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. Ferko filed a derivative suit that contended NASCAR and ISC violated an implied agreement with SMI to provide a second NEXTEL Cup race per racing season upon completion of Texas Motor Speedway, and violated antitrust laws by preventing SMI from obtaining one.[1]
The suit was filed in February 2002 and was settled in May 2004.[1] The settlement delivered the desired second Sprint Cup race each season to Texas Motor Speedway and resulted in numerous other changes to the NASCAR schedule of races and racing venues after a series of transactions between SMI and ISC.[2]