In a shocking turn of events in the world of NASCAR, a judge in North Carolina has thrown a wrench into the $150 million sale of Rick Ware Racing. The court has granted Legacy Motor Club’s request for a temporary restraining order against Rick Ware Racing, putting a halt to their plans to close the lucrative deal.
The legal battle stems from a signed Charter Purchase Agreement for 2026 between Legacy and Rick Ware Racing. Legacy alleges that they rightfully secured a charter from RWR and accuses the team of trying to unlawfully back out of the agreement. Amidst the chaos, news broke that Rick Ware Racing was on the brink of selling the entire team to T.J. Puchyr in a deal worth a staggering $150 million.
This temporary restraining order will effectively block Rick Ware Racing from finalizing the sale with Puchyr for the next ten days. However, this is just the beginning as a hearing over a preliminary injunction is still looming, with the date yet to be determined. As part of the court’s decision, Legacy has been instructed to post a $5 million bond.
The legal saga doesn’t end there – Rick Ware Racing has retaliated by countersuing Legacy, claiming confusion over the specifics of the charter that was supposedly up for sale. To add fuel to the fire, another lawsuit has emerged from the turmoil, with Legacy taking direct legal action against Puchyr for what they describe as an “underhanded attempt” to acquire RWR and disrupt their charter acquisition plans.
Puchyr, who had been working with Legacy through an “Independent Contractor Agreement” via his consulting firm, Rucus, now finds himself embroiled in a legal storm that has shaken the NASCAR community to its core. Stay tuned as this high-stakes legal showdown continues to unfold in the world of fast cars and fierce competition.