Existing Lease Set to Expire; NASCAR Moving to More Efficient Space on Madison Avenue
DAYTONA BEACH, Fla. (August 24, 2015) – NASCAR, which has had an office in New York City since the 1990s, has completed a new lease agreement to move into new space just a block away from its current location. The new location keeps NASCAR in close proximity to important industry marketing and media partners and the chance to streamline and customize the office for its needs.
“We will be moving to a much more efficient and effective space for our current and long term needs in New York,” said NASCAR Chief Operating Officer Brent Dewar. “We are very pleased with the location, amenities and very significant cost savings we’ll achieve over the term of the agreement. Our New York office is important not only to NASCAR, but to the entire industry. It is important we have a strong presence in the financial and marketing capital of the world.”
NASCAR expects to complete the move in the spring of 2016.