The Independent Student Newspaper of Northern Kentucky University.

The Northerner

Kentucky Speedway revises lawsuit against NASCAR

Will Graves, Associated Press

Hang on for a minute...we're trying to find some more stories you might like.


Email This Story






Kentucky Speedway no longer wants NASCAR to bring a Nextel Cup race to the track as part of its antitrust lawsuit against the racing giant and International Speedway Corp.

The speedway filed an amended complaint in U.S. District Court on Friday, saying instead of a Nextel Cup race, it wants a judge to break up NASCAR and ISC, both of which are controlled by Bill France and members of his family.

The lawsuit claims breaking up the monopoly would require NASCAR to “develop objective factors for the award of Nextel Cup races that benefit the sport.”

The speedway is asking that ISC be ordered to sell at least eight of the 12 tracks it owns that host Nextel Cup races and that the speedway be awarded in excess of $200 million in damages, which would automatically be tripled under federal law if the speedway wins the suit.

The speedway originally filed the lawsuit in 2005 alleging NASCAR and ISC created a monopoly by restricting which tracks were selected to host Nextel Cup races. That complaint asked that NASCAR be required to award a Nextel Cup race to the 1.5-mile tri-oval speedway, located in Sparta, about 60 miles northeast of Louisville.

NASCAR and ISC have denied the antitrust claims in court filings and have called the speedway’s allegations “thinly concealed expressions of bitterness against a more successful promoter.”

The track, which opened in 2000, annually hosts NASCAR Busch Series and NASCAR Craftsman Truck Series races, but has yet to host a Nextel Cup race despite claiming it would benefit both the track and NASCAR.

“An additional race on the schedule will generate more revenue, sanction fees, and profit for NASCAR,” the complaint says. “Yet NASCAR refuses to grant an additional race to Kentucky Speedway because it is not owned by ISC.”

The lawsuit claims NASCAR and ISC have worked together to create an unfair environment for independently owned tracks. Kentucky Speedway one of several tracks that have unsuccessfully sought a race in the elite Cup series.

Print Friendly, PDF & Email

Comments

comments

The Independent Student Newspaper of Northern Kentucky University.
Kentucky Speedway revises lawsuit against NASCAR