Kyle Busch (18) and Austin Cindric (22) take to the track for the Food City 300 at Bristol Motor Speedway in Bristol, Tennessee. Photo: Action Sports Photography/Shutterstock.com 'Stock Car Monopoly'?: Winston Lawsuit Alleges NASCAR Anticompetitive Scheme
NASCAR requires stock car race teams to sign "one-sided contracts" preventing them from competing elsewhere in violation of the Sherman Act, according to the complaint submitted by Winston partner Danielle T. Williams on behalf of two race teams.
October 03, 2024 at 03:19 PM
3 minute read
Antitrust
What You Need to Know
- Winston & Strawn filed an antitrust complaint on behalf of two NASCAR race teams.
- Front Row Motorsports and 23XI Racing accuse NASCAR of maintaining an unlawful monopoly.
- NBA legend Michael Jordan co-owns 23XI and previously criticized the NASCAR business model.
Winston & Strawn has filed an antitrust lawsuit accusing NASCAR of maintaining an unlawful monopoly over premier stock car racing in the United States.
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