Will NASCAR go public?

NASCAR is unlikely to go public in the near future. Here's why:

1. Private Company Status: NASCAR is currently a private company, meaning its shares are not publicly traded. The company has not announced any plans to go public, and there is no indication of a stock market listing in the near term.
2. Financial Stability and Growth: NASCAR has been consolidating its operations and expanding its global presence, including the purchase of International Speedway Corporation. This strategic direction suggests a focus on long-term growth and financial stability rather than pursuing a public offering.
3. Market Demand and Valuation: If NASCAR were to go public, the market would need to assess the company's financial performance and future prospects. Given the current momentum and expansion efforts, a public offering could be perceived as a dilution of ownership and potentially impact the company's valuation.
4. Historical Context: NASCAR's history as a private company dates back decades, and there has been no public indication of a desire to change this structure. The company has successfully operated without the need for public capital, and its recent deals and partnerships underscore its ability to thrive without going public.

In conclusion, NASCAR's focus on organic growth, strategic acquisitions, and maintaining its private company status indicates a well-thought-out strategy that does not appear to necessitate a public offering in the foreseeable future.