Ohio Supreme Court rules in NASCAR’s favor

NASCAR is disputing a tax bill of $529,520

TV revenue is at the core of the NASCAR business model. It funds the tracks, teams and the sanction itself.

On Tuesday, the Ohio Supreme Court ruled in favor of NASCAR. They noted the state taxing NASCAR for broadcasting races in Ohio as unlawful.

NASCAR stated that the broadcasts are done by other companies, outside of the NASCAR such as Fox Broadcasting. Those deals are already taxed.

The disputed bill comes from an audit between 2005 and 2010.

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