A view of the NASCAR logo. Peter Casey-Imagn Images

Teams suing NASCAR seeking over $364M in damages from antitrust case

By Samuel Stubbs | Last updated Dec 8, 2025 8:24 PM ET

One week after the trial in 23XI Racing/Front Row Motorsports' antitrust case against NASCAR began, a financial breakdown of the damages the organizations are suing for has been presented.

On Monday, economist Dr. Edward Snyder, an economics professor at Yale University who worked in the Department of Justice's Antitrust Division, took to the witness stand in court in Charlotte.

Economist gives full breakdown of how much money the organizations are suing for

Snyder, whose cross-examination will continue into Tuesday, gave examples of Formula 1 teams receiving more money after a perceived threat from a rival.

Snyder also claimed that Formula 1 is not a monopoly, per Sports Business Journal's Adam Stern.

Team economist Edward Snyder gave two examples of what he said were F1 teams getting more money after the threat of a competitor emerged.

➡️ NASCAR noted F1 now has longer track deals than itself despite the economist saying F1 is an example of a series that is not a monopoly. pic.twitter.com/IdAQB63TiG
— Adam Stern (@A_S12) December 8, 2025

Stern later posted the breakdown of the damages that 23XI and FRM are seeking, which total $364.7 million dollars between the two organizations.

There are three categories from which the damages come: reduced revenue from 2021-24, a reduction in market value and lost revenue from 2025.

Here's the breakdown of the $365 million in combined damages that 23XI and Front Row are suing NASCAR for. pic.twitter.com/o6W9XiUKUX
— Adam Stern (@A_S12) December 8, 2025

23XI has a sum of $215.8 million in damages, while FRM's total comes out to $148.9 million.

The two teams originally sued NASCAR and the France family in October 2024 after both 23XI and FRM refused to sign the new charter agreement presented to teams by NASCAR. The trial will continue on Tuesday, with court now taking place for nine hours each day rather than nine in an effort to conclude the case more efficiently.

Samuel Stubbs

Hailing from the same neck of the woods as NASCAR Hall of Famer Mark Martin, Samuel has been covering NASCAR for Yardbarker since February 2024. He has been a member of the National Motorsports Press Association (NMPA) since October of 2024. When he’s not writing about racing, Samuel covers Arkansas Razorback basketball for Yardbarker

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