The National Association for Stock Car Auto Racing (NASCAR) is a family-owned and -operated business venture that sanctions and governs multiple auto racing
Auto racing
Auto racing is a motorsport involving the racing of cars for competition. It is one of the world's most watched televised sports.-The beginning of racing:...

 sports events. It was founded by Bill France Sr. in 1947–48. As of 2009, the CEO for the company is Brian France
Brian France
Brian France is the CEO and Chairman of NASCAR, taking over the position from his father, Bill France, Jr., in 2003 . He is widely known and regarded as one of the most powerful men in sports. France's family pioneered NASCAR out of a Southeast based sport, into a national and international multi...

, grandson of the late Bill France Sr. NASCAR is the largest sanctioning body of stock car racing
Stock car racing
Stock car racing is a form of automobile racing found mainly in the United States, Canada, New Zealand, Great Britain, Brazil and Argentina. Traditionally, races are run on oval tracks measuring approximately in length...

 in the United States. The three largest racing series sanctioned by NASCAR are the Sprint Cup Series, the Nationwide Series, and the Camping World Truck Series.