This could get interesting

[arob]

Michael Jordan Is Suing NASCAR And He's Right (msn.com)

[ron.brown11]

25 minutes ago, arob said:

Michael Jordan Is Suing NASCAR And He's Right (msn.com)

I agree arob. It must have stunned the talking heads in Daytona too. Nothing of their website as of yet. The thing is, NASCAR has always been a pay to play business model, and a monopoly. I don't see NASCAR prevailing, if this actually goes to trial. 

[Radical]

I don't agree with them suing NASCAR. It's basically no difference than you going to work for someone else. You know what you're in for when you hire on and if you don't agree, just leave and go somewhere else. I also believe that the parties who brought the lawsuit should not be allow to compete until the suit is settled. 

Edited October 3, 2024 by Radical

[NickHolt]

Some monopolies, like municipal water supply companies, are there for the common good and are basically benevolent. But some are not so benevolent. Many believe NASCAR falls into the latter category. 

 

[24nomo]

Nascar is not like a municipal water supply company.  Nascar is for entertainment purposes.  Michael Jordon does not have to play on that playground if he doesnt like it.  I honestly hope Nascar wins the suit.   Two bullies going after each other.  Now the attorneys are going to get rich

Edited October 3, 2024 by 24nomo

[ron.brown11]

10 hours ago, Radical said:

I don't agree with them suing NASCAR. It's basically no difference than you going to work for someone else. You know what you're in for when you hire on and if you don't agree, just leave and go somewhere else. I also believe that the parties who brought the lawsuit should not be allow to compete until the suit is settled. 

arob, nobody involved on any race team actually works for NASCAR. Every single one of the teams that actually gets funds from NASCAR, also gets a 1099 form, that shows what NASCAR gave them. Every race team is an independent contractor, they are not employees of NASCAR. Anybody that works for any race team is paid by that team, and is an employee of that team, not NASCAR.

24nomo, here's where things get sticky for both sides. The thing that hurts the race teams is the charters. Even though this has been the biggest sticking point (almost more so than the $$ split of the new tv contract), this will be viewed in a court of law, when claiming NASCAR has a monopoly. Because the teams/RTA have bought into the charter system, it will make the monopoly claim much more difficult to prove. When each team agreed to "accept" a charter, they agreed to be at every race, and with what ever car that NASCAR deemed to be in compliance with the rules. So really, the only thing that has changed since the inception of the charter system, has been this new car, and that can't be built entirely by the teams anymore. But let there be no doubt, NASCAR does have a monopoly. Before NASCAR agreed to have the charters, there was a lot of talk about suing NASCAR for guess what, being a monopoly. That went away once the charters were issued. Here's NASCAR's problem, if this ever gets in front of a jury. It's not that the France family owns it all, or that they own most of the tracks. It will be because they force the teams to only race "their" cars, with no other car as an option. When you own the game, and they can only compete with their car, that's now a monopoly. And because NASCAR owns the rights to those cars (I guarantee you that NASCAR has contracts with every single supplier, that won't allow them to be sold to anybody, as all of this stuff passes through HQ in Daytona), those cars legally wouldn't be able to be raced anywhere else. Rendering all of the teams' car inventory worthless. If you recall , when this new car was being implemented, there was a strict number of cars that any team would be allowed to own. Most thought that this was because NASCAR didn't want the small teams to be forced to wait, while all these chassis' went to the big teams. And in the beginning, that was true. However, 4 years in, and there is still a strict number of chassis' that any team can have. If any team wants to replace a chassis, they still have to turn in a damaged one. The front clip, rear clip, and the cockpit are serial controlled items. As is any "supplied" specific parts for the rest of the car, but the rules for them aren't viewed by NASCAR, like the chassis. If they want to sell one to another team, NASCAR has to approve it and verify that it was in fact sold. If the teams really, truly want a split from NASCAR, all of the money that they've spent acquiring this new car goes into the fire, it's forever gone. You can bet that NASCAR has a legal copyright/patent for every single part that comes from contracted suppliers. So if it's a split that the teams/RTA really want, they will have to do it with a car that isn't a gen 7 unit. To fully grasp the cost of doing that, look at how many teams got rid of a bunch of fabricators, and the equipment that they used. 

NASCAR doesn't want this to go to court. The teams probably don't either. As I said on a thread that I started yesterday, this law firm that's handling this suit for the 2 teams, is very good at this. They beat the NCAA into submission, and now student athletes are getting paid, and can transfer via the transfer portal, to other teams almost like people change their underwear. The payment NIL system is only a year+ old, so it's still early to see how/if it makes college sports better/worse, or if it stays the same. I doubt that option 3 will end up being the answer. But here's what I'm certain about. Only the attorneys will get rich from this. Don't they always??  

[ron.brown11]

There's an article just posted on Jayski.com. It goes into some detail about the grounds that this suit has been filed. 

[24nomo]

Nascar utilizes a charter system that was put together by car owners.  Nascar didnt sell franchises.  However, when you get billionairs fighting billionairs, common sense doesnt matter.  The same attorney representing the two car owners is the same guy who has ruined college football with the NIL deal.   He will make more money off of the lawsuit that the owners and the drivers.  The fans are the ones who has to listen to the biased bull crap until it is over