Jesse Iwuji Motorsports, a NASCAR Xfinity Series team, has filed a $4.125-million lawsuit against Equity Prime Mortgage, one of the team’s sponsors.
In the lawsuit, filed in United States District Court in Fort Lauderdale, Florida, the team alleges that EPM committed a breach of contract. JIM alleges that EPM agreed to pay the team $2.25 million for sponsorship in the 2022 season and $3.75 million for 2023.
— NBC Sports —