NASCAR Team Owners Boycott Meeting Over Business Dispute

NASCAR Cup Series team owners postponed a meeting with NASCAR executives over business concerns, including negotiations over revenue from the next media rights deal. Cup Series teams want a larger slice of the revenue pie, as they receive only 25% of the TV money, while 65% goes to the racetracks and 10% to NASCAR. The team owners are banding together as frustration continues over the sport’s business model.