Unraveling a multi-billion-dollar enterprise can give goosebumps. That is happening in the NASCAR lawsuit, as the federal court picks apart the stock car racing body’s financial assets. And as the charter trials progress, the more evidence of ‘monopolistic practices’, the primary basis of the lawsuit, we discover. The latest evidence concerns NASCAR’s crippling losses in twin experimental races and also the control of Cup teams.
NASCAR lawsuit exposes authoritarian dilemma
“Steve O’Donnell says NASCAR lost $55 million on the Chicago street race through three years and $6 million on the Mexico City race in one year, numbers Jeffrey Kessler appeared to ask for to suggest to the jury that it’d be hard for a competitor to exist given financial hurdles,” journalist Adam Stern wrote on X.
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