NASCAR taps Deloitte to audit team finances


NASCAR has hired Deloitte to audit teams’ finances and create a common accounting platform, sources said, an unprecedented step that teams have agreed to in order to help find a new competitive balance framework.

The sanctioning body has been working with teams in its top-flight Monster Energy NASCAR Cup Series in recent years to cut costs and increase revenue, and the efforts have picked up steam under the direction of new Chairman and CEO Jim France. Continued slides in key performance indicators…

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