Lawsuit Update: …..a federal lawsuit is gaining momentum in New York, Washington, D.C., and Texas, threatening NASCAR’s financial fiefdom and accusing the stock-car racing body of operating as an illegal monopoly. Bill France Jr., the son of late NASCAR founder “Big” Bill France, is up against some of America’s most feared lawyers in a suit that could force unprecedented disclosure of NASCAR’s closely guarded balance sheets. Johnnie Cochran is the high-profile front man. Another name, well known only in American’s legal and corporate circles, signifies that Cochran is hoping for a long, fierce fight. See Newsday for the full story: Lawsuit Against NASCAR Picks Up Speed.(5-24-2002)
