A judge has thrown out a verdict that would have required New Hampshire Motor Speedway to pay nearly $1 million to cancel its contract with Motor Racing Network.
A jury awarded MRN $993,724 last September because NHMS did not meet a three-year notice of termination when Speedway Motorsports Inc. bought the track in 2008. SMI wanted its radio network - the Performance Racing Network - to broadcast NASCAR events at the track.
New Hampshire Superior Court Judge Richard McNamara presided over the trial, but threw out the verdict in a ruling Wednesday.
McNamara wrote the jury based its award on MRN's projected lost profits, and that can't be a basis for damages.