In the wake of its sponsorship agreements with the Nascar racing circuit and Daytona International Speedway, Visa U.S.A. has signed a three-year promotional deal with the operator of the California Speedway and other racetracks.

The arrangement with Penske Motorsports Inc. of Fontana, Calif., designates Visa as the "official consumer payment product." Penske also operates the Michigan, Nazareth, North Carolina, and Homestead-Miami Speedways.

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