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[ 08:25 PM ] - Newsweek
NASCAR Antitrust Lawsuit Judge Delivers Verdict On 23XI And FRM Injunction After Appeal

NASCAR Antitrust Lawsuit Judge Delivers Verdict On 23XI And FRM Injunction After Appeal


Published on 2024-12-26 20:25:17 - Newsweek
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  • A federal judge's ruling in the NASCAR antitrust lawsuit allows agreements between 23XI Racing, Front Row Motorsports, and Stewart-Haas Racing to proceed.

The article from Newsweek discusses a significant development in the ongoing antitrust lawsuit against NASCAR. A federal judge has denied an injunction sought by 23XI Racing and Front Row Motorsports (FRM) that would have allowed them to participate in NASCAR's charter system, which guarantees teams entry into races. The teams appealed a previous decision that dismissed their claims against NASCAR for allegedly monopolistic practices. The judge's recent ruling means that these teams will not receive immediate relief to secure charters for the upcoming season, impacting their ability to compete. This decision upholds NASCAR's current business model, where charters are not automatically granted, and teams must meet specific criteria or negotiate for them. The lawsuit continues, with the teams arguing that NASCAR's control over charters stifles competition and innovation in the sport.

Read the Full Newsweek Article at:
[ https://www.newsweek.com/sports/racing/nascar-antitrust-lawsuit-judge-delivers-verdict-23xi-frm-injunction-after-appeal-2006399 ]
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