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In this Nov. 20, 2016, file photo, NASCAR CEO and Chairman, Brian France, talks to reporters during a news conference before a NASCAR Sprint Cup auto race practice in Homestead, Fla. NASCAR President Brent Dewar has told employees the France family “remains dedicated to the long-term growth of our sport.” The memo was sent to employees on Tuesday, May 8, 2018, one day after a media report said the France family was exploring the sale of its stake in the nation’s top auto racing series. (Alan Diaz/AP, FIle)

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CHARLOTTE, N.C. — The president of NASCAR told employees Tuesday the France family that owns a majority stake in the nation’s top auto racing series “remains dedicated to the long term growth of our sport” following a report of a possible sale.

By Jenna Fryer, Associated Press May 8, 2018