Wednesday, July 1, 2015
Brian France on franchising: 'It's in our best interest to have healthy team owners'
Could some form of franchising be in NASCAR's not-so-distant future?
In an appearance Wednesday afternoon on SiriusXM NASCAR Radio, NASCAR Chairman Brian France seemed to open the door to some sort of franchising model for NASCAR teams that would provide invested team owners with equity outside of the car parts and machine tools that fill their respective shops.
Asked by Sirius host Dave Moody for his take on the status of talks on the issue, France said, "It's in our best interest to have healthy team owners who have the best opportunity to field quality race teams. That's a goal that we've had for a long time. That remains. In any way we can do to benefit that business model and create more opportunities for ownership, for example, whatever we may be, all of those things are what are being discussed. It's not a new direction. We are taking a little bit more of a formal look at that. Whatever we can come up with that benefits our team owners, their business models and creates a healthier and more competitive NASCAR, that's in our best interest."
Asked how far along the talks are, France said, "These are complicated matters. They aren't new. What is different a little bit is that we're formalizing these discussions so we can accelerate these ideas. Directionally, in our best interests of course to make sure our team owners are healthy. They've said they have a lot of challenges right now. We're listening to that because they are one of the most important stakeholders in NASCAR."