Sonic Automotive eyes strategic options — maybe IPO — for EchoPark used-car subsidiary bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
Gossage made the announcement via a release from Texas Motor Speedway.
Gossage has worked at Speedway Motorsports for nearly three decades with much of that time spent at Texas Motor Speedway. The All-Star race will be at Texas for the first time in its history on June 13.
“The timing just feels right after 32 years with the company,” Gossage said in a statement. “The Smith family and Speedway Motorsports changed my life and I will forever be appreciative and grateful. Before my wife Melinda and I chart our next adventure, I’m thankful that I get to come full circle as a promoter with the NASCAR All-Star Race.”
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Sonic Automotive, Inc prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Automotive CEO Charged With Choking Woman Wins Dismissal Bloomberg 3/15/2021 Gabrielle Coppola
(Bloomberg) North Carolina prosecutors have dropped their case against David Smith, the chief executive officer of Sonic Automotive Inc. who was accused of trying to strangle a woman in a domestic dispute last fall.
Smith, son of a billionaire and scion of the powerful family that controls Sonic, was arrested in October and indicted this month. Sonic is one of the largest car dealership chains in the U.S.
The arrest warrant described a man shoving and starting to strangle a woman in her early 20s, knocking a phone out of her hand when she tried to call for help, in the early hours of Oct. 5. Smith, 46, was charged with three misdemeanors: assault on a female, false imprisonment and interference with emergency communications. He was also charged with attempted strangulation of a female, a felony that carries a maximum sentence of two years in prison.
/PRNewswire/ Pomerantz LLP is investigating claims on behalf of investors of Sonic Automotive, Inc. ("Sonic" or the "Company") (NYSE: SAH). Such investors.