CRIME & LAW
Neutral Sentiment

Judge Pushes For Speed Amid NASCAR Antitrust Trial

Media Bias Meter
Sources: 5
Center 100%
Sources: 5

CHARLOTTE, N.C. — U.S. District Judge Kenneth D. Bell presided as the federal antitrust trial by 23XI Racing and Front Row Motorsports against NASCAR entered its second week Tuesday. Plaintiffs’ lead attorney Jeffrey Kessler presented an expert economist’s testimony estimating $364.7 million in damages, allocating about $215.8 million to 23XI and $148.9 million to Front Row. The court spent hours resolving late objections and Judge Bell admonished counsel for delays, requesting extra jury hours to expedite proceedings. Witness schedules remain uncertain while the trial proceeds on issues stemming from the 2025 charter agreement. Based on 6 articles reviewed and supporting research.

Timeline

  • 2016: NASCAR’s charter system began, altering team revenue sharing.
  • 2024 (September): NASCAR presented the 2025 charter agreement with a same-day deadline to sign.
  • Early 2025: Plaintiffs 23XI Racing and Front Row filed an antitrust suit challenging revenue-sharing practices.
  • Second week of trial (March 2025): Economist Edward Snyder testified, estimating $364.7 million in damages.
  • During trial week: Judge Kenneth D. Bell admonished counsel for delays and ordered extended jury hours to expedite the case.
Media Bias
Articles Published:
5
Right Leaning:
0
Left Leaning:
0
Neutral:
5
Who Benefited

If the court awards damages, 23XI Racing and Front Row Motorsports and their investors would receive financial compensation that could offset alleged lost revenues and strengthen their negotiating position with NASCAR.

Who Suffered

NASCAR, its executive leadership, and chartered teams could face financial liability, reputational risk, and pressure to alter revenue-sharing structures if the plaintiffs prevail.

Expert Opinion

After reading and researching latest news.... The court heard economist Edward Snyder estimate $364.7 million in damages; Judge Kenneth D. Bell pressed counsel over procedural delays and extended jury hours; plaintiffs allege NASCAR’s 2025 charter revenue sharing reduced team revenues and competition. Expert testimony continues as trial schedules remain unsettled.

Media Bias
Articles Published:
5
Right Leaning:
0
Left Leaning:
0
Neutral:
5
Distribution:
Left 0%, Center 100%, Right 0%
Who Benefited

If the court awards damages, 23XI Racing and Front Row Motorsports and their investors would receive financial compensation that could offset alleged lost revenues and strengthen their negotiating position with NASCAR.

Who Suffered

NASCAR, its executive leadership, and chartered teams could face financial liability, reputational risk, and pressure to alter revenue-sharing structures if the plaintiffs prevail.

Expert Opinion

After reading and researching latest news.... The court heard economist Edward Snyder estimate $364.7 million in damages; Judge Kenneth D. Bell pressed counsel over procedural delays and extended jury hours; plaintiffs allege NASCAR’s 2025 charter revenue sharing reduced team revenues and competition. Expert testimony continues as trial schedules remain unsettled.

Coverage of Story:

From Left

No left-leaning sources found for this story.

From Right

No right-leaning sources found for this story.

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