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Proskauer Represents NASCAR in New Team Owner Charter Agreements for NASCAR Sprint Cup Series

Feb 09, 2016 - Business Wire

International law firm Proskauer represented NASCAR in the negotiation of a new landmark long-term system with its Sprint Cup Series team owners. The terms of the historic new system, in effect with the 2016 NASCAR season, grants Sprint Cup Series charters to 36 teams, which provides a new framework for participation, governance and economics.

Proskauer previously represented NASCAR in its major media rights deals with FOX Sports Media Group and NBCUniversal and in its series entitlement s...