NASCAR sues AT&T for $100 million over sponsorship deal
ATLANTA (ESPN.com) -- NASCAR filed a $100 million counter claim against AT&T Inc. on Sunday, accusing the wireless provider of interfering with its exclusive sponsorship agreement with rival wireless company Nextel.
The suit also asks that NASCAR be granted the right to kick AT&T -- and all telecommunications companies other than Nextel -- out of its top series in 2008.
The suit also asks that NASCAR be granted the right to kick AT&T -- and all telecommunications companies other than Nextel -- out of its top series in 2008.
1 Comments:
What a waste of time and money.
This is nothing but an attorney party. To be honest, I mostly agree with NASCAR on this one. Cingular and Alltel did agree to abide by the exclusivity rules. However, From AT&T's point of view, Cingular and Alltel had no say in NASCAR's agreement with Nextel. RJR bailed out and Nextel picked up the slack.
I think they should just let all the lawyers get into a big mud hole and wrestle it out. It would save a lot of money and ESPN could televise it.
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