NASCAR CEO and Chairman Brian France was arrested for aggravated driving while intoxicated and criminal possession of a controlled substance, according to a Sag Harbor Village (N.Y.) Police Department news release.
According to a news release, France was arrested at 7:30 p.m. Sunday night, held overnight and arraigned Monday morning at the Sag Harbor Village Justice Court, where he was released on his own recognizance.
"Mr. France was observed operating a 2017 Lexus northbound on Main Street failing to stop at a duly posted stop sign," the news release said. "Upon traffic stop, it was determined that Mr. France was operating said vehicle in an intoxicated condition.
"Upon search of his person, due to a lawful arrest, Mr. France was in possession of oxycodone pills."
No other information was immediately available. TMZ first reported the arrest of France in the Hamptons.
France, 56, is the grandson of NASCAR founder William H.G. France and son of Bill France Jr.
He has held the position of chairman and CEO of NASCAR since 2003. His sister, Lesa France Kennedy, runs the family's publicly traded track-operating company International Speedway Corp.
Lesa and Jim France, brother of Bill France Jr., are believed to own the majority stake in NASCAR, according to public documents, but the family does not comment on its ownership structure.
Under NASCAR's substance abuse policy, France theoretically could be suspended and required to go through a recovery program or he could be subjected to drug testing.