There Are Rumors NASCAR Owners Are Selling The Series
May 18th, 2018
This could be the big one for the NASACAR series. Fox News reports that NASCAR’s majority owners are reportedly in talks to sell their stake in the stock car racing sanctioning body.
There have been three sources that have confirmed that the owners have been working with Goldman Sachs to identify potential buyers since attendance and ratings continue to decline. Forbes magazine has estimated the combined net worth of the France family, who owns the majority, at over $5 billion. So, the sticker on this sale is expected to be a high one. What are your thoughts?