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Bill France Sr was getting frustrated with unscrupulous race promoters who would promise big paydays and then take off with the money. He also felt that drivers could earn more money and have better races if there was a common set of rules and a strong sanctioning body to back them up. In December of 1947 Bill gathered together a group of race promoters, officials and drivers in the Streamline Hotel in Daytona Beach, Florida to discuss the idea. After a series of discussions NASCAR was officially born on February 21st, 1948. The First NASCAR Sprint Cup Race The first "strictly stock" series event (strictly stock would eventually go on to become the Sprint Cup Series) was held on June 19th, 1949. This race was held at Charlotte Speedway, a 3/4 mile dirt track in Charlotte, NC. * http://nascar.about.com/od/nascarhistory/f/billfrancesr.htm
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