American City Business Journals, the Charlotte-based parent of more than 40 print and online newspapers, has decided to stop publishing its NASCAR Illustrated publication.
In an email to the staff, CEO Whitney Shaw writes:
I wanted to let you know that we are closing NASCAR Illustrated.
Obviously, we don’t make decisions like this lightly nor do we ever forget that peoples’ lives are affected. Unfortunately, I simply did not see a pathway to profitability in an environment that is becoming increasingly digital and where the economics of newsstand sales have changed so dramatically.
The final issue of Illustrated is currently at the printer.
It’s the second NASCAR publication that ACBJ has ended. In early 2010, NASCAR Scene, a publication that started in 1977, was closed and merged into the monthly NASCAR Illustrated.
NASCAR Illustrated has a circulation of 85,000, according to ACBJ’s website.
