Elliott and other U.S. investors have agreed to pay nearly $7.3 billion to acquire Citgo’s parent company, with proceeds set to help compensate creditors of the bankrupt Venezuelan government.

Creditors seeking proceeds from a U.S. court-ordered auction of shares in a parent of Citgo Petroleum to compensate them for Venezuela's debt defaults and expropriations on Tuesday widely criticized terms of a conditional offer selected in the second bidding round.

An Elliott Investment Management affiliate won an auction for Citgo Petroleum Corp.’s parent company with a bid for $7.3 billion, clearing a key hurdle in the fund’s push to acquire an oil refiner that was once Venezuela’s largest foreign asset.

Two NASCAR insiders are uncertain if Chase Elliott will be one of the four drivers competing in the Championship 4.

NASCAR insider Jeff Gluck discussed Chase Elliott's performances so far this season and feels that the driver for Hendrick Motorsports could pose a threat to the championship battle.

The 2024 NASCAR Cup Series season has been a rollercoaster for Chase Elliott, the 2020 Cup champion and fan-favorite. While the Hendrick Motorsports driver has managed to secure a race win and clinch a spot in the playoffs,