Denny Hamlin, a three-time Daytona 500 winner, has outlined the financial struggles facing NASCAR teams.

Responding to complaints from the tech industry and other countries, the U.S. Department of Commerce has rescinded a Biden-era rule due to take effect Thursday that placed limits on the number of artificial intelligence chips that could be exported to certain international markets without federal approval.

A federal judge has denied NASCAR’s motions to dismiss an antitrust lawsuit filed against the stock car series.