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...