Cabarrus County leaders consider incentives to bring NASCAR expansion to Concord

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NASCAR’s expansion in Concord could receive another showing of support Monday night.

The Cabarrus County Commission is expected to consider incentives to support NASCAR as it considers bringing NASCAR productions to the city.

RELATED: NASCAR unit could be on the move from uptown Charlotte

Last week, the Concord City Council unanimously approved an economic development incentive to assist the move.

The plan would relocate NASCAR’s productions operations from Charlotte to a new technology center near the Concord airport, according to the Cabarrus Economic Development Corporation.

The move would bring 125 jobs to the city with the potential for more positions to be added over time.

An incentive package approved by Concord leaders includes benefits totaling $340,986 over three years. The Cabarrus County Commission’s proposal on the table tonight would offer as much as $525,000 in grants for the move.

NASCAR plans to invest more than $28 million to spur the technology center at 7550 West Winds Blvd NW off Derita Road near the existing NASCAR Research and Development Center in the West Winds Business Park.

ALSO READ: Chip Ganassi Racing shop in Concord just sold for $10.2M. Here’s who bought it.

NASCAR Productions, the television and video production division of the racing company, would be housed in the 58,000 square-foot facility that would include studios, production facilities and office spaces. The building also offers space for expansion.

“NASCAR has been part of our community’s fabric for decades,” said Page Castrodale, executive director of Cabarrus Economic Development Corporation. “We are so pleased that the success they have found in Concord so far has allowed them to grow here.”

(WATCH BELOW: NASCAR unit could be on the move from uptown Charlotte)