NASCAR hit with lawsuit over racial discrimination

Timothy Peters, Wes Townely
Camping World Truck Series drivers Timothy Peters (17), left, and John Wes Townley (5), second from left, lead the pack at the start of the NASCAR Camping World Truck Series auto race at Talladega Superspeedway Saturday, Oct. 24, 2015, in Talladega, Ala. (AP Photo/Mark Almond)

(WISH) – Another CEO heads to Capitol Hill and is certain to face hard questions, and NASCAR has been hit with a lawsuit over racial discrimination.

The head of Mylan Pharmaceuticals, the company that makes and sells the EpiPen, will be on Capitol Hill Wednesday.

Heather Bresch said it’s not true the company makes big profits of off its lifesaving allergy treatment.

Bresch’s written statements said Mylan makes about $50 off each pen after rebates, fees and other costs are deducted.

In other business headlines, NASCAR is being sued for allegedly trying to hinder efforts to bring racial diversity to the racing world.

Terrance Cox III, the CEO of Diversity Motorsports claims that NASCAR refused to work with him and tried to prevent him from increasing the number of African Americans in the sport.

Cox is seeking $500 million in damages.

NASCAR denies discrimination and said in a statement that Cox’s suit is an attempt to gain publicity, and that it would pursue action against cox for defamation.

For more business headlines from Jane King at the Nasdaq, watch Daybreak Monday through Friday.

Comments are closed.