Several NASCAR team investors and industry executives feel charter values have gone up overnight with the establishment of evergreen provisions, with some predicting a near doubling of value right away. This season, Legacy Motor Club paid Rick Ware Racing $45M for a charter, one of the 36 that make up the system established in 2016, […]
The eighth day of the NASCAR antitrust lawsuit saw NASCAR Chairman Jim France conclude his cross-examination before the defense (NASCAR) called its first witness. NASCAR’s attorneys have stated that they hope to wrap up their arguments by end of day Friday. Witnesses called to the stand during Wednesday’s session were NASCAR executive vice president and […]
The sixth day, the start of the second week, of the NASCAR antitrust lawsuit kicked off on Monday. Witnesses called to the stand during the day were Jonathan Marshall of the Race Team Alliance, wrapping up his testimony from Friday, and Edward Snyder, a professor of economics. NASCAR Wire Service: In the Western District of […]
2311 Racing LLC et al v. National Association for Stock Car Auto Racing, LLC et al, Case Number 3:2024cv00886 gets underway in the United States Western District of North Carolina courthouse today with Judge Kenneth Bell presiding. What the case is about: 23XI and Front Row sued NASCAR in October 2024, claiming the sanctioning body […]
Among the last-minute filings in the NASCAR antitrust suit are the parties‘ massive exhibit lists – documents that preview the evidence each side may rely on at trial. The teams‘ list spans 778 exhibits, and the material condenses into eight major themes. Most items center on charter negotiations, including emails, letters, redlines, and strategy decks […]
Richard Childress issued a statement Monday following the release of comments from NASCAR Commissioner Steve Phelps that were made public last week during trial preparations for the upcoming antitrust lawsuit. Childress says he is considering legal action. Phelps’ comments were originally made back in 2023 after Childress was a guest on SiriusXM. Phelps called Childress […]
Several media members have scoured the latest round of released documents in the pending antitrust lawsuit. There are thousands of pages from both NASCAR at the teams covering a number of years. The amount of information is overwhelming and difficult to digest. They are too numerous to post here individually, so here’s a collection of […]
Rick Hendrick and Roger Penske are seeking not to be deposed in NASCAR‘s antitrust lawsuit, or at least, for there to be limits to any testimony they have to give. A protective order prohibiting depositions or otherwise imposing guardrails on their testimony was filed Friday in federal court. NASCAR is being sued by two of […]
In a wide-ranging discussion of issues vital to the sport of stock car racing, NASCAR commissioner Steve Phelps and president Steve O‘Donnell stressed the momentum the NASCAR racing currently enjoys in Friday morning‘s state-of-the-sport news conference at Phoenix Raceway. Nevertheless, Phelps didn‘t shy away from delineating the challenges currently facing the sport, specifically the lawsuit […]
From the October31, 2025 NASCAR State of the Sport transcript: STEVE PHELPS: So I’m sure there are some questions that you all may have relative to the lawsuit that is ongoing. I typically do not read prepared statements, but I want to make sure I get the words correct and give you some context. There […]
Denny Hamlin met with the media Thursday at Championship 4 media availability in Phoenix. Fox Sports’ Bob Pockrass asked him about his focus this week and the status of reported lawsuit settlement discussions: Pockrass: …some movement in the lawsuit and more settlement stuff. I’m curious, do you get updates this week or do you ask […]
A number of documents were filed with the court today in the pending antitrust lawsuit. Among them were proposed jury instructions, verdict forms, and stipulations that NASCAR and the teams agreed to. The stipulations are agreed to by all parties and include: 1. The Parties will not make any ad hominem personal attacks or otherwise […]