NASCAR News
Latest NASCAR News
Michael Jordan and Heather Gibbs are expected to testify Friday in the antitrust case that claims NASCAR has acted as monopolistic bullies.
The attorney for the two teams suing NASCAR portrayed series chairman Jim France as “a brick wall” in negotiations over the new revenue-sharing model.
Teams asked for an improved revenue model in early 2022 and argued the system at the time was unsustainable, testified NASCAR president Steve O’Donnell.
Front Row Motorsports owner Bob Jenkins testified on the fourth day of the antitrust case that accuses NASCAR of being a monopolistic bully in violation of federal antitrust laws.
Jenkins testified Wednesday that NASCAR’s offer for a new charter agreement came with a deadline of mere hours to sign the 112-page document.
Front Row and 23XI contend that NASCAR is a monopoly that has handcuffed teams with a no-win revenue model.
Denny Hamlin testified how agreeing to NASCAR’s charter proposal last fall would have been like signing his own “death certificate.”
The landmark federal antitrust trial against NASCAR opened Monday with Denny Hamlin breaking down in tears minutes into his testimony.
Justin Allgaier finished ninth in the team’s Cup debut last year at season opener.
The latest edition will feature updated body stylings.
