NASHVILLE, Tenn.—NASCAR, the U.S.-based racing circuit that has had a nearly 70-year affiliation with Goodyear, has awarded the tire maker's outgoing CEO, chair and president with its top award.
Last week, NASCAR Chair and CEO Jim France awarded the Bill France Award of Excellence to Kramer, who recently announced he will retire from Goodyear in 2024 after a 14-year stint as lead executive at the firm.
France recognized Kramer's leadership and contributions to the sport as Goodyear CEO.
The Bill France Award of Excellence has been awarded just 38 times since its inception in 1953. Goodyear received the award in 1965 and in 1971.
According to Goodyear, the stock car racing circuit and Goodyear share the same values of competition and innovation.
"I'm completely humbled by this acknowledgement," Kramer said at the awards ceremony. "The team you see at the track each weekend—anything I'm acknowledged for is due to them. Goodyear is a long-term partner of NASCAR because we share many values."