Saturday, November 12, 2005

Rich guys worry about fairness too, or do they?

The head of Nascar thinks that some owners have too many cars in their stable and that's unfair. NYTimes reporter Andrew Zimbalist suggests there may be other motives
It is nice to see that France, who may soon be leaving the family business, has discovered an interest in competition and fairness. His family, after all, owns Nascar, the Motor Racing Network (the radio network that broadcasts all Nascar races) and Americrown (the catering company that sells food at most Nascar tracks); it also owns a share of Action Performance (the dominant motor car memorabilia company) and owns a controlling interest in the publicly traded International Speedway Corporation.

Read the whole thing. (Hat tip to Rich Hart)