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NASCAR chairman Bill France Jr. was recovering Thursday from bypass surgery that doctors recommended after he fell and broke his hip earlier this week.

The 69-year-old France was headed to dinner with a friend Tuesday evening when he fell and broke his right hip, NASCAR said in a statement. While being treated for the injury at a Daytona Beach, Fla., hospital, doctors recommended bypass surgery, which he had on Wednesday.

``I have spoken to my brother and he is alert and in good spirits,'' said James France, president of International Speedway Corporation. ``The doctors say to expect a full recovery.

``With regards to the company, we have a strong management team in place and expect ongoing operations to continue to run efficiently.''

France is the CEO for NASCAR and ISC, which owns 12 of the major motorsports facilities in the country, including Daytona International Speedway and Darlington Raceway, where NASCAR races this weekend.

``We have a great team at NASCAR and we will press on with business,'' NASCAR president Mike Helton said. ``Bill expects no less.''

France completed cancer treatments last year, but he's still recovering from the illness he was diagnosed with 19 months ago. During that time, he relinquished the role of NASCAR president to Mike Helton.

His health improved and he was visible at races again and involved in day-to-day operations with the family business. NASCAR was founded by his late father, Bill France Sr.