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Old 1 Sep 2012, 20:35 (Ref:3128470)   #51
gsmith2424
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Join Date: Oct 2003
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Maiden, North Carolina
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gsmith2424 should be qualifying in the top 10 on the grid
Quote:
Originally Posted by picchiofan View Post
And based on what awesome legal forum minds would you base this lawsuit?

This isn't a hostile takeover. Panoz/Atherton have been trying to sell the series for 3 years now, they finally found a buyer.
You have to take a close look at what they control/own:

Nascar
Grand-Am (also pays for teams to show up and pays for JC's ride)
AMA
ISC (Daytona, Watkins and many other tracks)
Action Performance/Lionel (50% stake with Bruton Smith with the other half)

With looking at that they are the dominant controling power of motorsports within the United States and could easily stop anyone if they wanted too.
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