NASCAR

General info:

The National Association for Stock Car Auto Racing (NASCAR) is a family-owned and -operated business venture that sanctions and governs multiple auto racing sports events. It was founded by Bill France Sr. in 1947–48. As of 2009, the CEO for the company is Brian France, grandson of Bill France Sr. NASCAR is the largest sanctioning body of stock car racing in the United States. The three largest racing series sanctioned by NASCAR are the Sprint Cup Series, the Nationwide Series, and the Camping World Truck Series. It also oversees NASCAR Local Racing, the Whelen Modified Tour, the Whelen All-American Series, and the NASCAR iRacing.com Series. NASCAR sanctions over 1500 races at over 100 tracks in 39 US states and Canada. NASCAR has presented exhibition races at the Suzuka and Motegi circuits in Japan, Mexico, and Calder Park Raceway in Australia.
NASCAR's headquarters are located in Daytona Beach, Florida, although it also maintains offices in four North Carolina cities: Charlotte, Mooresville, Concord, and Conover. Regional offices are also located in New York City, Los Angeles, Bentonville, Arkansas, and international offices in Mexico City and Toronto. Additionally, owing to its Southern roots, all but a handful of NASCAR teams are still based in North Carolina, especially near Charlotte.
NASCAR is second only to the National Football League amongst professional sports franchises in terms of television ratings in the United States. Internationally, NASCAR races are broadcast in over 150 countries. In 2004 NASCAR's Director of Security stated that NASCAR holds 17 of the top 20 regularly attended single-day sporting events in the world. NASCAR has 75 million fans who purchase over $3 billion annually^{[citation needed]} in licensed products. Fortune 500 companies sponsor NASCAR more than any other motor sport, although this has been in decline since the early 2000s.


History:

Early Stock Car Racing

In the 1920s and 1930s, Daytona Beach became known as the place to set world land speed records, supplanting France and Belgium as the preferred location for land speed records, with eight consecutive world records set between 1927 and 1935. After a historic race between Ransom Olds and Alexander Winton in 1903, the beach became a mecca for racing enthusiasts and 15 records were set on what became the Daytona Beach road course between 1905 and 1935. By the time the Bonneville Salt Flats became the premier location for pursuit of land speed records, in 1936, Daytona beach had become synonymous with fast cars. Drivers raced on a 4.1-mile (6.6 km) course, consisting of a 1.5–2.0-mile (2.4–3.2 km) stretch of beach as one straightaway, and a narrow blacktop beachfront highway, State Road A1A, as the other. The two straights were connected by two tight, deeply rutted and sand covered turns at each end.

Stock car racing in the United States has its origins in bootlegging during Prohibition, when drivers ran bootleg whiskey made primarily in the Appalachian region of the United States. Bootleggers needed to distribute their illicit products, and they typically used small, fast vehicles to better evade the police. Many of the drivers would modify their cars for speed and handling, as well as increased cargo capacity, and some of them came to love the fast-paced driving down twisty mountain roads.
The repeal of Prohibition in 1933 dried up some of their business, but by then Southerners had developed a taste for moonshine, and a number of the drivers continued "runnin' shine", this time evading the "revenuers" who were attempting to tax their operations. The cars continued to improve, and by the late 1940s, races featuring these cars were being run for pride and profit. These races were popular entertainment in the rural Southern United States, and they are most closely associated with the Wilkes County region of North Carolina. Most races in those days were of modified cars. Street vehicles were lightened and reinforced.^[
 

Sanctioned series:

Sprint Cup

The NASCAR Sprint Cup Series is the sport's highest level of professional competition. It is consequently the most popular and most profitable NASCAR series. The 2012 Sprint Cup season consists of 36 races over 10 months. Writers and fans often use "Cup" to refer to the Sprint Cup series and the ambiguous use of "NASCAR" as a synonym for the Sprint Cup Series is common. The 2011 Sprint Cup Series Champion is Tony Stewart. Jimmie Johnson won 5 consecutive Sprint Cup Series drivers' championships from 2006–2010. Previously, the most consecutive championships had been three in a row by Cale Yarborough in the late 1970s, the only other time when a driver has won more than two Sprint Cup championships in a row.
The Cup Series had its first title sponsor in 1972. R. J. Reynolds Tobacco Company, which had been banned from television advertising, found a popular and demographically suitable consumer base in NASCAR fans and engaged NASCAR as a promotional outlet. As a result of that sponsorship, the Grand National Series became known as the Winston Cup Series (today called the Sprint Cup Series) starting in 1971, with a new points system and some significant cash benefits to compete for championship points. In 1972, the season was shortened from 48 races (including two on dirt tracks) to 31. 1972 is often acknowledged as the beginning of NASCAR's "modern era". The next competitive level, called Late Model Sportsman, gained the "Grand National" title passed down from the top division and soon found a sponsor in Busch Beer.
In 2004, NEXTEL took over sponsorship of the premier series from R. J. Reynolds, who had sponsored it as the Winston Cup from 1972 until 2003, and formally renamed it the NEXTEL Cup Series. A new championship points system, "The Chase for the NEXTEL Cup " was also developed, which reset the point standings with ten races to go, making only drivers in the top ten or within 400 points of the leader eligible to win the championship. In 2007, NASCAR announced it was expanding "The Chase" from ten to twelve drivers, eliminating the 400-point cutoff, and giving a ten-point bonus to the top twelve drivers for each of the races they have won out of the first 26. Wins throughout the season will also be worth five more points than in previous seasons. In 2008, the premier series title name became the Sprint Cup Series and The Chase for The NEXTEL Cup became the "Chase for the Sprint Cup", as part of the merger between NEXTEL and Sprint.
In 2011, NASCAR announced a number of major rules changes. The most important was a simplified points system that is also being adopted by the Nationwide and Truck Series. The winner of a race now receives 43 points, with one-point increments for each subsequent position (42 for second, 41 for third, and so on). The winner also receives 3 bonus points, and single bonus points are awarded to all drivers who lead a lap plus the driver who leads the most laps. Another significant change involves the qualifying process for the Chase. The number of qualifying drivers will remain at 12, but only the top 10 will qualify solely on regular-season points. The remaining two Chase drivers will be the two drivers in the next 10 of the point standings (11th through 20th) with the most race wins in the regular season.

 

Nationwide Series

The NASCAR Nationwide Series is the second-highest level of professional competition in NASCAR. The most recent series champion is Ricky Stenhouse, Jr. in 2011.
The modern incarnation of this series began in 1982, with sponsorship by Anheuser-Busch Brewing's Budweiser brand. In 1984 it was renamed to the Busch Grand National Series. The Anheuser-Busch sponsorship expired at the end of 2007, and the series is now sponsored by Nationwide Insurance. Nationwide will also become NASCAR's official insurance agency replacing Allstate.
The Nationwide Series is currently the only series of the top three to race outside the United States. The season is a few races shorter than that of the Sprint Cup, and the prize money is significantly lower. However, over the last several years, a number of Sprint Cup drivers have run both the Nationwide and Sprint Cup series events each weekend, using the Nationwide race as a warm-up to the Cup event at the same facility. Detractors of this practice believe this gives the Sprint Cup teams an unfair advantage, and that the presence of the Sprint Cup drivers squeezes out Nationwide Series competitors who would otherwise be able to qualify. These dual-series drivers have been labeled "Buschwhackers", a play on words which combines the original series sponsor's name with the notion of being bushwhacked. In May 2007, NNS director Joe Balash confirmed that NASCAR is exploring options to deal with the Buschwhacker controversy. One of the most often-cited proposals would be for Sprint Cup drivers participating in the Nationwide Series to receive no points for their participation in a Nationwide race. In 2007, NASCAR Chairman Brian France indicated that all options, except an outright ban of Cup competitors, are still being considered. On January 11, 2011, NASCAR.com reported that beginning with the 2011 season, drivers will be allowed to compete for the championship in only one of NASCAR's three national series in a given season, although they can continue to run in multiple series. This change was officially confirmed by France in a January 26 press conference.
Beginning in 2010, the Nationwide cars adapted somewhat to the current "Car of Tomorrow" (or COT) design used by Cup cars, with different bodies from the Sprint Cup Series. Some critic hope that the discrepancy between the Nationwide and Sprint Cup cars will help solve the Buschwhacker problem by reducing the advantages of running both series.

 

Camping World Truck Series

The NASCAR Camping World Truck Series features modified pickup trucks. It is one of the three national divisions of NASCAR, together with the Nationwide Series and the Sprint Cup. The most recent series champion was Austin Dillon in 2011; It was Dillon's first championship in the series.
In 1994, NASCAR announced the formation of the NASCAR SuperTruck Series presented by Craftsman. The first series race followed in 1995. In 1996, the series was renamed the NASCAR Craftsman Truck Series to emphasize Craftsman's involvement. The series was first considered something of an oddity or a "senior tour" for NASCAR drivers, but eventually grew in popularity and has produced Sprint Cup series drivers who had never raced in the Nationwide Series.
Beginning in 2009 the series became the Camping World Truck Series.

 

Canadian Tire Series

The NASCAR Canadian Tire Series is a NASCAR racing series in Canada that derives from the old CASCAR Super Series (founded in 1981 and bought out by NASCAR in 2006). The new series has races through six of Canada's provinces for a total of 13 events with TV coverage on TSN. Many drivers are content running in Canada while others move up to bigger NASCAR series including J.R. Fitzpatrick and Andrew Ranger. The cars are a bit different from the cars seen in America with more a street look with steel tube-framed silhouette bodies powered by carbureted spec V8 engines.

 

Corona Series

In December 2006, NASCAR also announced the creation of a new series in Mexico, the NASCAR Corona Series, replacing the existing Desafío Corona Series, to begin in 2007

Racecar Euro Series

In early 2012, NASCAR announced that it would sanction the existing European-based Racecar Euro Series as a "NASCAR Touring Series".

Regional racing series

In addition to the five main series, NASCAR operates several other racing circuits.
Many local race tracks across the United States and Canada run under the Whelen All-American Series banner, where local drivers are compared against each other in a formula where the best local track champion of the nation wins the Whelen All-American Weekly Series National Championship. The Whelen All-American series is split into four divisions. Each division champion receives a point-fund money payout and even more goes to the National champion (driver with most points out of the four division winners). The Whelen All-American Series is the base for stock car racing, developing NASCAR names such as Clint Bowyer, Jimmy Spencer, Tony Stewart, the Bodine brothers and many others along the way.

NASCAR also sanctions two regional racing divisions. The Whelen Modified Tour races open-wheel "modified" cars in Northern and Southern divisions. The Camping World Series, which consists of East and West divisions, race cars that are similar to Nationwide Series cars, although they are less powerful. In the past, NASCAR also sanctioned the AutoZone Elite Division, which raced late-model cars that were lighter and less powerful than Sprint Cup cars, and was originally split into four divisions: Northwest, Southwest, Southeast, and Midwest. At the end of 2005, NASCAR announced that the AutoZone Elite Division would be discontinued after the 2006 season due to having trouble securing NASCAR-sanctioned tracks to successfully host AutoZone Elite Division events, plus escalating costs of competing and downsizing of the Division in recent years.
In 2003, NASCAR standardized rules for its AutoZone Elite and Grand National divisions regional touring series as to permit cars in one series to race against cars in another series in the same division. The top 15 (Grand National) or 10 (AutoZone Elite) in each series will race in a one-race playoff, called the NASCAR Toyota All-Star Showdown, to determine the annual AutoZone Elite and Grand National champions. This event has been hosted at Irwindale Speedway in California since its inception.
Many drivers move up through the series before reaching the Sprint Cup series. In 2002, over 9,000 drivers had licenses from NASCAR to race at all levels.
The winners of the Dodge Weekly Series National Championship, the four AutoZone Elite Divisions, the two Whelen Modified and Grand National Divisions, and the three national series are invited to New York City in December to participate in Champions Week ceremonies which conclude with the annual awards banquet at the Waldorf-Astoria Hotel.