NASCAR is No Longer For Sale

Steve Phelps was on Fox Business earlier in the week to talk about the state of the sport from a business standpoint and share details about the new sponsorship model that NASCAR has created for the Cup Series in 2020.

In the interview Phelps said that NASCAR is “absolutely” not for sale.

“The France family is not interested in selling NASCAR at all,” Phelps said during in the interview on “Mornings with Maria.”

In Spring of 2018 the then NASCAR CEO, Brian France, announced that NASCAR is for sale and is looking for a buyer. After NASCAR purchased the ARCA Series and merged the International Speedway Corporation, it was thought that NASCAR was preparing for a big sale.