance includes a 40-year bond, which is extremely rare among U.S. corporations today given elevated interest rates and high borrowing costs. The Indiana-based drug maker sold a total of $6.75 billion worth of debt in seven parts, with the 40-year tranche yielding 0.73 percentage points above current U.S. Treasuries. The deal also includes a 30-year portion, as well as maturities ranging from three to 10 years, according to the company. Eli Lilly plans to use proceeds from the bond sale for general corporate purposes, which may include paying down some of the company's debt, which currently stands at about $35 billion. Long-Dated Bonds Eli Lilly's latest bond offering comes amid a limited supply of long-dated corporate bonds. Just 11% of high-grade debt sold this year had a maturity of 30 years or more, down from 15% in 2024, as companies are increasingly hesitant to lock in elevated borrowing costs for long periods of time in the current market. Eli Lilly was one of several well-known American companies to tap the bond market on Aug. 18. Other borrowers included McDonald's (MCD), Marriott International (MAR), and Charter Communications (CHTR). Companies in the U.S. are issuing debt now ahead of a seasonal slowdown in early September, and with spreads at their lowest level since 1998. Is LLY Stock a Buy? The stock of Eli Lilly has a consensus Strong Buy rating among 22 Wall Street analysts. That rating is based on 17 Buy and five Hold recommendations issued in the last three months. The average LLY price target of $924.42 implies 30.22% upside from current levels.
Business Insider
an hour ago
- Business Insider
Budweiser Stock (BUD) Looks Merrier as it Makes Trump-Friendly U.S. Investment Pledge
President Trump is likely to have raised a glass today to Budweiser-owner Anheuser-Busch InBev (BUD) after it revealed plans to invest $15 million in its facility in St. Louis. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Shares in BUD were 1% higher in pre-market trading. Domestic Brew Although that figure by itself is unlikely to pop any corks in the White House, it does show that AB InBev is making good on its previously announced $300 million commitment to boosting U.S. manufacturing. It also follows its announcement earlier this month of a new $9 million investment in its Baldwinsville, NY brewery and a $17 million investment in its Houston brewery. This, of course, has been one of the key pillars of Trump's tariff strategy – to increase domestic making of stuff and having American workers do the hard graft. The funds, announced today, will support supply chain infrastructure to transport domestically grown ingredients to the company's St. Louis, Missouri brewery and help deliver beer brands including Budweiser and Bud Light to consumers. Tariff Defense AB said it has invested nearly $2 billion over the last five years in 100 facilities across the U.S., but the onus on manufacturing in the States has no doubt been spurred on by the strategy of the Trump administration. In order to avoid crippling tariffs, a number of high-profile firms have committed to ramping up U.S. spending, from tech giants such as Apple (AAPL) and Nvidia (NVDA) to motor manufacturer Honda (HMC) and pharmaceutical giant AstraZeneca (AZN). Budweiser has previously said it was boosting investments in key brands and ramping up efforts to grow at-home consumption, as spending elsewhere – including in bars – remains pressured. In the first quarter AB InBev said overall volumes declined by 1.9%, impacted by weak demand in China and Brazil. However, it added that North America and Europe showed 'resilience', with top and bottom-line growth. Is BUD a Good Stock to Buy Now? On TipRanks, BUD has a Strong Buy consensus based on 7 Buy ratings. Its highest price target is $90. BUD stock's consensus price target is $78.83, implying a 28.07% upside.
