The National Association for Stock automobile Auto Racing (NASCAR) could be a family-owned and -operated business venture that sanctions and governs multiple auto racing sports events. it absolutely was founded by Bill France Sr. in 1947–48. As of 2009, the CEO for the corporate is Brian France, grandson of Bill France Sr. NASCAR is that the largest sanctioning body of stock automobile racing within the u. s.. The 3 largest racing series sanctioned by NASCAR are the Sprint Cup Series, the Nationwide Series, and also the Camping World Truck Series. It additionally oversees NASCAR native Racing, the Whelen changed Tour, the Whelen All-American Series, and also the NASCAR iRacing.com Series. NASCAR sanctions over 1500 races at over a hundred tracks in thirty-nine US states and Canada. NASCAR has presented exhibition races at the Suzuka and Motegi circuits in Japan, Mexico, and Calder Park Raceway in Australia.
NASCAR’s headquarters are located in Daytona Beach, Florida, though it additionally maintains offices in four North Carolina cities: Charlotte, Mooresville, Concord, and Conover. Regional offices also are located in ny town, l. a. , Bentonville, Arkansas, and international offices in Mexico town and Toronto. Additionally, due to its Southern roots, all however a few of NASCAR groups are still based mostly in North Carolina, particularly close to Charlotte.
NASCAR is second solely to the National soccer League amongst skilled sports franchises in terms of tv ratings within the u. s.. Internationally, NASCAR races are broadcast in over a hundred and fifty countries. In twenty04 NASCAR’s Director of Security stated that NASCAR holds seventeen of the highest 20 frequently attended single-day sporting events within the world NASCAR has seventy five million fans who purchase over $3 billion annually in licensed product. Fortune five hundred corporations sponsor NASCAR over the other motor sport, though this has been in decline since the first 2000s.