This Week In NASCAR: NASCAR Formed, 1st Daytona 500 Held

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1959 Daytona 500 Part 2 Of 3

Vintage footage and narration of the first NASCAR Daytona 500 held in 1959, eventually won by Lee Petty. Lee's son, Richard, eventually went on to win 7 Daytona 500's.

Behind the leadership of the legendary Bill France, the National Association Of Stock Car Drivers (NASCAR) was incorporated on February 21, 1948. France's motivations at the time were to legitimize stock car racing by standardizing racing rules, which could vary depending on the event, and squeeze out shady promoters.

The NASCAR sanctioning body was formed after France founded and oversaw the successful National Championship Stock Car Circuit (NCSCC) the year before, offering $1,000 and a trophy to the winner of the 40-race season.

France's grandson, Brian, is the current CEO and Chairman of NASCAR, having taken over from his father, Bill Jr.

1998 Daytona 500 FINISH - Dale Earnhardt Wins

The final 5 laps of the 1998 Daytona 500, as Dale Earnhardt is able to fend off his competitors until the spinning cars of John Andretti and Lake Speed bring out the caution with one lap to go.

France was also largely responsible for the planning and construction of Dayton International Speedway, as a way of promoting the the NASCAR series. Until then, the Daytona race had been held on the Daytona Beach & Road Course, which made heavy use of the actual beach and sand as the racing surface, but France didn't consider the course a permanent solution to his vision. The first Dayton 500 was held on February 22, 1959, and won by Lee Petty.

The Daytona 500 is often referred to as "The Super Bowl Of Stock Car Racing", as it is the culmination of the month-long racing celebration, spectacle, and extravaganza known as "Speedweeks". It is the most lucrative and prestigious race on the calendar, and the fact that NASCAR holds its biggest event first is unique in sports, and honestly, kind of baffling to some fans. This year's Daytona 500 will be held on Sunday, February 26, at 2pm EST.

1948 - NASCAR Founded

Daytona 500

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