NASCAR began with bootleggers racing souped-up cars to evade authorities transporting moonshine. William France founded NASCAR and held the first race in 1948. NASCAR has grown tremendously in popularity since then, attracting over 1.4 million attendees by 1976 and becoming the second most-watched televised sport in the US. While NASCAR has greatly increased its brand recognition through television coverage, sponsorships, and seeking new audiences, it still faces challenges around its ownership structure, safety concerns, environmental impact, and financial issues.