US EditionMichael Jordan’s NASCAR Team Fights for Charter Status Amid Explosive Lawsuit
23XI Racing and Front Row Motorsports accuse NASCAR of monopolizing stock car racing, intensifying tensions as veteran driver Jeff Burton focuses solely on competition.
- On Friday, NASCAR filed in U.S. District Court for the Western District of North Carolina promising it will not re-distribute any charters while the antitrust suit proceeds, with a jury trial scheduled for Dec. 1.
- The lawsuit stems from teams' refusal to sign charter extensions last September; 23XI Racing, co-owned by Michael Jordan and Denny Hamlin, and Front Row Motorsports, owned by Bob Jenkins, accuse NASCAR and the France family of monopolizing stock-car racing, seeking charter recognition for larger payouts.
- Attorney Jeffrey Kessler, attorney for 23XI and Front Row, highlighted leaked text messages and emails as evidence of NASCAR's attempts to monopolize the sport, noting 36 charters guarantee spots in the 40-car field.
- U.S. District Judge Kenneth Bell said he would rule on the preliminary injunction next week, as chartered teams grow frustrated and claim the litigation is harming valuations.
- Teams argue they need charter recognition to receive larger payouts, and despite Tyler Reddick's contract clause and sponsor breaches, Reddick, Bubba Wallace, and Denny Hamlin plan to race when playoffs begin Sunday at Darlington Raceway.
19 Articles
19 Articles
MJ's 23XI team argues for charter amid lawsuit
23XI Racing and Front Row Motorsports argued to a federal judge why the organizations still should be issued a preliminary injunction to be recognized as chartered organizations until their antitrust suit against the stock car racing series is finished.
Associated Press News
Michael Jordan's NASCAR team fights for charter status amid explosive lawsuit
Two NASCAR teams, including one owned by Michael Jordan, have argued in federal court for a preliminary injunction to be recognized as chartered organizations.
NASCAR Faces Antitrust Heat Over Charter System in High-Stakes Court Showdown - USA Herald
NASCAR has tapped the brakes on its lucrative charter system, agreeing not to sell any charters this season and capping sales next season as it stares down an antitrust lawsuit in North Carolina federal court. The high-octane legal fight pits NASCAR against two powerhouse challengers — Front Row Motorsports and 23XI Racing, the team co-owned NASCAR Charter Antitrust suit intensifies as court battle looms over racing monopolization claims.
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