• Loading stock data...
Thursday, November 27, 2025

Government Involvement

Bubba Wallace
Photo Credit: John David Mercer-USA TODAY Sports

The FBI and the Department of Justice’s Civil Rights Division are investigating the noose found in the garage stall of Bubba Wallace, NASCAR’s only full-time Black driver. The racial attack comes as Wallace has led the charge for change within NASCAR, which banned the display of the Confederate flag two weeks ago. The investigation is to determine whether there were violations of federal law.

Yesterday’s race at Alabama’s Talladega Superspeedway was seen as the first significant test of that ban. While the flag was not seen on display inside the racetrack, it was displayed outside by protestors and vendors reportedly sold them. A banner was also flown over the speedway with the message, “Defund NASCAR.”

Wallace has seen an outpouring of support from his fellow drivers and the NASCAR organization. “This will not break me, I will not give in nor will I back down,” Wallace wrote in a statement.

Ahead of yesterday’s race – which was postponed from Sunday due to inclement weather – dozens of drivers pushed Wallace’s car to the front of the field in a show of solidarity. Legendary driver Richard Petty, who owns the team Wallace is on, also appeared at the race. “This filthy act serves as a reminder of how far we still have to go to eradicate racial prejudice,” Petty said.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Nov 2, 2025; Avondale, Arizona, USA; NASCAR Cup Series driver Ryan Blaney crosses the finish line to win the NASCAR Championship race at Phoenix Raceway.

Michael Jordan Gets Big Win in Antitrust Suit Against NASCAR

Jordan’s 23XI Racing co-sued NASCAR in October 2024.
Oct 25, 2025; Martinsville, Virginia, USA; NASCAR Cup Series driver Kyle Busch (8) before NASCAR Cup Series Xfinity 500 Practice and Qualifying at Martinsville Speedway.

NASCAR Star Kyle Busch Sues Pacific Life Over $8.5M Insurance Scam

Busch says he lost $8.58 million from Pacific Life.
Ballers in Philadelphia
exclusive

Backer of SlamBall, Ballers Armed With $150M for New Fund

The fund will offer sports and entertainment companies deals that don’t involve equity.
[Subscription Customers Only] Jul 9, 2025; East Rutherford, New Jersey, USA; Real Madrid CF forward Kylian Mbappe (9) reacts after a semifinal match of the 2025 FIFA Club World Cup at MetLife Stadium.

CVC Builds Out Sports Division Amid Crowded PE Market

The firm’s sports portfolio is reportedly worth $13.6 billion.

Featured Today

How NBA Arena Experiences Went Ultra-Luxe

For the most connected guests, the game has become a secondary attraction.
Nov 23, 2025; Inglewood, California, USA; Los Angeles Rams quarterback Matthew Stafford (9) throws a pass against the Tampa Bay Buccaneers during the fourth quarter at SoFi Stadium.
November 24, 2025

Stafford, Rams Rise From the Pack to Super Bowl Contention

The NFL team now has the top odds to win Super Bowl LX.
Nov 16, 2025; Orlando, Florida, USA; NJ/NY Gotham FC celebrate after scoring during extra time against Orlando Pride at Inter&Co Stadium
November 22, 2025

The NWSL Is Growing at Breakneck Pace. Can It Keep Surging?

While the league surges, it also must survive two major challenges.
Trinity Rodman
November 20, 2025

NWSL Regular-Season Ratings See Big Surge, Playoffs Up 5%

Regular-season viewership grew by over 20%, averaging more than 200,000.
FIFA

Saudis Awarded 2034 World Cup in Uncontested Vote

Saudi Arabia was the only option after Australia decided not to bid.
May 20, 2024

Top Sports Business Jobs This Week (May 2024)

Each week, our staff combs through the thousands of job listings from…
The stands at the Solheim Cup
September 13, 2024

LPGA Apologizes for Solheim Cup Fan Bus Debacle That Left Stands Half-Empty

The USA-Europe women’s team golf event teed off Friday morning.
Sponsored

NFL QB Christian Ponder Is Preparing Athletes for Business

Former NFL quarterback Christian Ponder discusses the transition from field to boardroom.
October 3, 2022

Real Madrid President Renews Call for Super League

Real Madrid’s president believes that soccer is losing ground.
August 10, 2022

PGA Tour Touts Projected Earnings to Keep Players

The PGA Tour is asking its players to consider their potential futures.
August 10, 2022

Bayern Munich to Make Growth Push in U.S. Market

Bayern Munich is looking to expand its reach in the U.S.
Nintendo-logo
August 3, 2022

Nintendo Profits Underwhelm, Switch Sales Decline

Nintendo failed to meet expectations in the company’s latest earnings report.