NASCAR to cut employees salaries?

NASCAR has worked to reduce its own costs, two sources within the company have told the Observer and ThatsRacin.com. The salaries of some supervisors have been cut, along with the budgets of some departments, the sources said. Travel spending – to get NASCAR officials and haulers to and from races – was also cut, the newspaper and its racing site were told. Asked specifically about such moves, NASCAR's Poston offered this statement: "Last week, the NASCAR executive team met with the media to publicly discuss the business of the sport and relevant topics related to our business," he said. "At that time, NASCAR provided relevant updates about the business and announced personnel updates. If there is anything else of importance to the industry or our fans, it will also be announced." Charlotte Observer