Nascar commissioner resigns after damaging text messages revealed
Steve Phelps stepped down after 20 years at the circuit
Antitrust trial was settled late last year
The fallout from Nascar’s federal antitrust trial continued into the new year as Nascar Commissioner Steve Phelps on Tuesday announced his resignation after more than 20 years with the top racing series in the United States.
His resignation comes after last month’s trial in which inflammatory texts Phelps sent during contentious revenue-sharing negotiations were revealed. Phelps will leave the company at the end of the month, ahead of the start of the first exhibition race of the season on 1 February. Continue reading...
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