Joie Chitwood III resigned as executive vice president and COO of International Speedway Corp. effective Nov. 30.
In an Aug. 22 statement, Chitwood said it was time to "find a new challenge" ahead of the closing of the company's takeover deal.
The promoter of motorsports activities recently received a nonbinding offer from the National Association for Stock Car Auto Racing, or NASCAR Holdings Inc., to acquire all its outstanding shares of class A and class B common stock.
