Make no doubt about it, NASCAR is a business and is run like any other major corporation. NASCAR is a family-owned business with Brian France as the third-generation CEO. Brian France is the son of Bill France, Jr., who passed away at the age of 74 in June of 2007.

The current President of NASCAR is Mike Helton. What is interesting about Mike Heltons appointment as President of NASCAR in the NASCAR organization structure is that he is not a member of the France family. He was named as President in the NASCAR organization in 1999. That was a year that would see much change in the NASCAR organization in terms of safety because of the sudden death of Dale Earnhardt on the last lap of the 2001 Daytona 500 and it was because of this incident that NASCAR would begin to head numerous initiatives for the safety of drivers and fans.

The very nature of a family-controlled organization means that the family will control most of the proceeds. This has been a criticism by some who think NASCAR should be a joint owner-player type of profit sharing model. Other critics have made assertions that the NASCAR organization could do more for driver safety. And there have been accusations that the NASCAR organization is too monopolistic in its policies. But millions enjoy the sport promoted by this business and advertisers love the exposure they get. Plus, the championship prizes seem to be attractive to many drivers.

NASCAR is not publicly-traded on the stock exchange however its major sanctioning body is International Speedway Corporation which is publicly traded on the NASDAQ under stock symbol ISCA. ISC owns as well as operates 11 motor speedways plus is a major promoter of motorsports. Bill Frances sister Lesa France Kennedy and his uncle Jim France is the Vice Chairman of the Board and Chairman of the Board/CEO respectively.

Although not an organizational structure per se, NASCAR organization structure is built around three main events which could be thought of as three main lines of business: 1) The NASCAR Nextel Cup Series, 2) The NASCAR Busch Series, and 3) The NASCAR Craftsman Truck Series.

And a fundamental part of the NASCAR organization structure is the promoters. Promoter sponsorship has drawn some criticism from the fan base because more and more it seems that NASCAR is more about commercials than it is about racing. However, in order for NASCAR to stay alive as an organization it needs the sponsors. Ticket sales alone will probably not bring in the revenue needed to stay healthy in business.

The Nextel Cup Series is the most prestigious of the NASCAR organization. This series starts with the Daytona 500 at the beginning and consists of 36 races in 19 states and on 22 different tracks.

The second premier event in the NASCAR organization is the NASCAR Craftsman Truck Series. This event started in 1996 and was previously known as the SuperTruck Series. Its roots come from a display of a NASCAR-style pickup truck at the 1994 Daytona 500.

And the last premier event in the NASCAR organization is the NASCAR Busch Series which is considered to be like the minor leagues of NASCAR.

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hi there. i am planning to buy a 2008 scion tc with supercharger installed by the dealer which is gonna cost me almost $3200. i barely have any idea about super charger but just know that it will give me more horse power. my first question is the supercharger bad for cars? do i need any other modification if i install supercharger? is the car gonna take more gas? is it worth it for $3200? or should i just get a good intake? is the car gonna output 200hp(super charger) + 160hp(stock) = 360hp in total. thank you in advance for ur assistance

The United Auto Workers is studying a long list of proposals from a group of Chrysler workers in Toledo who are pushing for employee ownership of the ?for sale? automaker. 25 hourly workers who call themselves the ?Employee Buyout Committee? is proposing for workers to take 70 percent stake in Chrysler— producer of quality Chrysler mufflers — with DaimlerChrysler retaining the remaining stake.

According to Michele Mauder who works at Chrysler?s Toledo Supplier Park, where the Jeep Wrangler is manufactured and some Chrysler parts are produced like the Chrysler muffler — who is a member of the committee, the workers believe employee ownership us the best option for Chrysler?s 50,000 UAW workers. She added, “The bottom line is the corporation won’t take the hit, it’s the employees, the shareholders and the consumers. So we need to work as a team.”

Mauder also said that the employee buyout committee was notified by the UAW last month stating that its proposal is being evaluated by the union?s legal department. The proposal was brought up by a shareholder at DaimlerChrysler?s annual meeting last April 4 and last Tuesday, Mauder received written notification from DaimlerChrysler that the proposal is being studied by the German automaker.

Roger Kerson, UAW spokesman could not be located for comments late Thursday. On the other hand Mike Aberlich Chrysler spokesman was free to give a statement he said that the proposal from the employee group was sent to Chrysler CEO Tom LaSorda and ?is expected to be reviewed by the company?s legal department.?

Mauder already expected for the proposal to be discussed at a DaimlerChrysler supervisory board meeting next week. Although she is aware that the proposal may prove to be a long shot for them but she said at least the workers tried. She further added, “Unless they come up with a better plan, this is it. It’s really in Daimler’s ball court now.” Maude noted that the Chrysler workers during the 80s owned shares in the company after the automaker turned to the federal government for loans to help it out of its financial crisis.

Employee ownership has already been employed in other struggling industries which include airlines, and steel but unfortunately not widely considered in the auto industry.

Mauder pleads the employees? case in a letter she addressed to Zetsche dated April 9 with their proposal attached. She wrote, “It appears the sale of Chrysler may not only affect our employees and retirees, but essentially could affect the entire automobile industry depending on who acquires our company. One never knows until one asks. By no means do we want to interfere with any potential sale of Chrysler. Mr. Zetsche, you have made the statement that all options are on the table. Our committee would hope that this option would be held in comparison to the other possible offers. Although the workers would prefer Chrysler remain with its parent company. If DaimlerChrysler is adamant to sell and (Canadian auto supplier) Magna (International Inc.) would be the leading contender, our committee would prefer the option of partnership with them versus a private equity firm. Magna, the Canadian operations, had an established employee equity and profit participation program.”

Currently DaimlerChrysler is already in negotiations with several potential buyers which includes two of the country?s largest private equity firms, Cerberus Capital Management LP and Blackstone Group, that is working with Centerbridge capital Partners. Also in the lineup is Magna, which is partnered with Onex Corp., a Canadian buyout firm.

There is also the American billionaire investor Kirk Kerkorian who has submitted his $4.5 bid for Chrysler and offered an ownership stake in company for union.

Chrysler CEO Tom LaSorda has declined to reveal any details on the ongoing negotiations. He said, “I’ll just say this. Discussions continue.” Kerkorian?s offer who has tried to takeover Chrysler in 1995 includes an equity stake for the UAW as well as for Chrysler management. UAW President Ron Gettelfinger said that the private equity bidders for Chrysler have already talked to the union about the possibility of giving workers a stake in the automaker.

However Gettlefinger has reiterated time and again that he would still prefer for DaimlerChrysler to keep Chrysler and pledged to use his seat on the 20 member DaimlerChrysler supervisory board to counter any deal that would make Chrysler private. The supervisory board will meet next week in Germany. Other labor representatives on DaimlerChrysler?s board said that they would not support any bidder that plans to break up the company.

Mauder also stated that their proposal is based on a thorough researched which she with a team of experts on the subject have conducted from Kent State University. The group also hopes that local unions would also join them in their cause. They have also reached out to local UAW leaders in Detroit for support.

The members of the employee committee will join the 21st Annual Ohio Employee Ownership Conference today to further understand the business venture they are pushing for. Plus they also plan to create a web site where workers can correspond with each other about the idea of becoming owners of Chrysler. Labor expert Shaiken said that the worker?s stand over private equity purchasing Chrysler is ?quite justified?. “Essentially what they seem to be saying is they want to see a successful manufacturing company. The feeling of wanting Chrysler as a successful ongoing concern runs through the minds of almost all Chrysler workers and the paradox is you’ve got a lot of talent and experience in these factories,” he added.

Whos is Chevy’s agency of record?

With two vital functions, catalytic converters are a must in every car. Catalytic converters are emission control products that convert harmful combustion byproducts from your engine into harmless compounds. Thus, catalytic converters protect your car?s exhaust system while protecting the environment at the same time. With its very important function, choosing only quality catalytic converters is essential to ensure top protection for the car?s exhaust system and for the environment as well. Mercedes owners are especially fortunate as one good catalytic converter was particularly designed for the Mercedes cars: the Mercedes catalytic converter.

How does the Mercedes Catalytic Converter work? First, it converts carbon monoxide, a harmful gas emitted by the car?s exhaust system, into carbon dioxide, a harmless gas that naturally exists in the environment. Carbon monoxide released in the environment can be fatal to humans, plants, and animals. The main job of the Mercedes catalytic converter is to prevent the vehicle?s harmful emissions like the carbon monoxide to break out in the atmosphere by converting such to carbon dioxide. This process is done without compromising the Mercedes engine?s power and superior performance.

While the process is generally easy to understand, it used to be that the design of such catalytic converters is actually a bit complicated. The first-generation Mercedes catalytic converter was pellet-filled and very restrictive, as it provides the needed emissions reductions but reduces the power of the engine. Mercedes engineers then set to work on redesigning the Mercedes catalytic converter into the powerful but safe device that it is today. Fortunately, the ingenuity of the brains behind Mercedes parts has mastered the design and manufacturing process of the Mercedes catalytic converter, making it effective in converting harmful gases to safe ones without compromising the engine?s production power. At present, Mercedes catalytic converters are generally in two types: a high-flow Mercedes catalytic converter or a regular Mercedes catalytic converter. A high-performance, high-flow Mercedes catalytic converter often feature less restriction than the standard Mercedes catalytic converter, thus deriving better engine performance.

Designed to last longer, there is no need for much replacement or repair of the Mercedes catalytic converter. Nevertheless, when the need for replacement comes and the Mercedes catalytic converter?s function and use has been maximized, immediate replacement must be done to prevent an outbreak of deadly pollution in the air. Replacement Mercedes catalytic converters can be readily found in the market as most auto parts sellers in various stores nationwide and online have these in stock. Car owners on a budget need not worry as the Mercedes catalytic converter and replacement Mercedes catalytic converter is very affordable and is a worthwhile purchase for your Mercedes or any other car. That?s the beauty of the Mercedes catalytic converter ? it?s not limited for use in Mercedes cars as non-Mercedes cars can also use it.

Indeed, pollution-control car devices have become more efficient and long-lasting as compared to the early days of the automotive industry. The Mercedes catalytic converter is no exception. Through this wonder auto part, protecting one?s car and the environment is a simple feat.

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