In November 2025, NASCAR had to share the sealed documents amid the ongoing lawsuit against 23XI Racing and Front Row Motorsports. Following that, the governing body shared a financial report of the past ten years along with the $25 million loss.Stock car analyst Bob Pockrass shared the details with fans via an X post. The documents included expenses, revenue, operating income, and tax provisions from 2015 to 2024. The records also displayed a massive loss the sanctioning body faced in two consecutive years, 2023 and 2024, during the Chicago Street race.NASCAR analyst Bob Pockrass mentioned that during a deposition, motorsports executive Ben Kennedy revealed that the governing body lost $25 million on the Chicago street race. The sanctioning body temporarily constructed the racetrack and paid expenses such as city permits and security. Despite that, the race underperformed and sold fewer tickets than expected.Reflecting on that, Pockrass wrote:"Some more notes from Friday document release: -Cup still is 90% of NASCAR TV deal (Xfinity, trucks the other 10%) -In deposition, Ben Kennedy said NASCAR lost about $25M in 2023 and 2024 on Chicago street race -10-year summaries of NASCAR financials:"The document also indicated the Cup Series still receives 90% of the TV deal, while other series, such as the Xfinity and Truck Series, receive only 10%. However, despite a massive loss, NASCAR reported a profit of just over $53 million in 2023 and $102 million in the 2024 season."We are trying our hardest": NASCAR president shared his thoughts on settling the lawsuit against 23XI Racing and FRMIn November 2025, NASCAR president Steve Phelps sat down with AP News for an interview ahead of the Cup Series Championship 4 race held at Phoenix Raceway. During the interaction, Phelps opened up about the governing body's efforts to settle the lawsuit against 23XI Racing and Front Row Motorsports.The stock car racing association found itself in this situation when the Cup Series refused to sign the charter agreement in October 2024. Following that, 23XI and FRM filed an antitrust lawsuit against the sanctioning body, accusing CEO Jim France of creating a monopoly in the sport.Reflecting on the escapade, Steve Phelps claimed that the governing body has been trying its "hardest" to settle the lawsuit before it heads for trial. He told the media house:“We are trying our hardest. I am trying my hardest both as a fan as well as the commissioner of this sport that I’ve loved since I was 5 years old. While two out of the 15 teams may not share that view and seem set on an unfortunate court battle, I hope that we can all agree that our racing is as good as it has ever been and we care about how we serve our fans, especially as we look forward to capping off our season by celebrating new champions across all of our national series.”The lawsuit is set to go on trial on December 1, 2025. Ahead of that, the governing body publicly shared the details of the new charter agreement. Additionally, multiple sealed documents were also made public on Friday, November 21, 2025.