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23XI, FRM vs. NASCAR trial: Expert witness reveals staggering nine-figure sum France family received since 2021

JHby: Jonathan Howard12/08/25Jondean25

The NASCAR trial today had lengthy and detailed testimony from expert witness, economist Edward Snyder, on behalf of the teams. 23XI Racing and Front Row Motorsports had Snyder as an expert to detail the alleged anticompetitive practices that NASCAR has used to grow and maintain its monopoly on the market.

Edward Snyder claims that NASCAR has set up multiple barriers in the market of premier stock car racing. He says that those barriers are anticompetitive and have actually harmed the teams. During his testimony, which included a slideshow presentation, Snyder pointed at multiple examples of alleged anticompetitive behavior.

Part of Snyder’s testimony was about how much the France family made since 2021. He also included staggering payments to tracks, which he claims are not necessary in a competitive market.

While arguing that NASCAR could afford the hypothetical increased payments to the race teams, Snyder brought up how much NASCAR made, how much the France family made, and more.

“NASCAR earned an average of $250 million annually from 2021 through 2024,” Snyder’s presentation states in one bullet point. “Since 2021, the France family received $397 million in shareholder distributions, which includes $140 million in dividends,” the next point reads.

Snyder also revealed in the trial that NASCAR paid tracks $311 million in 2024. It paid non-NASCAR-owned tracks a total of $130 million in 2024. That means NASCAR is paying tracks that it owns more than tracks it does not own, arguably for exclusivity rights that it could already enforce at its own tracks.

NASCAR trial: What do these numbers mean?

The point of bringing up these numbers was not only to prove NASCAR can afford the $365 million in damages to 23XI Racing and Front Row Motorsports, but could also afford to pay the teams $300 million more per year. Snyder disputes that increasing payments to teams would bankrupt the sport.

In his testimony, Snyder claimed that the $311 million paid to tracks in 2024 is not needed. Those payments are essentially made only to prevent rival stock car series from racing at those same venues. So, by opening the market up, getting rid of exclusivity, NASCAR could drastically reduce payments to tracks or do away with them altogether. Currently, the tracks receive revenue from the media rights deal.

NASCAR spent cross-examination attempting to dispute these claims to the jury. They also tried to dispute the expertise and credibility of Snyder’s work. That is typical when an expert witness is on the stand. Their testimony can be some of the most impactful on jury members.