CHARLOTTE, N.C. (AP) — The federal antitrust trial against NASCAR opened Monday with the star power of Michael Jordan on hand as a jury of nine was seated to hear allegations that the stock car series is a monopolistic bully that leaves its teams no option but to comply with rules and financing they don't agree with.
The retired NBA Hall of Famer is the co-owner of the 23XI Racing team at the top Cup Series level. 23XI and Front Row Motorsports sued the series last year rather than sign extension agreements on new charters, which are franchise-type designations that serve as the framework for the revenue stream between NASCAR and the teams.

Star Beacon

Local News in New York
America News
Local News in New Jersey
Associated Press US News
AlterNet
Raw Story
Reuters US Business
Bozeman Daily Chronicle Sports