• WWW.FOXSPORTS.COM
    NASCAR Chairman Jim France To Step Down as CEO, Remain Chairman, Sources Say
    NASCAR leadership has started to inform industry personnel that Jim France is stepping down from his CEO role but will remain as chairman as the majority owner of the racing business. NASCAR President Steve O'Donnell will be promoted to CEO, while executive vice president Ben Kennedy France's great nephew will be promoted to Chief Operating Officer. An official announcement is expected this weekend at Talladega Superspeedway France, 81, has been chairman and CEO since 2018 after his nephew, Brian France, resigned from the role. France is the brother of Bill France Jr., who guided the sport founded by their father in 1948 from 1979-2000. The moves this weekend don't appear to be sparked by any one factor other than the natural progression and elevation of Kennedy. France and his niece, Lesa France Kennedy, have for decades overseen and through their trusts have co-owned NASCAR, which has had its challenges since its peak in the late 2000s. The latest challenge was an antitrust lawsuit brought by two race teams, including 23XI Racing, co-owned by basketball icon Michael Jordan. The two sides settled in December after eight days of trial, a trial that did not portray NASCAR and its executives in the best light. France was there throughout the trial and stood outside the courthouse with Jordan in announcing the settlement. France, who shunned the spotlight and politely declined almost all interview requests to talk about the sport, spent time on the witness stand at trial talking about his love of racing. He has owned race teams and dabbled as a driver himself. "When I talk about racers, I think that it's in your blood and ... it's something that you really have a passion for," France testified. NASCAR operates stock-car racing series and it owns about half the tracks on the Cup circuit. It also owns IMSA, the primary road-racing series in the United States and a series where France still owns a race team. Lesa France Kennedys son, Ben, has long been considered to be the next in line to take over the sport. He most recently was the Executive Vice President and Chief Venue and Racing Innovation Officer. Primarily, Kennedy handles the schedule and oversees competition projects. His new role is the next step in the ladder as far as his executive status and responsibilities. Lesa France Kennedy has primarily worked on the track side of the familys NASCAR operation, for a long time, serving as chairman of International Speedway Corp. a publicly traded company that operated race tracks. The France family, through NASCARs purchase of ISC stock, took the company private in 2019. Jim France had a tight bond with many of NASCARs long-time team owners. But his unwillingness to make their charters (NASCARs version of a franchise) permanent and not tied to the length of NASCARs television deal, frustrated many team leaders. The settlement in the lawsuit put a structure in place to make the charters more evergreen, which should increase their worth.
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  • 'Scared, <i>Dubba</i> Captaincy': Hardik Pandya Brutally Criticised After Mumbai Indians' Loss Against CSK
    Hardik Pandya did not bowl in the slog overs against CSK and instead handed the responsibility to 21-year-old youngster Krish Bhagat.
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  • WWW.CBSSPORTS.COM
    UEFA Women's Champions League: Bayern Munich host FC Barcelona in semifinal first leg
    It's a rematch of the league phase opener between Barcelona and Bayern Munich
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  • SPORTS.YAHOO.COM
    Starting center Mark Williams remains out for Phoenix
    Duane Rankin: Jordan Ott said Mark Williams is out for tomorrow's Game 3. Did say Jordan Goodwin (calf) and Grayson Allen (hamstring) did everything in practice today. Talked about how the rotation changing if those two play. Said Allen has been available for emergency situations. #SunsTwitterThis article originally appeared on Hoops Hype: Starting center Mark Williams remains out for Phoenix
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  • Craft Beer Market Expansion Ahead; Diageo, Constellation Brands, Heineken Lead Premium Segment
    The global craft beer market is expected to grow from USD 93.97 billion in 2024 to USD 187.99 billion by 2034, recording a CAGR of 7.2%. Rising consumer demand for premium flavors, unique brewing techniques, and local craft experiences are key growth drivers. 📊 Quick Stats Market Size (2024): USD 93.97 Billion Forecast Value (2034): USD 187.99...
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  • Global Medicinal Herbs Market Forecast at 4.4% CAGR; Indena, Nexira, Afriplex Drive Growth
    The global medicinal herbs market is projected to grow from USD 6.4 billion in 2025 to USD 9.8 billion by 2035, reflecting a CAGR of 4.4%. Growth is fueled by increasing adoption of herbal remedies, preventive healthcare trends, and rising consumer preference for natural therapeutics. 📊 Quick Stats Market Size (2025): USD 6.4 Billion Forecast Value...
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  • CBD Market Growing Rapidly from USD 20B to USD 60B by 2035; GW Pharma, Cronos Compete
    The global CBD market is projected to grow from USD 13.5 billion in 2025 to USD 39 billion by 2035, registering a CAGR of 11.2%. Growth is propelled by increasing consumer adoption of wellness products, legalization of CBD-based formulations, and expansion into nutraceuticals, cosmetics, and pharmaceuticals. 📊 Quick Stats Market Size (2025): USD 13.5...
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  • WWW.FOXSPORTS.COM
    NASCAR Chairman Jim France To Step Down as CEO, Remain Chairman, Sources Say
    NASCAR leadership has started to inform industry personnel that Jim France is stepping down from his CEO role but will remain as chairman as the majority owner of the racing business. NASCAR President Steve O'Donnell will be promoted to CEO, while executive vice president Ben Kennedy France's great nephew will be promoted to Chief Operating Officer. An official announcement is expected this weekend at Talladega Superspeedway. France, 81, has been chairman and CEO since 2018 after his nephew, Brian France, resigned from the role. France is the brother of Bill France Jr., who guided the sport founded by their father in 1948 from 1979-2000. The moves this weekend don't appear to be sparked by any one factor other than the natural progression and elevation of Kennedy. France and his niece, Lesa France Kennedy, have for decades overseen and through their trusts have co-owned NASCAR, which has had its challenges since its peak in the late 2000s. The latest challenge was an antitrust lawsuit brought by two race teams, including 23XI Racing, co-owned by basketball icon Michael Jordan. The two sides settled in December after eight days of trial, a trial that did not portray NASCAR and its executives in the best light. France was there throughout the trial and stood outside the courthouse with Jordan in announcing the settlement. France, who shunned the spotlight and politely declined almost all interview requests to talk about the sport, spent time on the witness stand at trial talking about his love of racing. He has owned race teams and dabbled as a driver himself. "When I talk about racers, I think that it's in your blood and ... it's something that you really have a passion for," France testified. NASCAR operates stock-car racing series and it owns about half the tracks on the Cup circuit. It also owns IMSA, the primary road-racing series in the United States and a series where France still owns a race team. Lesa France Kennedys son, Ben, has long been considered to be the next in line to take over the sport. He most recently was the Executive Vice President and Chief Venue and Racing Innovation Officer. Primarily, Kennedy handles the schedule and oversees competition projects. His new role is the next step in the ladder as far as his executive status and responsibilities. Lesa France Kennedy has primarily worked on the track side of the familys NASCAR operation, for a long time, serving as chairman of International Speedway Corp. a publicly traded company that operated race tracks. The France family, through NASCARs purchase of ISC stock, took the company private in 2019. Jim France had a tight bond with many of NASCARs long-time team owners. But his unwillingness to make their charters (NASCARs version of a franchise) permanent and not tied to the length of NASCARs television deal, frustrated many team leaders. The settlement in the lawsuit put a structure in place to make the charters more evergreen, which should increase their worth.
    0 Commenti 0 condivisioni 32 Views 0 Anteprima
  • Good News For Punjab Kings: Star Overseas Batter Available For IPL 2026 Match vs Delhi Capitals
    Punjab Kings play against Delhi Capitals in an IPL 2026 clash on Saturday
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  • WWW.CBSSPORTS.COM
    Lakers vs. Rockets odds, prediction, time: 2026 NBA playoff picks, Game 3 best bets by proven model
    SportsLine's model reveals its Houston Rockets vs. Los Angeles Lakers Game 3 picks
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