Police said he was in possession of oxycodone pills.
The 56-year-old France was released after his arraignment earlier this morning. Brian France, the founder's grandson, was named NASCAR's chairman of the board and CEO in September 2003.
Effective immediately, Jim France - Brian's uncle - will act as the interim chairman and CEO of NASCAR.
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France said in a statement Monday that his indefinite leave will be used to focus on his "personal affairs". Brian France took over the role previously held by his father and grandfather.
According to SHPD, France was pulled over after blowing through a stop sign while driving a 2017 Lexus northbound on Main Street near Wharf Street.
The company previously called France's arrest a "serious matter".
We're working to gather more information. Upon traffic stop, it was determined that Mr. France was operating said vehicle in an intoxicated condition.
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That arrest sounds very straightforward, for all intents and purposes, but TMZ, who first broke the news, had other details.
Though France has served as CEO for almost 15 years, The Wall Street Journal reported in 2017 that France sold his entire stake in NASCAR more than a decade ago and "essentially works for his sister and uncle (Jim)", who hold significant stakes.
Her statement was not attached to the police report, and the Daytona Beach police chief later investigated whether France was given special treatment by authorities.
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