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A 3-judge circuit court panel in Richmond indicated it would overturn an injunction granted by a district court that allows 23XI Racing & Front Row Motorsports to race in NASCAR this season while those 2 teams sue the series, alleging its charters violate federal antitrust laws.
I have said since the start and feel same today it would be best if teams and NASCAR could have agreed to let 23XI/FRM be guaranteed spots for 2025 but get paid as open and all charter $ put in escrow with 23XI/FRM getting it if they win; other teams get it if NASCAR wins. https://t.co/qppH5H43k0
Hearing is over. Judges seemed troubled that 23XI/FRM trying to have cake (be chartered) & eat it too (sue under antitrust violations) & whether not-to-sue clause in charter agreement is violation of antitrust law. Implied either sign charter or sue for damages while racing open. https://t.co/4kN3C7nhGy
I have said since the start and feel same today it would be best if teams and NASCAR could have agreed to let 23XI/FRM be guaranteed spots for 2025 but get paid as open and all charter $ put in escrow with 23XI/FRM getting it if they win; other teams get it if NASCAR wins. https://t.co/qppH5H43k0
A 3-judge circuit court panel in Richmond indicated it would overturn an injunction granted by a district court that allows 23XI Racing & Front Row Motorsports to race in NASCAR this season while those 2 teams sue the series, alleging its charters violate federal antitrust laws.
Appeal hearing for 23XI, FRM v NASCAR injunction just ended. This is about the decision to grant teams charter status in '25. Presiding judge was struggling to accept teams' position on the injunction, independent of the lawsuit on the merits. I'll have a full recap in a bit.
Here's the phone-in number (& rules) for the hearing at 5pm before Judge Boasberg in JGG. I'm going to try to be in the courtroom, so won't be able to live-blog. But if my notes are good, I'll try to write them up later. ... 1/2 https://t.co/hXNkqLCAcq
A 3-judge circuit court panel in Richmond indicated it would overturn an injunction granted by a district court that allows 23XI Racing & Front Row Motorsports to race in NASCAR this season while those 2 teams sue the series, alleging its charters violate federal antitrust laws.
