Ex-wife of NASCAR chief Brian France spent “staggering” amount of money

brianfrance

The former wife of NASCAR chief executive Brian France spent a “staggering” amount of his fortune on her friends and family according to court documents unsealed on Wednesday.

Brian France had sought to keep the documents sealed.

In the documents Megan France, twice married to the head of NASCAR, claims her former husband spent little time with their two children and was verbally abusive.

Brian and Megan were married twice and they divorced twice. Their first marriage lasted from 2001 to 2004. They married again in 2005 and the second divorce was finalized in 2008.

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Brian and Megan France in a photo from 2006

On Wednesday, 3,000 pages of documents were released, including dozens of court motions, depositions and emails after a North Carolina appeals court agreed that the documents pertaining to the France’s divorce were public records.

Brian France paid his ex-wife $9 million, alimony of $32,000 a month for 10 years and $10,000 a month in child support.

A 2005 financial statement included in the court documents show that France had $564 million in total assets – including stock and real estate – and that he was likely to inherit ”substantial wealth from his parents,” which could exceed $1 billion.

The documents also indicated that France, who has remarried, had hired a private investigator to look into his former wife’s whereabouts.

Brian France also claimed in the documents that his ex-wife violated terms of their confidentiality agreement by talking to their friends about the settlement and making disparaging remarks about him.

John Bman
John Bmanhttp://www.tireball.com
Founder and Owner of Tireball Sports.

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