NASCAR CEO denies rumors of company buyout

NASCAR CEO Steve O’Donnell has stated that the organization is not for sale, following reports of unsolicited interest from various businesses. While investors have reportedly approached the Daytona Beach-based governing body seeking equity or joint venture opportunities, no formal takeover bid or sale process has been initiated.

NASCAR remains a privately held company controlled by the France family. The current interest appears to focus on minority ownership or strategic partnerships rather than an outright acquisition of the entire business. This follows a similar period in 2018 when the organization reportedly explored investment options with Goldman Sachs.