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.