P1racenews AI automatic summary:
NASCAR’s motion to dismiss 23XI Racing and Front Row Motorsports’ antitrust lawsuit has been denied. U.S. District Judge Kenneth Bell made his ruling Friday. He heard oral arguments ear…
“NASCAR’s motion to dismiss the antitrust lawsuit filed by 23XI Racing and Front Row Motorsports was denied by U.S. District Judge Kenneth Bell. Bell’s ruling, issued on Friday, stated that the case has sufficient evidence to proceed and that the parties should have the opportunity to conduct further discovery and trial. The lawsuit accuses NASCAR of anti-competitive practices and the France family of monopolizing stock car racing illegally. A trial date has been set for December 1st, with NASCAR’s motion for bond also being denied by the court. The bond, intended to ensure reimbursement if NASCAR prevailed, was rejected as the harm alleged by NASCAR was deemed uncertain and unquantified at this stage.”