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Kentucky Speedway Drops Antitrust Suit

Officials of the former Kentucky Speedway announced over the weekend they have dropped the antitrust lawsuit filed against NASCAR and the International Speedway Corporation (ISC). The deadline by which the Kentucky Speedway could appeal the December federal court ruling expired on Wednesday.

The news is not all that new, as Jerry Carroll, Kentucky Speedway founder, announced even since last December he will not appeal the ruling. At the time, he had at least two more appeals, one in front of all of the 24 appeals court judges and one to the US Supreme Court.

The Kentucky Speedway filed a complaint against NASCAR accusing it of violating federal antitrust laws. It all began back in 2005, when Sparta track in northern Kentucky was rejected by NASCAR. The federal court found evidence of NASCAR violating such laws when rejecting Sparta.

Although the tri-oval 1.5 mile long track hosted a Nationwide Series race last year, with some 70,000 people attending, following the court's decision, no Sprint Cup race will take place here. The earliest such race at Sparta will not be held before 2011.

Carroll however hopes the new owners of the track, Speedway Motorsports Inc. (SMI), can bring a Cup race here sooner than that. An opinion shared by Eddie Gossage, president of SMI-owned Texas Motor Speedway.

"If it means the end of that lawsuit, that's great," Gossage said according to NASCAR. "I don't know what that means for Kentucky, but I sure know that's a great place where NASCAR should be racing."
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About the author: Daniel Patrascu
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Daniel loves writing (or so he claims), and he uses this skill to offer readers a "behind the scenes" look at the automotive industry. He also enjoys talking about space exploration and robots, because in his view the only way forward for humanity is away from this planet, in metal bodies.
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