UPDATE: NASCAR settles federal antitrust case, gives all its teams the permanent charters they wanted
Teams have argued for more than two years that their charters needed to be made permanent and revenue sharing had to change.
Teams have argued for more than two years that their charters needed to be made permanent and revenue sharing had to change.
The federal lawsuit holds the potential to drastically reshape the way NASCAR operates and could have indirect impacts on IndyCar and the motorsports industry.
The federal antitrust lawsuit holds the potential to drastically reshape the way NASCAR operates and could have indirect impacts on IndyCar and the motorsports industry.
Jordan’s involvement in the court case has put a spotlight on NASCAR that it doesn’t want.
Teams have gone on record calling for both a settlement and the protection of the charter system that is at the heart of NASCAR’s business model and the focal point of the court fight.
DJ Envy, co-host of nationally syndicated radio show “The Breakfast Club,” will provide a soundtrack for “23XI Intersect.”
Larson has been waiting for a second chance at “the Double”—driving in the Indianapolis 500 and the Coca-Cola 600 in Charlotte, North Carolina—after last year’s weather put a damper on his plans.
Two NASCAR teams—one of them owned by Michael Jordan—filed a federal antitrust lawsuit against the stock car series and chairman Jim France on Wednesday, claiming the new charter system limits competition.
Larson in May became the fifth driver in history to attempt to complete both the Indy 500 and Coca-Cola 600, but weather issues thwarted the effort.
Ryan Blaney thought he was perfectly positioned to win the Brickyard 400 on Sunday, but the restart rule worked against him.
Larson has won three of NASCAR’s crown jewel races, missing only the Daytona 500. And his return to Indy was every bit as exciting as it was in May.
Negotiations on a new revenue-sharing model have deteriorated, but The teams do not want to create a breakaway series of their own, citing the demise of CART when Tony George took the Indianapolis 500 away and formed a rival league.
The surprise announcement means Larson would become just the fifth driver to run “The Double” on Memorial Day weekend, driving the Indy 500 and Coca-Cola 600 in North Carolina on the same day.
Johnson for sure won’t return for a second full IndyCar season with Chip Ganassi Racing. He raced only the street and road courses in 2021, added the ovals to run the full 2022 season and now isn’t even sure if he’ll run IndyCar at all.
To his chagrin, Jimmie Johnson has performed poorly on IndyCar’s road and street courses this season, but he suspects that his experience with ovals in NASCAR will carry over to the Indy 500 if he can pass the rookie orientation program.
The seven-time NASCAR champion will work with the Ganassi organization to finalize sponsorship on a two-year partnership that could pair two of the most dominant drivers of this generation on one team.
The ban was announced before Wednesday night’s race at Martinsville Speedway in Virginia, where the series’ only black drive, Bubba Wallace, drove Richard Petty Motorsports’ No. 43 Chevrolet with a #BlackLivesMatter paint scheme.
The decision came after at least two Monday conference calls between the sanctioning body and its team owners. It affects seven total races.
The NASCAR Xfinity Series—the second tier in professional stock-car racing—will run the race Saturday, July 4, on a road course that uses part of the historic speedway oval.
Advance sales for the race at Indianapolis Motor Speedway topped 50,000 tickets, but walk-up business was limited by a threat of rain on Sunday.