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 Sportscar365

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