Hamlin: NASCAR's Charter Deal 'Death Certificate'

Denny Hamlin, a three-time Daytona Five Hundred winner, testified in a federal antitrust trial against NASCAR, revealing that his co-owned race team spent over seven hundred thousand dollars on the series in twenty twenty-two alone. He highlighted the financial struggles of many teams, stating that agreeing to NASCARs charter proposal would have been like signing his own death certificate. Hamlin also testified about the unprofitability of the new television deal and a meeting with NASCAR chairman Jim France, who suggested teams were overspending. The trial is ongoing, with plaintiffs arguing that the current system is unfair and unsustainable. The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.