Are NASCAR drivers allowed to place bets on races?

Summarized by: Live Sports Direct
 
Are NASCAR drivers allowed to place bets on races?

NASCAR has seen its involvement in the sports betting industry increase. The sanctioning body has formed betting partnerships.

Sports betting is on the rise. NASCAR has several official betting partners and sportsbooks appear on cars during races.

NASCAR introduced a new policy before the 2019 season. It prohibits all members, including but not limited to team owners, crew members and race officials, from betting on races and from giving away inside information for their own gain or for the gain of others.

NASCAR members have an obligation to protect the integrity of the sport. Gambling on NASCAR events by members can pose a serious threat to the organization.

NASCAR has banned drivers from betting on the outcome of races. In 2020, during the COVID-19 pandemic, NASCAR members are not allowed to bet on events.

The NFL suspended Calvin Ridley indefinitely last season because he bet on NFL games. A driver could be fined up to $250,000 for betting on a race.