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2311 Racing fails to obtain preliminary injunction against NASCAR in US monopoly suit

( November 8, 2024, 20:28 GMT | Official Statement) -- MLex Summary: 2311 Racing and Front Row Motorsports failed to obtain a preliminary injunction against National Association For Stock Car Auto Racing in a lawsuit accusing the latter of illegally monopolizing the market for premier stock car racing. In an order denying the motion for injunction, US District Judge Frank Whitney of the Western District of North Carolina said that although plaintiffs have alleged that they will face a risk of irreparable harm, they have not sufficiently alleged present, immediate, urgent irreparable harm, but rather only speculative, possible harm. "That is, although Plaintiffs allege they are on the brink of irreparable harm, the 2025 racing season is months away — the stock cars remain in the garage," the order said. Plaintiffs have also not alleged a “present prospect” of the loss of their drivers and sponsor and the harm is too speculative to merit a preliminary injunction.See attached document...

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