Mooresville is at the epicenter of stock car racing, the most popular form of motorsports in the world. Many of the top teams in the NASCAR Nextel Cup Series, the NASCAR Busch Series and the NASCAR Craftsman Truck Series are located in and around Mooresville. In addition, many of the support industries, such as safety products manufacturers, parts and materials suppliers, paint and body work providers, engine builders, aerodynamics specialists and marketing experts are centered in the Mooresville area. Lowe's, a major corporate sponsor of NASCAR racing, has its corporate headquarters in Mooresville.
Homesley, Goodman & Wingo, PLLC provides numerous legal services that are specifically tailored to the motorsports industry. In particular, those involved in motorsports have received representation from the firm for the following matters:
- negotiation and drafting of contracts among sponsors, team owners, drivers and team members
- negotiation and drafting of contracts between sanctioning bodies and providers of support services
- corporate and limited liability company services for team owners, drivers and team members
- negotiation and drafting of marketing agreements between marketing and support service firms and sponsors, team owners, drivers and team members
- commercial and residential real estate transactions and development for team owners, drivers and team members
- complex wealth and estate planning for team owners, drivers and team members
- defense of products liabilities claims relating to the quality of products used in the racing industry
- protection of trademarks and intellectual property rights of race teams and marketing firms
- representation of service and product providers in the collection of monies due
- representation of parties in the sale and purchase of race teams and other racing related businesses
- litigation of disputes among racing industry participants
- Trademark registration and litigation
Clifton W. Homesley has provided legal representation in the motorsports industry since 1986. Homesley has been an avid supporter of NASCAR racing since the 1960's, attending the races in Charlotte for many years since 1967 when, at age seven, he took a seat in David Pearson's car while it sat on pit road in preparation for qualifying. Homesley continues to be involved first hand in racing, serving on pit crews and providing sponsor support services on site at major racing events.
When necessary, the firm provides legal services on site at major racing events.
The firm's first hand involvement in the "business of racing" provides the attorneys with an understanding of the political subtleties of the industry. This allows the firm to give legal advice to the motorsports client that takes into consideration not only the legal rights of the parties, but the business impact once those rights are exercised.