Teams drop legal overture against F1 owners as part of NASCAR lawsuit

23XI Racing and Front Row Motorsports have dismissed its court proceedings against F1 owning Liberty Media.Last month, the two teams, which are embroiled in a suit and countersuit respectively against the Sanctioning Body over mutual allegations of federal antitrust law subpoenaed the owners of Formula 1, Liberty Media, for records pertaining to the Concorde Agreement.That document, which is similar to the NASCAR charter agreement, regulates competition and financials of the highest form of moto