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NASCAR
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For current information on this topic, see
2008 in NASCAR
National Association for Stock Car Auto Racing, Inc.
Sport governing body
Category
Stock cars
Area of jurisdiction
United States
Canada
Mexico
Formation date
1948
Headquarters
Daytona Beach, Florida
Charlotte, North Carolina
New York City, New York
President
Mike Helton
Chairman
Brian France
Website
www.nascar.com
Nascar Sprint Cup's newest car design "The COT"(Car of Tommarow or Car of Today)
The National Association for Stock Car Auto Racing (NASCAR) is the largest sanctioning body of stock cars in the United States. The three largest racing series sanctioned by NASCAR are the Sprint Cup, the Nationwide Series and the Craftsman Truck Series. It also oversees NASCAR Local Racing, the Whelen Modified Tour, and the Whelen All-American Series. NASCAR sanctions over 1,500 races at over 100 tracks in 39 states, Canada, and Mexico. From 1996 to 1998, NASCAR held exhibition races in Japan and an exhibition race in Australia in 1988.
With roots as regional entertainment in the Southeastern U.S., NASCAR has grown to become the second-most popular professional sport in terms of television ratings inside the U.S., ranking behind only the National Football League.[1] Internationally, NASCAR races are broadcast in over 150 countries. It holds 17 of the top 20 attended sporting events in the U.S.,1 and has 75 million fans[1] who purchase over $3 billion in annual licensed product sales. These fans are considered the most brand-loyal in all of sports and as a result, Fortune 500 companies sponsor NASCAR more than any other governing body. In 2007 NASCAR made a profit of just under $3 billion, and was the second richest motorsport (Formula One was first).
NASCAR's headquarters are located in Daytona Beach, Florida, although it also maintains offices in four North Carolina cities: Charlotte, Mooresville, Concord, and Conover. Regional offices are also located in New York City, Los Angeles, Arkansas, and international offices in Mexico City and Toronto. Additionally, owing to its southern roots, all but a handful of NASCAR teams are still based in North Carolina, especially near Charlotte.
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