Fines in NASCAR are a common occurrence, and the amounts billed to these bad boy oval racers can be very large. All that money used to pad the deep pockets of the NASCAR gods, but the racing series has announced that all those greenbacks will henceforth go right to the NASCAR Foundation. The NASCAR Foundation is a charitable juggernaut that doles out cash to many different worthwhile causes, some of which are already in the NASCAR family. Now if Jimmy Johnson or Kurt Busch cheats or flips off the crowd, all that money leaving their pockets could go right back into their own charitable organizations. This decision was a good PR move by NASCAR, and though it's not our money to distribute as we please, other racing organizations should follow suit. We wonder if the knowledge that charities will benefit from their indiscretions will encourage NASCAR drivers to break the rules even more.

[Source: NASCAR]


PRESS RELEASE:

NASCAR Fine Payments Going To NASCAR Foundation

CHARLOTTE, N.C. (Jan. 21, 2008) – The National Association for Stock Car Auto Racing (NASCAR) announced today that starting this season, all money collected from fines issued to drivers will go to the NASCAR Foundation for its charitable initiatives.

"Now that the NASCAR Foundation is well established and supporting dozens of charitable organizations it is the logical place for fine money to be distributed," said NASCAR Chairman and CEO Brian France.

"We are excited to be able to work with our charities and help them develop a program that will maximize the impact they can have with their organizations," said Sandy Marshall, executive director of the NASCAR Foundation.

About The NASCAR Foundation
The National Association for Stock Car Auto Racing, Inc., (NASCAR) launched the NASCAR Foundation in January 2006. The foundation is a 501(c)(3) non-profit entity that embodies the compassion of the NASCAR Family and its commitment to serving communities. The Foundation supports a wide range of charitable initiatives that reflect the core values of the entire NASCAR Family. The NASCAR Foundation will use strength of the sport and its people to make a difference in the lives of those who need it most. For more information on the NASCAR Foundation, please visit the website: www.nascar.com/foundation.