Was WWF racing(ie, crashes, explosions, cars flipping end over end at 200MPH) the end...

...of Indy 500? When you see the advertisements for a NASCAR race, what's the bait to get the viewer to watch?

Did the mentality of the average American drop so low as to make the INDY 500 irrelevant, since we don't see nearly as much carnage?
 
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