Teams Hire Top Antitrust Lawyer

NASCAR teams have enlisted top antitrust and sports lawyer Jeffrey Kessler to assist in their dispute with the stock car series over a new revenue-sharing plan. Following a meeting involving major team owners, Kessler’s hiring underscores a breakdown in negotiations, exacerbated by NASCAR’s firm stance on terms.

The teams, seeking fair terms, are pushing for permanent charters, which NASCAR has not entertained. Despite attempts at resolution, negotiations have stalled, prompting teams to bring in legal counsel. Kessler’s track record includes landmark cases in college sports and advocating for fair compensation in professional leagues.

Issues extend beyond revenue sharing to governance and equitable participation in decision-making. Teams feel sidelined and seek a collaborative approach to revenue opportunities. Concerns arise as NASCAR ventures into areas like gambling, with teams wanting a fair share of profits.

While teams emphasize incremental revenue sharing, they disavow notions of retroactive compensation. Despite tensions, there’s no talk of forming a breakaway league. Negotiations continue amid the desire for a fair and collaborative future in NASCAR.