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France family explore sale of NASCAR #4750299
05/07/18 04:17 PM
05/07/18 04:17 PM
Joined: Sep 2004
Posts: 21,726
Orlando, FL
Mr Nice Offline OP
Mr Nice  Offline OP
Joined: Sep 2004
Posts: 21,726
Orlando, FL
France family explore sale of NASCAR.

The France family, which controls NASCAR, is working with investment bank Goldman Sachs to identify a potential deal for the company, according to Reuters' sources, who cautioned that the deliberations are at an exploratory stage and no agreement of any kind is certain.


https://www.cnbc.com/2018/05/07/majority-owners-explore-sale-of-nascar-sources-say.html




Re: France family explore sale of NASCAR [Re: Mr Nice] #4750303
05/07/18 04:22 PM
05/07/18 04:22 PM
Joined: Nov 2011
Posts: 3,973
Lima, Ohio, USA
earlyre Offline
earlyre  Offline
Joined: Nov 2011
Posts: 3,973
Lima, Ohio, USA
ummm...yay!?!????

i guess...


Mine:
09 Mercury Sable : 6qts AutoQuest(Meijer/Warren) 0w20, WIX 51516
Mine to Maintain:
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Re: France family explore sale of NASCAR [Re: Mr Nice] #4750307
05/07/18 04:26 PM
05/07/18 04:26 PM
Joined: Jun 2016
Posts: 3,225
MN
oil_film_movies Offline
oil_film_movies  Offline
Joined: Jun 2016
Posts: 3,225
MN
And NASCAR is worth what????
Ricky Bobby is calling a meeting at Applebee's to discuss the worth:

Re: France family explore sale of NASCAR [Re: Mr Nice] #4750309
05/07/18 04:34 PM
05/07/18 04:34 PM
Joined: Jul 2013
Posts: 2,231
Outer Banks, NC
NormanBuntz Offline
NormanBuntz  Offline
Joined: Jul 2013
Posts: 2,231
Outer Banks, NC
Can you picture a hedge fund running NASCAR? I can't.


2017 Honda Odyssey SE, 16K
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2007 Honda Ridgeline RTS, 88K
2007 Infiniti M35, 107K
Re: France family explore sale of NASCAR [Re: oil_film_movies] #4750318
05/07/18 04:43 PM
05/07/18 04:43 PM
Joined: Jun 2015
Posts: 4,278
New England
Virtus_Probi Offline
Virtus_Probi  Offline
Joined: Jun 2015
Posts: 4,278
New England
Originally Posted By: oil_film_movies
And NASCAR is worth what????
Ricky Bobby is calling a meeting at Applebee's to discuss the worth:

Professor D!ckweed is bidding one '76 Nova with a 350 that will only take a little bit of work to get running...but "running" means you will be able to start it, still need to find your own tranny to throw in there.


2014 Forester XT, 90000 miles
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Re: France family explore sale of NASCAR [Re: Virtus_Probi] #4750320
05/07/18 04:45 PM
05/07/18 04:45 PM
Joined: Aug 2010
Posts: 5,734
Champlain/Hudson Valley
Kira Offline
Kira  Offline
Joined: Aug 2010
Posts: 5,734
Champlain/Hudson Valley
Has it always been owned by the France's?

Re: France family explore sale of NASCAR [Re: Mr Nice] #4750341
05/07/18 05:04 PM
05/07/18 05:04 PM
Joined: Jan 2012
Posts: 432
Phoenix, AZ
azjake Offline
azjake  Offline
Joined: Jan 2012
Posts: 432
Phoenix, AZ
My money is on Tony Stewart. He already owns The All Stars Circuit of Champions Sprint car series and Eldora Speedway. NASCAR would be the crown jewel.


2015 Nissan Murano SL
Re: France family explore sale of NASCAR [Re: Mr Nice] #4750357
05/07/18 05:26 PM
05/07/18 05:26 PM
Joined: Jun 2014
Posts: 1,973
IL
Vern_in_IL Offline
Vern_in_IL  Offline
Joined: Jun 2014
Posts: 1,973
IL
That Dumb [censored] that killed CART will get it if he wants it, Tony George.

I would like to see Vince McMahon take ownership, WWE and NASCAR are very similar since they are both staged....

But really I would like not a single person take it, but something like a board of directors made up of track owners, since it's their future on the line.

Last edited by Vern_in_IL; 05/07/18 05:32 PM.
Re: France family explore sale of NASCAR [Re: Kira] #4750359
05/07/18 05:29 PM
05/07/18 05:29 PM
Joined: Jun 2005
Posts: 11,408
Santa Barbara, CA
bdcardinal Offline
bdcardinal  Offline
Joined: Jun 2005
Posts: 11,408
Santa Barbara, CA
Originally Posted By: Kira
Has it always been owned by the France's?


Yes, it was founded by Bill France Sr.


2014 Ford Mustang GT Track Pack
1995 Ford Mustang GT

Ford/Mazda Parts Counter
NRA Benefactor Member
Opinions expressed are my own.
Re: France family explore sale of NASCAR [Re: Mr Nice] #4750394
05/07/18 06:15 PM
05/07/18 06:15 PM
Joined: Sep 2010
Posts: 7,485
S California
OneEyeJack Offline
OneEyeJack  Offline
Joined: Sep 2010
Posts: 7,485
S California
Maybe a new owner can switch the focus from kit cars to a series of race cars that are designed and built by the teams.

Re: France family explore sale of NASCAR [Re: Mr Nice] #4750403
05/07/18 06:21 PM
05/07/18 06:21 PM
Joined: Nov 2014
Posts: 508
Denver
marine65 Offline
marine65  Offline
Joined: Nov 2014
Posts: 508
Denver
I think the Trump family should buy it.
Just imagine all the cars painted gold!


2006 Nissan Sentra 195K miles
2010 Hyundai Elantra 85K miles
Re: France family explore sale of NASCAR [Re: Mr Nice] #4750415
05/07/18 06:33 PM
05/07/18 06:33 PM
Joined: Jun 2005
Posts: 11,408
Santa Barbara, CA
bdcardinal Offline
bdcardinal  Offline
Joined: Jun 2005
Posts: 11,408
Santa Barbara, CA
I wouldn't mind seeing a group of team owners buying NASACR similar to how CART/Champ Car came into existence. The only possible downside would be someone like Penske having too much power over other teams.


2014 Ford Mustang GT Track Pack
1995 Ford Mustang GT

Ford/Mazda Parts Counter
NRA Benefactor Member
Opinions expressed are my own.
Re: France family explore sale of NASCAR [Re: azjake] #4750436
05/07/18 06:57 PM
05/07/18 06:57 PM
Joined: Apr 2018
Posts: 420
Somewhere in time
Imp4 Offline
Imp4  Offline
Joined: Apr 2018
Posts: 420
Somewhere in time
Originally Posted By: azjake
My money is on Tony Stewart. He already owns The All Stars Circuit of Champions Sprint car series and Eldora Speedway. NASCAR would be the crown jewel.

In order to be a 'crown jewel', you need to be highly desirable.

Based on the panning shots of the stands, and apparent attendance (or lack thereof), NASCAR isn't very desirable right now.


2001 Mitsubishi Galant 2.4 - 157k+
Grandma's creampuff...
Re: France family explore sale of NASCAR [Re: Mr Nice] #4750446
05/07/18 07:06 PM
05/07/18 07:06 PM
Joined: Jan 2009
Posts: 1,319
texas
Burt Offline
Burt  Offline
Joined: Jan 2009
Posts: 1,319
texas
How long til we see electric cars buzzing around the oval?


2011 RX350 53k miles
2015 Fiesta SFE eco-boost 25k miles
Re: France family explore sale of NASCAR [Re: Burt] #4750448
05/07/18 07:08 PM
05/07/18 07:08 PM
Joined: Apr 2018
Posts: 420
Somewhere in time
Imp4 Offline
Imp4  Offline
Joined: Apr 2018
Posts: 420
Somewhere in time
Originally Posted By: Burt
How long til we see electric cars buzzing around the oval?

Only once viewership demands it...


2001 Mitsubishi Galant 2.4 - 157k+
Grandma's creampuff...
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