NASCAR teams have hired a top antitrust lawyer ahead of the Daytona 500 to assist in negotiations for a new charter agreement. The teams are in discussions with NASCAR regarding a revenue sharing agreement, with no plans for a breakaway league or races at non-NASCAR facilities. NASCAR declined an invitation from the Race Team Alliance for a group meeting on the charter system negotiations, opting to continue meeting with owners individually. NASCAR President Steve Phelps hints at potential races in various locations next year.
Team hire antitrust lawyer for negotiations with NASCAR https://t.co/5GPnR6r4uO
NASCAR teams tell AP they've hired top antitrust lawyer on eve of Daytona 500 https://t.co/kfxycDc4wL
🗣️ "We're gonna get it done, the only question is when [...] we're going to do a fair deal." #NASCAR President @stevephelps on the ongoing charter negotiations between the teams and sanctioning body ⬇️ Listen to the full interview → https://t.co/KWZnkErlHa https://t.co/uc3IK9mpY6
Per the AP: The teams that race in the Cup Series have retained the sports antitrust lawyer responsible for NCAA NIL and player compensation victories as it negotiates with NASCAR or a new revenue sharing agreement. https://t.co/mmD62fBIEN
.@NASCAR declines @RaceTeamAllianc offer for charter meeting on eve of #DAYTONA500 as deal proves elusive https://t.co/9NytUNZzym
"The negotiating team said there has been no discussion of creating a breakaway league not sanctioned by NASCAR, and there is no current consideration of staging races at non-NASCAR facilities without NASCAR governance." - @AP https://t.co/eBP4QVQz2p
#NASCAR NEWS: On eve of #Daytona500, teams tell me they have hired one of top antitrust lawyers in the country to consult them in their negotiations on a new charter agreement: https://t.co/bXbIWhEIrx
NASCAR teams tell AP they've hired a top antitrust lawyer on the eve of the postponed Daytona 500. https://t.co/wGacYPUiva
NASCAR president Steve Phelps on schedule, charters and more. He hints there could be NASCAR races north of the border, south of the border and in Southern California next year. https://t.co/mGEbTxmIm0
.@RaceTeamAllianc invited @NASCAR to a group meeting yesterday in Daytona to discuss the charter system negotiations, but NASCAR declined and said it's sticking with its process of meeting with owners individually (along with quarterly Team Owner Council sessions), per sources. https://t.co/4nInX1d5zB