According to TMZ Sports, 54-year-old France was initially pulled over by police in Sag Harbor, New York, after he allegedly ran a stop sign. France was arrested at 7:30 p.m. Sunday and held overnight.
Police suspected that the NASCAR CEO was intoxicated and found oxycodone pills on his person.More news: France bans smartphones in schools
During the traffic stop, police determined France was operating his vehicle "in an intoxicated condition, Drake said".
France could not be reached for comment.
The outlet also reports that France's blood-alcohol level was well over twice the legal limit.More news: PepsiCo CEO Indra Nooyi to step down, Ramon Laguarta to succeed
Additionally, it is reported that while he was being arrested, France dropped the names of some high-profile friends, including that of President Donald Trump.
NASCAR released a statement Monday (via The Associated Press) saying, in part, the organization was "aware of the incident" and "in the process of gathering information".
NASCAR says it takes France's arrest "as a serious matter and will issue a statement after we have all of the facts".More news: Mom accused of killing daughter had been cleared
France's grandfather Bill France Sr. founded NASCAR in 1948, and France's father assumed command from 1972 to 2000.