{"id":273042,"date":"2025-11-09T23:36:08","date_gmt":"2025-11-09T23:36:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/273042\/"},"modified":"2025-11-09T23:36:08","modified_gmt":"2025-11-09T23:36:08","slug":"antitrust-expert-downplays-nascar-split-concerns-amid-ongoing-lawsuit","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/273042\/","title":{"rendered":"Antitrust expert downplays NASCAR ‘split’ concerns amid ongoing lawsuit"},"content":{"rendered":"

The ongoing NASCAR lawsuit has put the fear in many fans that a potential split like what happened to IndyCar, <\/a>is likely. Antitrust expert Professor Harry First of NYU has thrown some water on that fire recently. He doesn\u2019t foresee a split happening in stock car racing. <\/p>\n

While the NASCAR media can do its best job to play lawyer, nothing is better than having an actual expert. Professor First was on Bloomberg Law podcast with June Grasso this week. In the podcast, he went over the latest in the NASCAR antitrust lawsuit. <\/p>\n

So, what is going on exactly in the NASCAR lawsuit? Who is doing what? And what is the ultimate goal of the case? <\/p>\n

\u201cIt seems to me, what they\u2019re really arguing over is, how do we split the pot?\u201d First said of the plaintiffs\u2019 lawsuit<\/a>. \u201cSo that the teams have enough money to invest in these fast cars and all the things we need to do. You know, at the end of the day, perhaps unfortunately for consumers is there\u2019s not going to be another circuit. <\/p>\n

\u201cBecause these are private players pursuing this. So, the goal is not to split up NASCAR so there are competing circuits and you\u2019d have real competition in this kind of racing. This is not Michael Jordan\u2019s goal; this is not the goal of private parties. The goal is to basically split the monopoly profits differently. So, they\u2019ll likely benefit. Consumers? I don\u2019t know, maybe not so much.\u201d <\/p>\n

Michael Jordan and Denny Hamlin aren\u2019t seeking to create a new NASCAR with this lawsuit. They simply want the current system to be improved so that everyone benefits. Is that possible? Well, we\u2019ll see. <\/p>\n

The 23XI Racing and Front Row legal team will seek damages in this case. Losing charter status in 2025 cost those teams millions of dollars, potentially. <\/p>\n

\u201cAsking for damages in a jury trial is a good move,\u201d First explained. \u201cParticularly these days. I mean, juries have come in with some pretty big verdicts in these big cases against major defendants. You know, Google was one example. So, yeah, defendants have never liked jury trials.\u201d <\/p>\n

With a superstar like MJ in the courtroom, NASCAR will be in a tough position. While jury trials are about being fair and having your peers in the citizenry decide on a matter. But jury members are still human. Getting starstruck by a party to the lawsuit is not a new phenomenon. It is something NASCAR will have to fight against, though.<\/p>\n","protected":false},"excerpt":{"rendered":"The ongoing NASCAR lawsuit has put the fear in many fans that a potential split like what happened…\n","protected":false},"author":2,"featured_media":273043,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[446],"tags":[49,48,634,82],"class_list":{"0":"post-273042","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-nascar","8":"tag-ca","9":"tag-canada","10":"tag-nascar","11":"tag-sports"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/273042","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=273042"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/273042\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/273043"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=273042"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=273042"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=273042"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}