In 18 months, Darryl Cuttell bought the IHRA and 13 racetracks. At the same time, his company was building Elon Musk's AI supercomputers in Memphis. Then SpaceX bought the AI company and got ready to go public, and somebody asked to see the bills.
Lawsuit items are SpaceXSI's claims. Darana denies them. No court has ruled.
The full story · $10
12 parts. Every track, every permit, every dollar figure, and both sides of a nearly $1 billion lawsuit, straight from the court and county records.
- The contract: the rates, the 10% cap, the $28.5M stock award and who it went to
- The audit: how SpaceXSI says it found the 880% markups
- All 17 cancelled permits and who took over each one, two days later
- The $44.4 million wire, and the 40 hotels
- All 13 tracks: what he bought, what he did with them, what happens Nov. 17
- The 2026 season race by race, both sides in court, and every deadline ahead
