NASCAR President Steve Phelps Says Organization Trying Hardest to Settle Antitrust Lawsuit Before December Trial
NASCAR President Steve Phelps Says Organization Trying Hardest to Settle Antitrust Lawsuit Before December Trial

NASCAR President Steve Phelps Says Organization Trying Hardest to Settle Antitrust Lawsuit Before December Trial

News summary

NASCAR President Steve Phelps has emphasized the organization's strong commitment to settling the ongoing federal antitrust lawsuit filed by 23XI Racing and Front Row Motorsports, which challenges NASCAR's charter system. Both teams, which did not sign the new charter agreement in October 2024, accuse NASCAR and CEO Jim France of monopolistic practices, and the case is scheduled for trial in December 2025 if unresolved. Despite recent mediation sessions failing to reach a settlement, NASCAR continues to pursue resolution to protect the sport's integrity and fan experience. Phelps highlighted that only two of the fifteen teams oppose the current system, and he expressed optimism about the quality of racing in the Next-Gen era, underscoring the sport's commitment to fans. The lawsuit has brought financial scrutiny to NASCAR, and its outcome could significantly impact teams and the sport's future. Meanwhile, NASCAR is also focusing on expanding its global audience, recently hosting a race in Mexico City that outperformed competitor viewerships, indicating growth potential beyond U.S. borders.

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