NASCAR and ARCA operated on a handshake deal for 67 years
To date, NASCAR and ARCA have essentially operated in a close partnership. Until this week, nothing was signed. But, they’ve been operating on a handshake deal since the 1940’s.
Now, they have joined forces. NASCAR has purchased ARCA. Through 2019, the tour will continue with little change. For 2020 and beyond, there will likely be some changes made. However, those changes are still under discussion.
“The Marcum and France family pre-date’s NASCAR, pre-date’s ARCA. In professional motorsports I don’t know that there’s any longer tenure,” ARCA’s Ron Drager stated.
“For us to have had a working relationship that wasn’t a legal document. But, was a handshake, for 67 years. I think it speaks volumes about NASCAR and their integrity.”