NASCAR Faces Market Control Lawsuit, Judge Rules in Favor of Race Teams
Episode

NASCAR Faces Market Control Lawsuit, Judge Rules in Favor of Race Teams

In a major victory for two NASCAR race teams, including Michael Jordan's, a federal judge ruled in their favor on a key point in their antitrust lawsuit against NASCAR. The decision highlights NASCAR's control over the premier stock-car racing market, making it difficult for teams to race in other series as an equal alternative. With the trial set to begin on December first, NASCAR is under pressure to settle the lawsuit, as the teams argue that the Cup Series is the only buyer for premier stock car racing services. The judge's ruling also contradicts NASCAR's own counterclaim, stating that the teams conspired together in negotiations. The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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