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CHARLOTTE, N.C. — Front Row Motorsports, one of two teams suing NASCAR in federal court, accused the stock car series Thursday of rejecting the planned purchase of a valuable charter unless the lawsuit was dropped. Front Row made the claim in a court filing and said it involved its proposed purchase of the charter from Stewart-Haas Racing. Front Row said the series would only approve it if Front Row and 23XI Racing dropped their court case. "Specifically, NASCAR informed us that it would not approve the (charter) transfer unless we agreed to drop our current antitrust lawsuit against them," Jerry Freeze, general manager of Front Row, said in an affidavit filed in the U.S. District Court of Western North Carolina. The two teams in September refused to sign NASCAR's "take-it-or-leave-it" final offer on a new revenue sharing agreement. All other 13 teams signed the deal. Front Row and 23XI balked and are now in court. 23XI co-owner Michael Jordan has said he took the fight to court on behalf of all teams competing in the top motorsports series in the United States. NASCAR has argued that the two teams simply do not like the terms of the final charter agreement and asked for the lawsuit be dismissed. Earlier this week, the suit was transferred to a different judge than the one who heard the first round of arguments and ruled against the two teams in their request for a temporary injunction to be recognized in 2025 as chartered teams as the case proceeds. The latest filing is heavily redacted as it lays out alleged retaliatory actions by NASCAR the teams say have caused irreparable harm. Both Front Row and 23XI want to expand from two full-time cars to three, and have agreements with SHR to purchase one charter each as SHR goes from four cars to one for 2025. The teams can still compete next season but would have to do so as "open" teams that don't have the same protections or financial gains that come from holding a charter. Freeze claimed in the affidavit that Front Row signed a purchase agreement with SHR in April and NASCAR President Steve Phelps told Freeze in September the deal had been approved. But when Front Row submitted the paperwork last month, NASCAR began asking for additional information. A Dec. 4 request from NASCAR was "primarily related to our ongoing lawsuit with NASCAR," Freeze said. "NASCAR informed us on December 5, 2024, that it objected to the transfer and would not approve it, in contrast to the previous oral approval for the transfer confirmed by Phelps before we filed the lawsuit," Freeze said. "NASCAR made it clear that the reason it was now changing course and objecting to the transfer is because NASCAR is insisting that we drop the lawsuit and antitrust claims against it as a condition of being approved." A second affidavit from Steve Lauletta, the president of 23XI Racing, claims NASCAR accused 23XI and Front Row of manufacturing "new circumstances" in a renewed motion for an injunction and of a "coordinated effort behind the scenes." "This is completely false," Lauletta said. Front Row is owned by businessman Bob Jenkins, while 23XI is owned by retired NBA Hall of Famer Jordan, three-time Daytona 500 winner Denny Hamlin and longtime Jordan adviser Curtis Polk. NASCAR had been operating with 36 chartered teams and four open spots since the charter agreement began in 2016. NASCAR now says it will move forward in 2025 with 32 chartered teams and eight open spots, with offers on charters for Front Row and 23XI rescinded and the SHR charters in limbo. The teams contend they must be chartered under some of their contractual agreements with current sponsors and drivers, and competing next year as open teams will cause significant losses. "23XI exists to compete at the highest level of stock car racing, striving to become the best team it can be. But that ambition can only be pursued within NASCAR, which has monopolized the market as the sole top-tier circuit for stock car racing," Lauletta said. "Our efforts to expand – purchasing more cars and increasing our presence on the track – are integral to achieving this goal. "It is not hypocritical to operate within the only system available while striving for excellence and contending for championships," he continued. "It is a necessity because NASCAR's monopoly leaves 23XI no alternative circuit, no different terms, and no other viable avenue to compete at this level." Get local news delivered to your inbox!
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Donald Trump savaged Vice President Kamala Harris’ failed White House bid in his Time “Person of the Year” interview — saying her biggest mistake was “taking the assignment” at all. The president-elect — who was given the magazine’s lofty title on Thursday — said Harris’ campaign was doomed from the start “because you have to know what you’re good at.” Trump said what he believes also cost her the election was her failure to reach a wider audience on the campaign trail by speaking to streamers and podcasters — such as Joe Rogan — as he did. “When she wouldn’t talk to anybody, it shone a light on her,” Trump said. “You know, she didn’t do anything. And people said, ‘Is there something wrong with her?’ Why would they? I mean, I’m doing this interview with you. I did interviews with, if I had the time, anybody that would ask, I’d do interviews,” he said. “I think the Joe Rogan interview, you know, went on for almost three and a half hours.” Trump was declared the magazine’s 2024 Person of the Year after his stunning political comeback — which the magazine described as “unparalleled in American history.” Originally published as Time ‘Person of the Year’ Donald Trump gives savage three-word takedown of Kamala Harris’ failed presidential campaignNone
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French government falls in historic no-confidence voteBroncos, left tackle Garett Bolles agree on 4-year extension to protect rookie quarterback Bo Nix
How WWE can quickly turn up the volume on its Roman Reigns-CM Punk Survivor Series storyscanrail/iStock via Getty Images Chesapeake Utilities Corporation ( NYSE: CPK ) said on Friday that it has established an at-the-market equity offering program under which it may, from time to time, sell shares of its common stock having an aggregate sales price of up to $100M. Chesapeake
Ukraine’s allies have shifted their focus from seeking a victory to trying to put President Volodymyr Zelenskyy in the best position to counter Russian advances or negotiate a possible ceasefire, people familiar with the matter said. For now, that means NATO is redoubling efforts to rush more weapons to the war-torn country as Kyiv forces are slowly losing ground, raising the specter the eventual truce may freeze the conflict with swathes of Ukraine under occupation by Vladimir Putin’s troops. Putin has shown no willingness to discuss a ceasefire, but the return of Donald Trump to the White House has focused NATO allies on how to shore up the political will to sustain the nearly three-year war as morale starts to fade. As foreign ministers gathered in Brussels this week have focused on how to supply more weapons, governments have begun considering various negotiated scenarios to end the war, the people said. The discussion includes the kind of security guarantees that would protect Ukraine, while not provoking Putin, the people said. All of them spoke on the condition of anonymity given the political and security sensitivity of the planning, which is private and still incomplete. One possible option for a ceasefire includes creating a demilitarized zone. In case of a ceasefire, European troops would probably secure and patrol it, according to one senior NATO diplomat. Those discussions come amid recognition that the situation in Ukraine is unsustainable and negotiations should begin soon, according to another senior western diplomat. For European allies, the scenarios also offer an opportunity to show Trump they can stay relevant if ceasefire talks eventually crystallize.Gov. Jared Polis took a buzzsaw to hundreds of outdated and obsolete executive orders on Thursday — literally. Polis sawed through more than 200 executive orders, which stretched back decades and through multiple administrations, before issuing a new formal executive order to rescind them. He joked that it was the first time in state history that a power saw sat on the governor’s desk. “We’re getting rid of 435 pages (that are) redundant, unneeded, add paperwork — outdated for many different reasons,” Polis told reporters gathered in his office. Some examples : A 1957 order referring to tax collections for the Colorado State Hospital; a 1978 order that all state contracts should be signed by then-Gov. Richard D. Lamm; and a 2010 order establishing a Sustainable Colorado Main Streets initiative. The oldest rescinded order came from 1920, when then-Gov. Oliver H. Shoup issued an executive order “Directing Adjutant General to maintain peace and good order.” Polis said he directed his team to begin reviewing executive orders six months ago to find unnecessary ones. While Thursday’s action did not correlate to cost savings — the legislature directs state spending — the effort aimed to remove old orders that nonetheless carried the force of law. Records of the orders will remain in the state archives. Polis also commissioned artist Joe Molina to create a piece from the old orders to commemorate the effort to cut government waste. Polis’ push preceded the pitch from billionaire Elon Musk to create a “Department of Government Efficiency” to suss out potential federal cuts. President-elect Donald Trump said he would task Musk, who spent more than $275 million to help elect Trump, with co-chairing the effort. Stay up-to-date with Colorado Politics by signing up for our weekly newsletter, The Spot.
DENVER (AP) — The Denver Broncos signed left tackle Garett Bolles to a four-year extension on Thursday, locking up a big piece to protect rookie quarterback Bo Nix. Bolles has spent his entire career with the organization after being drafted out of Utah with the 20th overall pick in 2017. He has a chance this season to help the Broncos into the postseason for the first time since they won Super Bowl 50 after the 2015 season. The Broncos (8-5) are currently in the seventh and final playoff spot in the AFC. They can put some distance between them and Indianapolis on Sunday (6-7) with a win over the Colts. After an up-and-down start in Denver, Bolles has developed into a dependable pass protector. He's allowed one sack and 24 quarterback pressures over 13 starts this season. What's more, his 4.9 percent quarterback pressure rate is the second-lowest mark among tackles with at least 200 pass blocking snaps this season, according to NextGen Stats. With time to scan the field, Nix leads all rookies in completions (277), yards passing (2,842), offensive touchdowns (22) and passing touchdowns (17). Bolles earned second-team Associated Press All-Pro honors after the 2020 season. On social media , Bolles posted: “Broncos Country, It’s been a great 8 years! Thanks for everything! And ... I’m not leaving. The show goes on!” Since 2017, Bolles has allowed the sixth-fewest sacks (36) among tackles with at least 3,100 snaps. The extension of Bolles means the Broncos have all five starting offensive linemen on board through next season. Guard Quinn Meinerz agreed to four-year contract extension in July. The Broncos also signed cornerback Patrick Surtain II to a four-year contract extension in September worth $96 million, including $77.5 million in guarantees. Linebacker Jonathon Cooper agreed to a four-year, $60 million extension in November. AP NFL: https://apnews.com/hub/nflThe five-part series will debut globally on December 10, following elite global players on and off the field as they compete in the US Open Polo Championship in Wellington, Florida. A trailer for the series titled Polo, executive produced by Harry and Meghan, was released on Thursday, giving a behind-the-scenes look at the “fast-paced and glamorous world of polo”. In a statement, Harry said: “This series offers audiences an unprecedented, behind-the-scenes look into the passion and determination driving some of the world’s elite polo players, revealing the grit behind the glamour. “We’re proud to showcase the true depth and spirit of the sport — and the intensity of its high-stakes moments.” It has been produced by the Sussexes’ Archewell Productions, having previously released three documentaries with Netflix as part of a multimillion-pound deal with the streaming giant. Heart Of Invictus, which aired last August, followed a group of service members on their road to the Invictus Games, the Paralympic-style sporting competition set up by Harry in 2014 for injured and sick military personnel and veterans. Netflix also released the documentary series Live To Lead and the controversial six-part Harry & Meghan documentary in December 2022. Harry and Meghan moved to the US in 2020 after stepping down from royal duties.These eleven large-cap stocks were the best performers in the last week. Are they in your portfolio? Credo Technology Group Holding Ltd CRDO shares jumped 51.61% after the company reported second-quarter results, and multiple firms raised their price forecast on the stock . Super Micro Computer Inc. SMCI stock escalated 34.59% last week. An internal investigation led by its Special Committee found "no evidence of misconduct or fraud" involving management or the board . DocuSign, Inc. DOCU shares rose 34.26% after the company reported third-quarter results and issued better-than-expected guidance . Several analysts raised their price forecasts for the stock . Rubrik, Inc. RBRK stock rocketed 27.17% after reporting better-than-expected third-quarter results . Several analysts raised the price forecast on the stock . Lululemon Athletica Inc. LULU climbed 24.62% after reporting better-than-expected third-quarter earnings, and analysts boosted the price forecast on the stock. Pure Storage, Inc. PSTG stock grew 22.51% after the company reported better-than-expected third-quarter financial results and fourth-quarter guidance . Several analysts raised the price forecast on the stock . Marvell Technology, Inc. MRVL shares surged 22.46% after the company reported upbeat earnings for the third quarter and analysts boosted the price forecast . Roku, Inc. ROKU stock rose 21.86% last week on analyst commentary from Needham , which maintained a "Buy" rating and reiterated the $100 price target . Aurora Innovation, Inc. AUR stock upped 21.33% last week. American Airlines Group, Inc. AAL shares increased 19.83% after it reported better-than-expected fourth quarter and full-year outlook . Applovin Corporation APP stock jumped 19.23% after some analysts boosted the price forecast . Photo via Shutterstock © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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-- Shares Facebook Twitter Reddit Email Matt Gaetz is already weighing his next move. The recently resigned representative has been keeping busy with Cameo since intense scrutiny of his nomination for attorney general led to him bowing out of consideration for Donald Trump's Cabinet. Gaetz doesn't seem content to hawk $500 pep talks, however, and he hinted at a few political futures on X. Former Florida House Rep. Anthony Sabatini tweeted that Gaetz "will be the next Governor of the State of Florida" on Saturday. Gaetz shared the idea along with an image of the waving flag of Florida. (It's worth noting here that Sabatini was dinged for his associations with convicted sex trafficker Joel Greenberg. Greenberg's friendship with Gaetz was the seed for both a Department of Justice investigation and a House Ethics Committee probe into the former congressman. The latter investigation likely doomed Gaetz's attorney general confirmation before it ever got started.) Related Resistance is not futile: Matt Gaetz's implosion shows how MAGA's chaos can be turned against Trump Current Florida Gov. Ron DeSantis is term-limited and won't be able to run for the governorship in 2026. Who will take up the chief Republican role in the rapidly reddening state is still an open question. From his congressional account, Gaetz shared the thoughts of right-wing social media figure Catturd, who laid out the possibility of Gaetz serving as a special counsel in the Trump DOJ. "The Biden Administration has filled hundreds of pages of briefs in federal court claiming that Special Counsels do not require Senate confirmation. In case anyone was wondering," he wrote. Read more about Matt Gaetz "Becoming a distraction": Gaetz withdraws from consideration for AG amid sexual misconduct claims Donald Trump just blew up any concept of a MAGA mandate "Dangerous and effective": Experts say Trump AG pick Pam Bondi is "frankly, worse" than Matt Gaetz MORE FROM Alex Galbraith Advertisement: