No Settlement In Kentucky Speedway Lawsuit

Officials from Kentucky Speedway and
NASCAR failed to reach a settlement on the track's antitrust
lawsuit against the racing organization during a five-hour meeting
on Friday.
"We're continuing the dialogue," said Cincinnati attorney Stan
Chesley, who is representing the track.
In the case, the Sparta, Ky., track makes numerous allegations
against NASCAR and International Speedway Corp., including that
they conspired to leave Kentucky and some other tracks out of the
coveted Nextel Cup schedule despite the track's credentials and
superior amenities.
U.S. Magistrate Judge Gregory Wehrman set a "settlement
conference" for Friday, but no agreement was reached. There are no
current plans for another round of talks.
The track is seeking $400 million in damages. The lawsuit was
amended early this year to drop a demand that the track be awarded
a Nextel Cup race.
If there is no settlement, the two sides will go to court next
March.
Kentucky Speedway, based about halfway between Louisville and
Cincinnati, continues to set attendance records with some of its
other races, particularly the NASCAR Busch race, which last month
drew more than 70,000 people - topping capacity for a seventh
consecutive year.
The track also hosts a NASCAR Craftsman Truck Series event, the
IndyCar Series and ARCA.


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