James France
Daytona Beach, Florida
Bachelor of Arts/Science, Florida Southern College
United States
4
Nascar, racing
$1,800,000,000
1281
#1281 Billionaires 2019
#353 Forbes 400 2016
James France inherited an estimated 36% of Nascar, the stock-car racing business founded in 1948 by his father, William France Sr.He has sat on Nascar's board of directors since 2000.Viewership is down, but the business remains afloat due to 10-year TV deals with Fox and NBC, worth $8.2 billion in rights, that began in 2015.France also serves as chairman of Nascar's sister company, publicly traded International Speedway Corp, which operates 13 racetracks.After Sprint's contracted ended in December 2016, Nascar signed a $20 million per year deal with Monster Energy that commenced in 2017.
His niece Lesa France Kennedy is International Speedway's CEO, while nephew Brian France is Nascar's chief executive.France raced in the U.S. Motorcycle Grand Prix in the late 1960s, raced dirt track competitions for nearly five years and has raced karts on both dirt and asphalt.
74
3
Add a review