23XI Racing and Front Row Motorsports are intensifying their efforts to reveal what they contend is monopolistic control by the France family in a court dispute that might change the course of NASCAR’s future. 23XI Racing and Front Row Motorsports are intensifying their efforts to reveal what they contend is monopolistic control by the France family in a court dispute that might change the course of NASCAR’s future. Their most recent action is to demand that other significant sports leagues provide them with private financial information to bolster their antitrust claim. On April 7, the two NASCAR teams filed a motion against Liberty Media in the U.S. District Court of Colorado.
The action aims to force Formula 1’s parent business to abide by a previous subpoena that required the submission of detailed financial and operational records from the competition. The larger backdrop of this motion is part of a larger legal strategy where the teams wish to compare NASCAR’s revenue model to that of other well-known sports, a practice known in legalese as the “yardstick method.” In order to prove that NASCAR is breaking antitrust laws by operating what they call an illegal monopoly run by the France family, they gather information from organizations such as Formula One.
