NASCAR ends antitrust fight with 23XI, Front Row
Digest more
NASCAR, 23XI Racing and Front Row Motorsports have reached a settlement in their federal antitrust case, ending the trial on its ninth day.
NASCAR on Thursday reached a deal with 23XI Racing and Front Row Motorsports to end the ongoing litigation. Terms were not yet known.
XI Racing and Front Row Motorsports should be awarded more than $360 million in damages, according to the testimony of the economics expert the teams called upon in their antitrust lawsuit against NASCAR.
After a year since 23XI Racing and Front Row Motorsports filed a federal lawsuit against NASCAR and its chairman, Jim France. The parties go to court:
Here's an updating look at what we're gathering in the aftermath of Thursday's settlement between NASCAR and the two teams suing it.
Probst details patents, supplier oversight, and spending caps as NASCAR counters antitrust accusations from 23XI and Front Row.
NASCAR commissioner Steve Phelps touted the safety of the Next Gen car during his Tuesday testimony in the 23XI Racing and Front Row Motorsports versus NASCAR antitrust lawsuit trial. Phelps testified that the Next Gen car is the “safest car in all of motorsports.”
The antitrust lawsuit filed by 23XI Racing and Front Row Motorsports delivered a long list of grievances, from revenue-sharing inequities to NASCAR’s alleged attempts to tighten its grip on the stock-car landscape.