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US: NASCAR closes merger with ISC

By  |  October 20, 2019

NASCAR announced that it has successfully closed its acquisition of International Speedway Corporation (“ISC”), merging its operations into one, new company moving forward. The new company will remain based in Daytona Beach, Florida and will continue as NASCAR. 

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    In leading the new, combined company, Jim France will serve as the Chairman and Chief Executive Officer, with Lesa France Kennedy as Executive Vice Chair. Steve Phelps has been appointed President and will oversee all operations of the merged entity.

    “The merger of NASCAR and ISC represents a historic moment for our sport,” France said. “There is much work ahead of us, but we’re pleased with the progress made to position our sport for success. Delivering for our race fans and partners is job number one and we look forward to doing that better than ever for years to come.”

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