NASCAR Faces Legal Challenge as Antitrust Lawsuit Accelerates in Auto Racing World
Daytona Beach, Fla. — A recent legal challenge pits a small auto racing team against the giant of motorsports, NASCAR, in a dispute that could have far-reaching implications for how racing competitions are conducted in the United States. Filed in federal court, the lawsuit by Team Racing accuses NASCAR of leveraging its dominance to manipulate competition rules and sponsorship arrangements to the disadvantage of smaller teams. At the heart of the matter, Team Racing claims that NASCAR’s actions have stifarled its business operations and limited its ability to compete fairly in the racing industry. This … Read more