I did one of these EWR diaries once... I ran as the SWF (my e-fed), adding it as an opposing league to WWE. I also deleted TNA, signed some of their top guys, and brought them into the SWF in an invasion angle. It was fun for awhile. I'd do it again if I ever had the time.
I'm not really a racing fan, but being a Central Florida resident, I have a number of friends who were devastated when this happened.
I remember I had to tell the news to one of my closest friends because he didn't get a chance to watch TV that day. A couple others were actually at the race.