France Family Keeps Firm Grip on NASCAR

Big news for NASCAR fans! Commissioner Steve Phelps just set the record straight: while private equity is bringing fresh cash and ideas to race teams, the France family isn’t letting go of the sport’s steering wheel anytime soon. Phelps made it clear—outside investors can help teams, but the league itself stays in the family. What do you think about private equity’s growing role? Is it good for the racing product, or should tradition rule? #Sports #Racing #NASCAR