NASCAR Buys 13 Race Tracks Across the United States

NASCAR is merging with International Speedway Corporation, giving it control of some of America's most important race tracks.

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Brian LawdermilkGetty Images

NASCAR announced this week it will purchase the International Speedway Corporation, owner of 13 different race tracks across America, in a $2 billion acquisition deal.

International Speedway Corporation (ISC) is a publicly traded company that currently owns the following tracks:

  • Watkins Glen International
  • Daytona International Speedway
  • Talladega Superspeedway
  • Homestead Miami Speedway
  • Auto Club Speedway
  • Darlington Raceway
  • Kansas Speedway
  • Chicagoland Speedway
  • Michigan International Speedway
  • ISM Raceway
  • Martinsville Speedway
  • Richmond Raceway
  • Route 66 Raceway

    ISC stock will be bought back from current shareholders by NASCAR for $45 per share. The acquisition, which was first proposed in November 2018, was unanimously approved by a special committee comprised solely of independent directors from the board of directors from ISC.

    What does this mean for these tracks, and for racing as a whole? It's hard to say right now. The France family, which currently controls NASCAR, also operates IMSA. Both championships use many of these tracks every year, so having the operation under one umbrella could make things easier for everyone involved. We'll just have to wait and see.

    via

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