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Nascar ‘absolutely not’ for sale, says Phelps

Nascar president Steve Phelps (Credit: Getty Images)

The France family is not looking to sell US stock car racing series Nascar, according to its president Steve Phelps.

Speaking to Fox Business ahead of this weekend's Daytona 500, Phelps said: “Absolutely not, the France family is not interested in selling Nascar at all. I don’t foresee that in the short term, I don’t see it in the long term. This is their legacy. It’s going to continue.”

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