posted
NASCAR sues AT&T for $100 million in countersuit Also ask to kick Nextel competitors of out Cup Series By The Associated Press June 17, 2007 07:46 PM EDT
ATLANTA -- 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.
NASCAR filed the suit electronically in U.S. District Court in Atlanta, alleging breach of contract, fraud and misrepresentation, and conspiracy to aid and abet wrongful interference with Nextel.
NASCAR and AT&T have been battling all season over NASCAR's refusal to allow AT&T to put its logos on Jeff Burton's car. Burton and his Richard Childress Racing team have a sponsorship agreement with Cingular, which has since been purchased by AT&T.
AT&T is re-branding the company, but NASCAR would not allow the logos to be changed, citing its agreement with Nextel. Cingular and Alltel were grandfathered into the sport when Nextel entered in 2004, but no changes are permitted to their deals and no other telecommunications companies are allowed into the sport. NASCAR claims Nextel has exclusivity through its 10-year, $700 million investment. http://www.nascar.com/2007/news/headlines/cup/06/17/nascar.sues.att.ap/index.htm l
-------------------- Don't envy the happiness of those who live in a fool's paradise. Posts: 36378 | From: USA | Registered: Sep 2003
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
