US Edition
Judge Orders NASCAR Teams to Turn over Financial Data to Stock Car Series, Limits Details
- U.S. District Judge Kenneth D. Bell ordered non-party NASCAR teams to disclose anonymized financial data, warning that full disclosure would be 'catastrophic' to competitive balance.
- NASCAR's subpoena for 11 years of financial data from non-party teams aims to defend against antitrust claims, but teams argue it breaches charter arbitration agreements.
- Attorneys for 12 teams warned that disclosing financial data would be 'catastrophic' to competitive balance; only Kaulig Racing submitted documents, as NASCAR seeks profit margin insights.
- Following Judge Bell's order, teams must provide anonymized financial data to a neutral accountant by Friday noon to protect their competitive interests.
- With the December trial set and summer mediation scheduled, the dispute's outcome could significantly impact NASCAR's revenue sharing and charter system stability.
42 Articles
42 Articles
Judge orders NASCAR teams to turn over financial data
CHARLOTTE, N.C. — A federal judge on Wednesday ordered a dozen NASCAR teams to provide 11 years of financial data to the stock car series as part of an ongoing legal fight but sharply limited what they need to share.
Bristol Herald Courier
OANow.comNASCAR teams fear impact of disclosing financial records
CHARLOTTE, N.C. — Attorneys for 12 of NASCAR's 15 race teams argued in federal court Tuesday that disclosing their financial records to the stock car series would be "catastrophic" to competitive balance and warned that making such details public would…
Teams fear impact of disclosing records
CHARLOTTE, N.C. — Attorneys for 12 of NASCAR's 15 race teams argued in federal court Tuesday that disclosing their financial records to the stock car series would be "catastrophic" to competitive balance and warned that making such details public would…
Associated Press News
NASCAR teams fear 'catastrophic' impact of disclosing financial records during court fight
Attorneys for 12 of NASCAR’s 15 race teams told a federal judge that disclosing their financial records to the stock car series would be “catastrophic” to competitive balance.
Judge limits NASCAR teams’ financial data disclosure
CHARLOTTE — A federal judge on Wednesday ordered a dozen NASCAR teams to provide 11 years of financial data to the stock car series as part of an ongoing legal fight, but he sharply limited what they need to share. A day after hearing arguments from both sides, U.S. District Judge Kenneth Bell of the
Coverage Details
Bias Distribution
- 55% of the sources are Center
To view factuality data please Upgrade to Premium
