Is NASCAR For Sale?

posted by Charlie Munson -

NASCAR's majority owners are reportedly looking into the potential sale of their stake. Reuters reports while discussions are exploratory and that no deal is imminent, the France family has real interest in selling the company. The France's have owned NASCAR since its inception in 1948. Reports are that the family has talked with Goldman Sachs about the possibility of a sale.  ESPN is reporting that a sale, while not a done deal, is possible.  Estimates of a sale price reach into the billions of dollars.  Neither NASCAR nor Goldman Sachs have commented for the record about the story

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Charlie Munson

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