|Judge tosses verdict against New Hampshire track|
|Written by Admin|
|Thursday, 26 January 2012 13:27|
A jury awarded MRN $993,724 last September because New Hampshire did not meet a three-year notice of termination when Speedway Motorsports Inc. bought the track in 2008. SMI wanted its radio network - the Performance Racing Network - to broadcast NASCAR events at the track.
New Hampshire Superior Court Judge Richard McNamara presided over the trial, but threw out the verdict in a Wednesday ruling.
McNamara wrote the jury based its award on MRN's projected lost profits, and that can't be a basis for damages.
International Speedway Corp., which owns MRN, can appeal.