France family tells employees it’s committed to sport

Brian France – we are committed!

In a memo to NASCAR employees, sanctioning body president Brent Dewar said there would be no comment on “industry rumors" about a potential sale, only saying that the controlling France family was committed to the sport of stock car racing.

The memo was published by the Associated Press on Tuesday after the news organization received it from an anonymous tipster.

The memo was a response from the NASCAR front office to calm employees once it was revealed that the France family had partnered with the Goldman Sachs investment bank to identify potential buyers in a deal for the company.

The memo did not specifically address any possible deal by the France family.

"For over 70 years, the France family has worked hard to invest in the sport of NASCAR, including our recent acquisitions of ARCA," Dewar wrote, referencing the recent NASCAR acquisition of the Automobile Racing Series of America — the fourth-tier stock car series that often races alongside the three national NASCAR divisions.