US stock-car racing series Nascar has announced it has purchased the Automobile Racing Club of America (ARCA) Racing Series.
ARCA is used as a feeder series for the three national touring championships of Nascar - the Xfinity, Camping World Truck and Cup Series. It will continue operating independently until after the 2019 season, at which point Nascar plans to better align its interests beyond the three national tours.
In addition to the national series, ARCA also owns Toledo Speedway in Ohio and Flat Rock Speedway in Michigan, and sanctions two Super Late Model tours based out of Indiana and Wisconsin.
US media says that the announcement has not made clear to what extent Nascar has purchased these assets.
"We are proud of the history and tradition of the ARCA Racing Series and the relationship we’ve built over six decades with Nascar," said ARCA president Ron Drager. "We look forward to the opportunity to be more fully integrated with Nascar and help shape the future of our sport."
ARCA races often are scheduled at the same tracks on the same weekends as Nascar events. Officials said ARCA event schedules in 2018 and 2019 won’t be impacted by the sale.
“2020 and beyond is still a work in progress,” Drager added. “Those are conversations we’re going to have.
“Our world continues to get more and more complicated and complex. There are times when I feel like I'm a little rowboat out in the middle of the ocean. The ocean liners go by, and they rock the boat. A big storm comes along, and it rocks the boat. So far, we haven't turned over. I want to be on a bigger boat.”