Source: Charlotte Observer
December 19, 2006
The Motor Racing Network, which broadcasts most NASCAR races over the radio, may be leaving its Daytona Beach, Fla., offices and moving to Charlotte, the company's president said Monday.
MRN Radio works closely with NASCAR, though it isn't directly affiliated with the organization. It's considering leaving NASCAR's home city in Florida to be closer to drivers and teams, the majority of which are located in the Charlotte area.
The likelihood of a presence up there (in Charlotte) is strong, said MRN Radio President David Hyatt. To put it quite simply, while the headquarters are in Daytona, the hub is in Charlotte.
Hyatt said the network is studying whether it will move all or part of its network to Charlotte. MRN Radio has 40 employees and 25 other contract personnel.
MRN Radio also produces racing-related talk shows, news shows and other programming. It would be easier to create some of that programming with local staff.
Hyatt said it's possible the network could eventually move into the 19-story office tower that's being built next to the NASCAR Hall of Fame in uptown Charlotte. But MRN Radio might also just establish a small satellite office here.
MRN Radio broadcasts NASCAR races at most tracks, though Performance Radio Network broadcasts races that take place at tracks owned by Concord-based Speedway Motorsports Inc., which owns Lowe's Motor Speedway.
MRN Radio is a subsidiary of Daytona Beach-based International Speedway Corp, controlled by NASCAR's founding France family.
Steve Harrison 704-358-5160