US EditionNASCAR settles federal antitrust case filed by two of its teams, one owned by Michael Jordan
Settlement grants permanent charters to 23XI Racing and Front Row Motorsports after antitrust lawsuit over NASCAR’s revenue-sharing and charter policies.
- The settlement, announced on Dec 11, 2025, after a delay on the ninth day of the trial, ends the antitrust lawsuit filed by two race teams, including one co-owned by Michael Jordan.
- After filing the suit last year, 23XI Racing and Front Row Motorsports argued NASCAR's new charter offers lacked their four key demands, especially making charters permanent rather than renewable.
- After eight days of testimony and as the defense began its case Wednesday, parties held private talks led by Jeffrey Kessler, with an economist testifying the teams were owed over $300 million in damages.
- The charter guarantees access to Cup Series races and a revenue stream, as 13 of 15 teams reluctantly signed the 112-page charter document, while 23XI Racing and Front Row warned a loss would threaten their survival.
- Looking ahead, the case resolves a dispute after teams had raced most of the 2025 season uncharted, with Michael Jordan saying `Today's a good day` and U.S. District Judge Kenneth Bell adding `wish we could've done this a few months ago.
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118 Articles
Mid Florida Newspapers
wlsam.comNASCAR settles antitrust lawsuit
CHARLOTTE, N.C. — A federal antitrust case accusing NASCAR of being a monopolistic bully was settled Thursday after the stock car racing series agreed to make the charters at the heart of its business model permanent for its teams.
‘I didn’t want to tear it down.’ Michael Jordan, Jim France see a new day in NASCAR.
CHARLOTTE, N.C. — A few minutes after it was official — that the antitrust trial that pitted NASCAR against two of its premier series teams concluded with a sudden settlement on Thursday — a powerful image assembled.
Jackson Progress-Argus
‘Incredibly optimistic': Team owners react to NASCAR settlement
Veteran driver Denny Hamlin had plenty to say in court over the past week and a half, but after Thursday's groundbreaking settlement in the antitrust case against NASCAR, Hamlin summed it up in two sentences.
More than a year after Michael Jordan's complaint against Nascar for "anticompetitive practices" against his stable, both sides reached an agreement.
NASCAR Forced To Make Major Concessions After Settling Lawsuit With Michael Jordan
Michael Jordan NASCAR Lawsuit After nine days of an antitrust suit that many believe’d would never make it to trial, NASCAR agreed to a settlement with Michael Jordan‘s 23XI Racing team as well as Front Row Motorsports on Thursday. The two race teams, represented by star attorney Jeffrey Kessler, alleged that NASCAR acted as a monopsony (not to be confused with a monopoly, and sought $365M in combined damages. Throughout the trial, Kessler showe…
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