NASCAR Purchases Panoz Motor Sports Group | Wis U.P. North
We wonder how this will change NASCAR?
NASCAR Makes Big Purchase and Plans Merger: A Fan?s Reaction
By Kristin Watt | Yahoo! Contributor NetworkOn Wednesday, September 5, 2012, it was announced that NASCAR had made a major deal to purchase the Panoz Motor Sports Group. Panoz Motor Sports Group is known for being the organization behind the American Le Mans Series. With this purchase, NASCAR can also now claim Road Atlanta and the lease to Sebring International Raceway in Florida. The price was revealed to be around $10 million. The American Le Mans Series featured 10 races in the 2012 season and has five different classes of competitors.
This may seem like a very strange purchase for a stock car organization. However, in 2008, NASCAR had purchased Grand-Am Road Racing. It is now hoped that the two branches of sports car racing can be combined into one single racing organization that would find far more success than each would have individually. The merger will take place after the 2013 season and the 2014 season will be the first season for the new entity. Few details have been given on what may happen so for now all fans can do is speculate on what the future might hold for the two series.
Read more at Yahoo.
Will NASCAR drivers now move to?American Le Mans Series? Does this mean more road course racing?
English: American Le Mans Series (ALMS) race at Mid Ohio in 2002 (Photo credit: Wikipedia)
What do you think about this?
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About Paul Socha
Owner and Editor of Wis. U. P. North
View all posts by Paul SochaSource: http://wisupnorth.com/2012/09/nascar-purchases-panoz-motor-sports-group/
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