CHARLOTTE, N.C. — The antitrust lawsuit against NASCAR by 23XI Racing and Front Row Motorsports continues to makes news for its slow pace.
So much so, that presiding Judge Kenneth Bell has added an hour to the court sessions, with the day now lasting from 8:30 am. to 5:30 p.m. Projected to last 10 days, the trial now appears destined for a third week.
Much of the day Monday (day six) was focused on the testimony of Edward Snyder, a former University of Virginia business school teacher. Snyder, who worked in the defense department at one point, is an expert on antitrust law.
Snyder cited specific reasons why he believes NASCAR is a monopoly and used a complicated economic formula, which he applied to NASCAR’s charter system and determined that he believes NASCAR owes Front Row Motorsports $148 million and another $215.8 million to 23XI Racing.
NASCAR disputes Snyder’s calculations. Snyder will be on the stand when court resumes Tuesday morning.
The plaintiff’s have multiple witnesses still to call to the stand, including NASCAR chairman Jim France.
