Back to today’s briefing

Story perspectives

NASCAR Owner Pleads Guilty to $2 Million Tax Fraud

6/12/2025

50 9

Summary

Story summary

Former NASCAR team owner Ronald Devine has admitted to a serious crime, pleading guilty to neglecting payroll taxes while running BK Racing from 2012 to 2017. He misappropriated over $2 million in tax funds and now faces up to five years in prison, alongside a hefty $250,000 fine. His financial woes also include a staggering $2.5 million judgment and a $31 million fine.

1 of 1

Story summary

Former NASCAR team owner Ronald Devine has admitted to a serious crime, pleading guilty to neglecting payroll taxes while running BK Racing from 2012 to 2017. He misappropriated over $2 million in tax funds and now faces up to five years in prison, alongside a hefty $250,000 fine. His financial woes also include a staggering $2.5 million judgment and a $31 million fine.