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Ferko, et al. v. National Association for Stock Car Auto Racing, Inc., et al., commonly known as the Ferko lawsuit, was an American lawsuit between plaintiff Francis Ferko, a resident of Plano, Texas, and a minor shareholder of the then-publicly traded Speedway Motorsports, Inc. (SMI), and defendants NASCAR and International Speedway Corporation (ISC), which are both owned by the France family.
After trading for 25 years on the New York Stock Exchange, where it was known as Speedway Motorsports, Inc. (SMI), the company was taken private in September 2019, and today is a wholly owned subsidiary of Sonic Financial Corporation, itself owned by members of Bruton Smith's family. The "SMI" initialism is still sometimes used colloquially.
Magazine subscriptions scam - Scammers call victims with an intriguing offer and that for a small payment they can get a yearly subscription to their favorite magazine, even though they have no affiliation with the magazine's publisher. When victims agree, the scammers will send random magazines with grossly inflated prices.
Prosecutors say Diallo co-owned a Canadian company called Readers Services that preyed on people who were previously defrauded by magazine companies and were being billed by those companies on an ...
Phishing scams happen when you receive an email that looks like it came from a company you trust (like AOL), but is ultimately from a hacker trying to get your information. All legitimate AOL Mail will be marked as either Certified Mail, if its an official marketing email, or Official Mail, if it's an important account email. If you get an ...
In 2004, he was reassigned to the track's parent company, SMI, to become their head of sales and marketing. Four years later, Smith was promoted to become the president of SMI and was also put in charge to run the Charlotte Motor Speedway, replacing longtime promoter Humpy Wheeler in a controversial transition. In 2015, Smith was promoted to ...
Racing teams 23XI Racing, co-owned by Michael Jordan, and Front Row Motorsports have filed a lawsuit against NASCAR over revenue sharing.
New Hampshire Motor Speedway is currently owned by Speedway Motorsports, LLC (SMI) and is led by track general manager David McGrath. Initially opening as a 1 ⁄ 4 mi (0.40 km) dirt oval in 1961 under the control of Keith Bryar, the motorsports complex was formed four years later after Bryar built a road course to host major motorcycle races.