Teams/Tracks sue GM - MakingLaps.com Forum

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TOPIC: Teams/Tracks sue GM

spdracer19

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Status: Offline

Posts: 881

Date: Fri Nov 27 12:53:54 2009

Teams/Tracks sue GM	Permalink

Just wanted to pass along that not only DEI & JR Motorsports but the Frances, er I mean ISC, are basically suing the American taxpayers (see GM taxpayer bailout). From Jayski: Teams/tracks sue GM: Two teams and three tracks have filed claims against the former General Motors, which was restructured this summer during bankruptcy. Dale Earnhardt Inc. has filed a claim for $3.2 million based on a written contract DEI had with General Motors. JR Motorsports has filed a claim for $198,000 based on a sponsorship contract. Three tracks also have filed claims based on hospitality agreements. Daytona International Speedway seeks $651,018.75; Richmond International Raceway seeks $65,700 and Auto Club Speedway in Fontana, Calif., seeks $45,500 [all are owned by ISC](Roanoke Times)(11-26-2009) __________________ JAFO

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