The National Association for Stock Car Auto Racing, LLC (NASCAR) is an American auto racing sanctioning and operating company that is best known for stock car racing. The privately owned company was founded by Bill France Sr. in 1948, and his son, Jim France, has been the CEO since August 6, 2018. The company is headquartered in Daytona Beach, Florida. Each year, NASCAR sanctions over 1, 500 races at over 100 tracks in 48 US states as well as in Canada, Mexico, and Europe. = Early stock car racing =In the 1920s and 1930s, Daytona Beach supplanted France and Belgium as the preferred location for world land speed records. After a historic race between Ransom Olds and Alexander Winton in 1903, 15 records were set on what became the Daytona Beach Road Course between 1905 and 1935. Daytona Beach had become synonymous with fast cars in 1936. Drivers raced on a 4. 1-mile (6. 6 km) course, consisting of a 1. 52. 0-mile (2. 43. 2 km) stretch of beach as one straightaway, and a narrow blacktop beachfront highway, State Road A1A, as the other. The two straights were connected by two tight, deeply rutted and sand covered turns at each end. Stock car racing in the United States has its origins in bootlegging during Prohibition, when drivers ran bootleg whiskey made primarily in the Appalachian region of the United States.
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