Kelley Earnhardt Miller welcomes Howard Hitchcock and Richard Barry, the CEO and COO of Lionel Brands Group, to the Business of Motorsports for a conversation that pulls back the curtain on one of NASCAR's most beloved and misunderstood businesses. What most fans see as a toy or a souvenir is actually the product of a 12-to-18-month process involving complex CAD data from OEM tech centers, hand-applied waterslide decals, Chinese factory peak seasons, and approval chains that run through teams, NASCAR, Goodyear, and every single sponsor on the car. Howard and Richard break down why scarcity is not a bug but a feature, how the collapse of single-sponsor deals reshaped the entire product line, and why getting confetti placement right on a Chase Elliott victory car matters more than most people would ever imagine. They also get personal, talking about what drew Richard to invest in a brand with 126 years of history, why Howard collects presidential china, and how a three-year-old kid getting a diecast signed at a fan event captures everything this hobby is actually about. If you have ever wondered how a win on Sunday becomes a collectible in your hands months later, this is the conversation that explains it all. Chapters: 0:00:00 Intro 0:02:06 Is NASCAR Diecast a Toy, Collectible, or Memorabilia? 0:05:04 Collectors vs. Kids: How Fans Buy Diecast 0:10:00 Why Lionel Brands Group Acquired Lionel Racing 0:15:06 Protecting Collectability Without Overproducing 0:18:18 How the NASCAR Diecast Business Has Changed 0:23:35 Managing Demand, Scarcity & Sellouts 0:28:28 How Today’s Collectors Differ From the Past 0:31:35 Tooling, CAD Design & Building New Diecast Molds 0:35:01 How a NASCAR Diecast Goes From Concept to Production 0:41:13 The Challenge of Autographed Diecast 0:43:14 Licensing Rules, Sponsors & Approval Challenges 0:46:03 Cars Lionel Wanted to Make But Couldn't 0:51:34 Future Innovation & Reviving Classic Collectibles 0:53:31 The Most Memorable NASCAR Diecast Releases 0:56:20 Do Collectors Buy With Their Heart or Their Wallet? 0:57:30 Why Diecast Matters for the Next Generation of Fans 1:03:44 Lionel Racing’s Relationship With NASCAR 1:10:54 What Makes a Collectible Truly Valuable? 1:11:40 Protecting the Future of Lionel Racing & the Hobby THE PODCASTS YOU LOVE. THE MERCH YOU NEED. Get it all here: https://shop.dirtymomedia.com/ Follow Dirty Mo Media Facebook: https://www.facebook.com/DirtyMoMedia Twitter: https://twitter.com/DirtyMoMedia Instagram: https://www.instagram.com/dirtymomedia TikTok: https://www.tiktok.com/@dirtymomedia_ All About Dirty Mo Media: https://www.dirtymomedia.com FanDuel: Must be 21+ and present in select states (for Kansas, in affiliation with Kansas Star Casino) or 18+ and present in D.C. First online real money wager only. $5 first deposit required. Bonus issued as nonwithdrawable bonus bets, which expire 7 days after receipt. Restrictions apply. See terms at sportsbook.fanduel.com. Gambling Problem? Call 1-800-GAMBLER or visit FanDuel.com/RG. Call 1-888-789-7777 or visit ccpg.org/chat in Connecticut, or visit mdgamblinghelp.org in Maryland. Hope is here. Visit GamblingHelpLineMA.org or call (800) 327-5050 for 24/7 support in Massachusetts or call 1-877-8HOPE-NY or text HOPENY in New York.