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Home World USA

NASCAR Shocks FRM and 23XI by Withdrawing Charter Offer Amid Legal Dispute

12 December 2024
in USA
NASCAR Shocks FRM and 23XI by Withdrawing Charter Offer Amid Legal Dispute
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NASCAR has withdrawn its charter offers to Front Row Motorsports and 23XI Racing amidst a legal dispute over antitrust claims. The lawsuit alleges that NASCAR’s charter system and revenue-sharing practices are anti-competitive, with NASCAR allegedly linking charter approvals to dropping lawsuits. The dispute, now in court, centers on objections to the transfer, impacting team expansion plans and highlighting tensions over revenue-sharing and governance issues within NASCAR.

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Tags: 23XIcharterdisputeFRMLegalNASCARoffershockswithdrawing
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