One week after the trial in 23XI Racing/Front Row Motorsports’ antitrust case against NASCAR began, a financial breakdown of the damages the organizations are suing for has been presented. 

On Monday, economist Dr. Edward Snyder, an economics professor at Yale University who worked in the Department of Justice’s Antitrust Division, took to the witness stand in court in Charlotte. 

Economist gives full breakdown of how much money the organizations are suing for

Snyder, whose cross-examination will continue into Tuesday, gave examples of Formula 1 teams receiving more money after a perceived threat from a rival. 

Snyder also claimed that Formula 1 is not a monopoly, per Sports Business Journal’s Adam Stern.Â