Tag: Automobile racing

Toyota returns to Formula 1 in technical partnership with the US-based Haas team

TOKYO -- Toyota is returning to Formula 1 after 15 years as the Japanese automaker becomes a “technical partner” of American racing team...

2 teams suing NASCAR ask court to recognize them as chartered while antitrust case proceeds

CHARLOTTE, N.C. -- The two teams suing NASCAR asked a judge for a preliminary injunction Wednesday so they can compete next season under...

Michael Jordan's 23XI and a 2nd team sue NASCAR over revenue sharing model

CHARLOTTE, N.C. -- Two NASCAR teams — one of them owned by Michael Jordan — filed a federal antitrust lawsuit against the stock...

Michael Andretti hands over control of race team to business partner. Formula 1 plans in limbo

Michael Andretti has restructured Andretti Global to give co-owner Dan Towriss control of the organization while Andretti will stay on as a strategic...

Liberty Media confirms Justice Department investigation over Formula 1 World Championship spat

Liberty Media, owner of Formula One Group, is confirming that it is under investigation by the Justice Department for denying Andretti Global entry...

Rick Hendrick Motorsports has dropped sponsor Hooters because restaurant chain could not pay team

CHARLOTTE, N.C. -- Rick Hendrick Motorsports has dropped longtime sponsor Hooters because the restaurant chain known for chicken wings and skimpy wait-staff outfits...