DAYTONA BEACH -- More Fortune 500 companies are involved in NASCAR than in 2008, according to a recent review of brands currently using the sport to drive business.
The analysis looked at companies that either sponsor NASCAR teams, tracks, the sanctioning body, or are media partners. The number of current Fortune 500 companies invested in NASCAR (114) remains higher than any other sport. In 2012 alone, more than 24 brands entered the sport, including a handful of Fortune 500 companies.
"Some of the world's most profitable and successful corporations choose NASCAR to help drive their businesses," said Brian France, NASCAR chairman and CEO. "These companies bring a great amount of rigor to where they make investments. This is especially true when it comes to marketing - and the sponsorship channel in particular - where they are looking for strong return on investment."
"Some of the world's most profitable and successful corporations choose NASCAR to help drive their businesses," said Brian France, NASCAR chairman and CEO. "These companies bring a great amount of rigor to where they make investments. This is especially true when it comes to marketing - and the sponsorship channel in particular - where they are looking for strong return on investment."