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US Court of Appeals rules former NASCAR team owner pay $31M

Summary by Racing News
The ruling is related to the bankruptcy of BK Racing Ron Devine was the owner of BK Racing who raced in the NASCAR Cup Series. The team went bankrupt following the 2018 season. NASCAR team files for bankruptcy ahead of Daytona 500 (February 15) The owner was indicted in 2023 with four counts of failure to pay payroll taxes. The team sold their charter to Front Row Motorsports. However, Union Bank & Trust Company claimed that they owned the chart…
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