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Michael Jordan Antitrust Lawsuit Against Nascar Underway
The trial alleges NASCAR's monopolistic control forces teams to accept unfavorable rules and financing, with a jury of nine hearing the case.
- On Monday in Charlotte, the federal antitrust trial opened between 23XI Racing and Front Row Motorsports and NASCAR in the Western District of North Carolina.
- Plaintiffs say NASCAR has operated as a monopolistic bully that forces teams to accept rules and financing they oppose, forming the core of the antitrust claim by 23XI Racing and Front Row Motorsports.
- A jury of nine was seated to start proceedings in a federal courtroom in Charlotte as the court moved into initial testimony and evidence scheduling.
- A ruling for the teams could change how NASCAR governs and finances competition, as the lawsuit targets rules, enforcement and financing arrangements governing team operations and revenue.
- Michael Jordan arrived in Charlotte for the trial, adding star power and highlighting the unusual crossover of celebrity into sport governance litigation.
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Denny Hamlin testifies that signing NASCAR’s charter deal would have been a ‘death certificate’
Three-time Daytona 500 winner Denny Hamlin outlined the precarious situation facing NASCAR teams, testifying Tuesday in the federal antitrust trial against the stock car series that the race team he co-owns spent more than $700,000 to the series in 2022 alone and how agreeing to its charter proposal last fall would have been like signing his own "death certificate."
Jackson Progress-Argus+2 Reposted by 2 other sources
Denny Hamlin takes stand as NASCAR antitrust trial begins
With NASCAR's revenue-sharing model at the forefront of 23XI Racing and Front Row Motorsports' antitrust lawsuit, 23XI co-owner Denny Hamlin took the stand as the first witness Monday in Charlotte, N.C. and testified that it costs $20 million to bring…
·Jackson, United States
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Coverage Details
Total News Sources33
Leaning Left4Leaning Right3Center12Last UpdatedBias Distribution63% Center
Bias Distribution
- 63% of the sources are Center
63% Center
L 21%
C 63%
R 16%
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