Kentucky Speedway is heading to mediation Friday in its antitrust case against NASCAR, but lawyers weren’t saying whether the two sides are any closer to a settlement that could potentially land the Sparta track a Nextel Cup race.
U.S. Magistrate Judge Gregory Wehrman has set a “settlement conference” for 10 a.m. ET Friday in Covington, according to the court clerk’s office.
Cincinnati attorney Stan Chesley, who is representing the speedway in the $400 million antitrust lawsuit, said it was hard to know how long the mediation proceedings will last or whether it would spark any movement in the negotiations.
“The fact we’re going to mediate doesn’t mean it’s going to get settled,” Chesley said. “We’ll either settle it, or try it in March.”
NASCAR officials didn’t immediately respond for requests for comment Wednesday.