NASCAR Teams Resist Financial Disclosure in Antitrust Court Battle

The ongoing legal dispute between NASCAR and two teams, 23XI Racing and Front Row Motorsports, has intensified as NASCAR seeks extensive financial records from 12 other chartered teams not involved in the lawsuit. These teams argue that releasing detailed financial data, including sponsorships, driver salaries, and revenues, would be catastrophic to competitive balance and could risk confidential information leaking to competitors. NASCAR claims this financial information is crucial to defend itself against antitrust allegations, as it accuses 23XI and Front Row of attempting to coerce and extort the sport, violating antitrust laws. The teams have proposed providing anonymized, aggregated financial data limited to Cup Series operations to protect sensitive details, but NASCAR insists on more comprehensive disclosures. U.S. District Judge Kenneth Bell has expressed frustration with the drawn-out proceedings and is set to rule on the matter ahead of a December trial date. Only Kaulig Racing among the chartered teams has agreed to submit the requested financial documents, highlighting the contentious nature of the dispute.