Betty Jane France's Will Gives Children Assets; No Indications Of NASCAR Structure Change

The will of the late Betty Jane France showed that she "evenly split her property and assets among her two children," ISC CEO Lesa France Kennedy and NASCAR Chair & CEO Brian France, and "gave them control of her two trusts," according to Bob Pockrass of ESPN.com. NASCAR traditionally does "not comment on its ownership structure, and a spokesman said any impact from the will on NASCAR ownership is a private matter." Documents from past lawsuits and other public filings have indicated that Lesa France Kennedy and her uncle, ISC Vice Chair Jim France, "have the primary control of NASCAR." There is "nothing in the Betty Jane France will, which doesn't mention NASCAR specifically, to indicate any change in that ownership structure" (ESPN.com, 9/14).