“As all good organizations do, NASCAR is devoted to strengthening its own performance to make sure that resources are adapting to plans that grow the activity and drive business,” NASCAR said in a statement.
“We have a talented team at NASCAR and we’re confident that greater focus on the opportunities to drive fan interest and powerful industry partnerships may help our sport achieve longterm growth.
Sources told Motorsport.com said that the Treaty were ldquo;company-wide,” extending through all offices and aspects of their motor sports sanctioning body, including competition.
The amount of employees affected was five percent, that will likely translate to between 50 and 100 employees, sources said. NASCAR declined to name any of those employees changed.
ISC now owns 1 3 paths that together hold 1 9 of the 36 events on the schedule of NASCAR’s highest Dragon Energy NASCAR Cup Series.
The stated goal was to unite ISC and NASCAR as a individually run set of organizations run exclusively from the France family.
That move came on the heels of a report earlier this season that NASCAR had got the services of Goldman Sachs Group Inc., to seek out potential buyers of NASCAR itself.
Asked about the possibility of a sale within a meeting on Sirius-xm NASCAR Radio,” then-CEO Brian France stated, “We’re focused on developing and handling NASCAR. There’s nothing to record on that. Rumors are almost always interesting, but theyrsquo;re infrequently right. Even the France family, we’re locked and loaded within our devotion to NASCAR.