James Carl France (born October 24, 1944) is an American motorsports executive. He is the

chief executive officer A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...

(CEO), the chairman, and executive vice president of NASCAR, the former chief executive officer (CEO) of International Speedway Corporation (ISC) and the owner of the

IMSA The International Motor Sports Association (IMSA) is a North American sports car racing sanctioning body based in Daytona Beach, Florida under the jurisdiction of the ACCUS arm of the FIA. It was started by John Bishop, a former executive dire ...

team

Action Express Racing Action Express Racing (AXR) is a sports car racing team that currently competes in the IMSA WeatherTech SportsCar Championship. The team is owned by NASCAR CEO Jim France and run by Bob Johnson and former NASCAR champion crew chief Gary Nelson. ...

. Jim is the son of NASCAR founder

Bill France Sr. William Henry Getty France (September 26, 1909 – June 7, 1992), also known as Bill France Sr. or Big Bill, was an American businessman and racing driver. He is best known for founding and managing NASCAR, a sanctioning body of US-based stock ca ...

Early life

Jim France was born and raised in Daytona Beach, Florida. He graduated from Seabreeze High School and attended Florida Southern College in Lakeland, Florida and earned a

business degree A business school is a university-level institution that confers degrees in business administration or management. A business school may also be referred to as school of management, management school, school of business administration, or ...

in 1968.

Career

NASCAR and ISC

The son of Anne Bledsoe and NASCAR co-founder William Henry Getty France, Jim France began working for his father at ISC in 1959, aged 14 years, and ultimately acceded to the ISC presidency in 1987. With his brother

Bill France Jr. William Clifton France (April 4, 1933 – June 4, 2007), better known as Bill France Jr. or Little Billy, was an American motorsports executive who served from 1972 to 2000 as the chief executive officer (CEO) of NASCAR, the sanctioning body of t ...

, he inherited control of NASCAR and ISC upon his father's death in 1992, and, as a member, and for a time secretary, of the board of directors of NASCAR, he served influentially as an advisor to his brother through the latter's

retirement Retirement is the withdrawal from one's position or occupation or from one's active working life. A person may also semi-retire by reducing work hours or workload. Many people choose to retire when they are elderly or incapable of doing their j ...

as NASCAR president in 2000 and as NASCAR CEO and chairman of the board in 2004; France Jr., explained in 2000 that his singular prominence notwithstanding, the two jointly guided NASCAR and ISC, joking that, "In the past, we'd have a board meeting in the hall. My brother and I would meet and shoot the breeze for a few minutes". Upon the accession of

Brian France Brian Zachary France (born August 2, 1962) is an American businessman and the former CEO and chairman of NASCAR. He served in the post from 2003 to 2018, following his grandfather (and NASCAR co-founder) Bill France Sr. and father Bill Jr., in t ...

to the chairmanship of NASCAR in 2003, Jim France served his nephew in a similar advisory role, most significantly after the 2007 death of France Jr. On August 6, 2018, France assumed the role of Interim CEO and Chairman of NASCAR, following the arrest of his nephew and CEO Brian France; France was arrested on suspicion of DUI in Sag Harbor, New York on August 5, 2018. With Brian taking an official leave of absence from all NASCAR duties until his legal case is resolved, the interim part of Jim's title was dropped and he became CEO and Chairman of NASCAR.

Grand American Road Racing Association

In 1999, France founded the Grand American Road Racing Association, a

sanctioning body A governing body is a group of people that has the authority to exercise governance over an organization or political entity. The most formal is a government, a body whose sole responsibility and authority is to make binding decisions in a taken ge ...

for various forms of

road racing Road racing is a form of motorsport racing held on a paved road surface. The races can be held either on a closed circuit or on a street circuit utilizing temporarily closed public roads. Originally, road races were held almost entirely on pu ...

in North America, finally the governing entity for five series, including the

Rolex Sports Car Series The Rolex Sports Car Series was the premier series run by the Grand American Road Racing Association. It was a North American-based sports car series founded in 2000 under the name Grand American Road Racing Championship to replace the failed ...

, the successor to the United States Road Racing Championship and the sponsor of the

24 Hours of Daytona The 24 Hours of Daytona, also known as the Rolex 24 At Daytona for sponsorship reasons, is a 24-hour sports car endurance race held annually at Daytona International Speedway in Daytona Beach, Florida. It is run on the Sports Car Course layou ...

; the Koni Challenge Series, a two-class

touring car Touring car and tourer are both terms for open cars (i.e. cars without a fixed roof). "Touring car" is a style of open car built in the United States which seats four or more people. The style was popular from the early 1900s to the 1930s. Th ...

league; and the SunTrust Moto-ST Series, an endurance racing motorcycle series; the Association also operates the North American arm of the international Ferrari Challenge.

Worth

With a 2007 estimated net worth of

US$ The United States dollar (symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official ...

1.5

billion Billion is a word for a large number, and it has two distinct definitions: *1,000,000,000, i.e. one thousand million, or (ten to the ninth power), as defined on the short scale. This is its only current meaning in English. *1,000,000,000,000, i.e. ...

, France was ranked by '' Forbes'' as the 664th-richest person in the world and as the third-wealthiest American motorsports personage.

References