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Darlington Raceway announced that next year's 500 mile race in May would be renamed the Southern 500, reviving the name of the traditional Labor Day weekend race that ran from 1950 through 2003, and moved to November in 2004 before being dropped as part of the settlement of the Ferko lawsuit.
The race was acquired as a result of the Ferko lawsuit, which forced NASCAR to relinquish the sport's fourth major, the Mountain Dew Southern 500 and in the process end its Grand Slam, as the Southern 500 was one of the four races that made it up.
, commonly known as the Ferko lawsuit, was an American lawsuit between plaintiff Francis Ferko, a resident of Plano, Texas and a shareholder of Speedway Motorsports, Inc.'s Texas Motor Speedway, and defendants NASCAR and International Speedway Corporation (ISC), which are both owned by the France family.