Activist investor Elliott Investment Management has built a stake of more than 10% in Norwegian Cruise Line Holdings Ltd., citing concerns about management and spending on events including a Katy Perry concert.

Elliott Investment Management, which manages funds that together hold a greater than 10% economic interest in Norwegian Cruise Line Holdings, today sent a presentation and letter to the company's Board of Directors pushing for big changes at the company.

Chase Elliott climbed from his car and sat on the outside wall of the track. He was in stunned disbelief the Daytona 500 victory that was his was wiped out in a wreck.