NASCAR and International Speedway Corp. chairman William “Bill” France Jr., announced several changes to the ISC infrastructure Monday. France, 69, will relinquish his role of ISC’s chief executive officer. France’s brother Jim France, 58, will inherit the position. Jim France has served as ISC’s president and chief operating officer since 1987. ISC executive vice president Lesa Kennedy, 41, will become president. John Saunders, senior vice president of operations becomes senior vice president and COO. “We need to start making moves,” Bill France Jr. says. “My father was here for a while, and he’s not here anymore. One of these days I won’t be here.” Bill France Sr. founded NASCAR in 1948. Bill France Jr. assumed the title of CEO in 1981. ISC owns and operates 12 of the NASCAR racetracks including Daytona International Speedway.( Sporting News )(2-11-2003)
