Behind the Scenes: Race Teams Run on Money; Pam Mathis Keeps JRM’s All in Line

Ron Lemasters | JR Motorsports | 9/30/2016

News

There’s an old adage that says, “Speed costs money; how fast do you want to go?” Money requires someone to keep track of it and at JR Motorsports that person is Pam Mathis, accounting specialist.

MOORESVILLE, N.C. (Sept. 30, 2016) – There’s an old adage that says, “Speed costs money; how fast do you want to go?” Like most adages, there is more than one grain of truth in it. Speed requires a lot of money, and money requires someone to keep track of it.

At JR Motorsports that person is Pam Mathis, accounting specialist.

“My main job is, I do all the accounts payable for all the race teams,” she said from her second-floor office at the JRM campus. “I process, pay and account for all the money that is used to supply them. I’m very active with the parts department as far as setting up parts, doing inventory and keeping the accounting system down there going. I make sure the approvals are done appropriately. I also do the accounting for our production company, Hammerhead Productions.”

That’ll keep you busy, won’t it? In addition, she helps with procuring hotels and contracts for the travel teams, which are on the road more than 30 weekends a year. With three full-time NASCAR Xfinity Series (NXS) teams and a single NASCAR Camping World Truck Series (NCWTS) entry, that’s more than 50 people on the road at any point during the season. That’s not a small job.

Those who have traveled to NASCAR races know that it is expensive on a personal level; when you’re dealing with a mass of working people all going to the same place at the same time, there are details upon details. Mathis keeps track of all the expenditures from 33 weekends, and sometimes has to go deep into the numbers to keep it all straight. In essence, she keeps track of the pennies when the tendency can be to pitch nickels across the road.

“If there’s a penny missing, I can find it,” she said with a laugh. “And if there’s a penny extra spent, I’ll find out why!”

Since joining the staff in February of 2007, Mathis has seen the company more than double in size. When she came to work here, she said, the company had less than 60 employees. Now it’s more than 140. Despite its size, Mathis says JRM is a family place, and that’s important.

“It’s the family atmosphere and the connection,” she said. “It’s more than co-workers; it’s your family, and it makes me want to come to work in the mornings.”

Her busiest times are when the teams are off the road, building for the upcoming season.

“Year-end, when we’re closing our books, and the beginning of the year, when we’re finalizing all of our contracts for travel, gearing up and building cars and getting ready for year-end inventory are the busiest times for me,” she said, still smiling.

In the nearly 10 years she’s been with JRM, Mathis sees a big difference from then to now.

“We’re stronger,” she said. “Our confidence level is more than it used to be. We’ve proven ourselves and it’s because of what we’ve done on the track. I’m proud to be part of that.”

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Homestead-Miami Speedway | 11/16/2019
RankDriverPointsBehind
1Tyler Reddick (P)40400
2Cole Custer (P)4035-5
3Christopher Bell (P)4032-8
4Justin Allgaier (P)4023-17
5Chase Briscoe #2302-1738
6Austin Cindric2294-1746
7John Hunter Nemechek #2253-1787
8Noah Gragson #2246-1794
9Michael Annett2239-1801