ISC runs a dozen tracks across the country, from Watkins Glen in New York to Daytona in Florida, Talladega in Alabama and Auto Club Speedway in California. It is one of two major companies that host NASCAR races along with Speedway Motorsports Inc.
NASCAR is buying International Speedway Corp. in a deal worth about $2 billion.
International Speedway owns some of America’s most well-known racing facilities, including Daytona International Speedway in Florida, where the company is based, and the Talladega Superspeedway in Alabama.
The deal comes a year after reports suggested the France family was looking to sell the struggling stock car series. NASCAR late last year began acquiring the remaining public stock in International Speedway, which owns a majority of the NASCAR-sanctioned tracks.