Frances End Divorce Battle; Settle Out of Court

Dave Fulton
@dave-fulton
12 years ago
9,137 posts

I know there are are many folks who could care less, but the Brian France divorce settlement from former wife, Megan has played out in our local Charlotte courts and attorneys have attempted to keep all records sealed and away from he media.

WCNC-TV in Charlotte reported yesterday that the parties have now reached an out of court settlement.

NASCAR's 'golden couple' ends nasty court battle

NASCAR CEO Brian France, right, speaks about his father, Bill France Jr., as his sister Lesa France Kennedy, left, looks on during the NASCAR Hall of Fame induction ceremony in Charlotte, N.C., Sunday, May 23, 2010. (AP Photo/Chuck Burton)

by GLENN COUNTS / NBC Charlotte

Bio | Email | Follow: @GCountsWCNC

Posted on October 7, 2013 at 8:35 PM

CONCORD, N.C. -- The nasty court battle between Brian and Megan France has come to an end.

At one time they were NASCARS golden couple. He was the CEO, and she was the wife and mother.

They married for a second time in October of 2005, had a couple of kids in 2006, and the fairy tale came to an end in April of 2008. Since then, they have battled it out in court over money.

For years, much of that legal fight was hidden to the public because a judge sealed the France file.

We at NBC Charlotte felt that was a privilege not granted to anyone else using the court system, so we and our partners at the Charlotte Observer waged a two year battle to open the file, finally winning in May.

The documents provided a glimpse into NASCARS finances through its Chairman.

Documents showed that Brian France was worth half a billion dollars with homes in Charlotte and Florida, in addition he was entitled to three condos in Los Angeles worth $4M, three condos in Florida worth $1.8 million, a condo in New Yorks Central Park valued at $10.6M; even the maid gets a $780,000 condo.

Under the separation agreement, Megan France is left far from broke. She gets $32,000 a month in alimony, $100,000 a year for a nanny, a $3.2M home in Myers Park, and a $9M payment for keeping the children in the Charlotte area.

All of this money was flowing at the same time NASCAR was asking for public money to build the Hall of Fame in uptown.

On September 26th the two sides filed a dismissal agreement reaching a private settlement out of court.

We dont know the details of that settlement, because it was negotiated behind closed doors in an avenue that would not be available to anyone.




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"Any Day is Good for Stock Car Racing"

updated by @dave-fulton: 12/05/16 04:04:08PM
Tim Leeming
@tim-leeming
12 years ago
3,119 posts

Oh well, she married him twice so she's not that smart. She just stumbled into a good thing with all the hidden money. So, even the maid got an $800,000 condo? Not a bad deal.




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What a change! It's been awhile since I've checked in and I'm quite surprised. It may take me awhile to figure it our but first look it's really great.