Monday, October 12, 2009
Nascar's Organizational Structure
We have no doubt, NASCAR is a business and handles like any large enterprise. NASCAR is a family business that Brian France, as the CEO of the third generation. Brian France is the son of Bill France Jr., who died at the age of 74 in June 2007. The current NASCAR president Mike Helton is. What is interesting about the appointment of Mike Helton NASCAR president of the organization structure of NASCAR is not a member of the family in France. He was appointed as Chairman of the Organization of NASCAR in 1999. That was a year that will see many changes in the NASCAR organization in terms of safety due to the sudden death of Dale Earnhardt on the final lap of 2001 Daytona 500 and was due to this incident that NASCAR will begin to head numerous initiatives for safety of drivers and fans. The very nature of an organization controlled by the family means that the family will control most of the revenue. This was a criticism of some who think NASCAR should be the owner of an ordinary player, the type of benefit-sharing model. Other critics have made assertions that the NASCAR organization could do more for driver safety. And there have been accusations that the NASCAR organization is too monopolistic in its policies. But millions of people to enjoy the sport promoted by this business and advertisers love the exposure they receive. Moreover, the premiums of the League seem to be attractive to many pilots. NASCAR is not listed on the Stock Exchange but their main sanctioning body and International Speedway Corporation, which trades on the NASDAQ under the stock symbol ISCA. ISC owns and operates as an engine of 11 Speedways Plus is a great promoter of motor sports. Bill France's sister Lesa France Kennedy and his uncle Jim France is the Deputy Minister and Director General and Chairman of the Board, respectively. Although not an organizational structure itself, the NASCAR organization structure is based on three main developments that could be considered as three main business lines: 1) the NASCAR NEXTEL Cup Series, 2) NASCAR Busch Series and 3 ) the NASCAR Craftsman Truck Series. is a fundamental part of the organizational structure are the sponsors of NASCAR. Sponsorship Promoter drew criticism from the fan base, because the more it seems that NASCAR is more about advertising that's racing. However, in order to survive NASCAR as an organization in need of sponsors. Ticket sales alone will probably not bring the revenue needed to stay healthy in business. The Nextel Cup series is the most prestigious of the NASCAR organization. This series begins with the Daytona 500, the principle and consists of 36 races in 19 states and 22 different songs. The second event is the leading organization of NASCAR NASCAR Craftsman Truck Series. This event started in 1996 and was formerly known as the SuperTruck Series. Their roots are in a display of a van in the style of NASCAR 1994 Daytona 500. And the most important event in the NASCAR organization is the latest in NASCAR Busch Series, which is considered the minor leagues of NASCAR.
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Domenico Morfeo
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