Nascar teams hit out at ‘broken’ economic model

A number of leading Nascar Cup Series teams have called on the stock car racing series to fix what they describe as a "broken" economic model to try to ensure long-term sustainability and profitability.

A hitherto private disagreement between Nascar and its teams over revenue distribution has now become public after Hendrick Motorsports vice chairman Jeff Gordon, 23XI Racing investor Curtis Polk, Joe Gibbs Racing president Dave Alpern and RFK Racing president Steve Newmark spoke to the media about their concerns.