SOURCE SPORTS: Michael Jordan Sues NASCAR And Its CEO Jim France
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12 Articles
Michael Jordan sues NASCAR: NBA icon takes stand against sport's administration
The famous Chicago Bulls basketballer – who now owns part of a racing team – is taking on NASCAR after filing an anti-trust lawsuit in US federal court. Michael Jordan is suing NASCAR and its CEO Jim France for “anti-competitive and monopolistic control of the sport” after refusing to sign an “unfair” charter agreement between his team and the organisation. “I love the sport of racing and the passion of our fans, but the way NASCAR is run today…
Michael Jordan's Racing Team Files Lawsuit Against NASCAR and Jim France
Michael Jordan’s racing team, 23XI Racing, has taken legal action against NASCAR and its CEO, Jim France, accusing them of “monopolistic bullying.” The lawsuit, filed in federal court in North Carolina on Wednesday, also includes Front Row Motorsports, another team that shares Jordan’s grievances. At the heart of the dispute is what the two teams describe as unfair business practices and a refusal by NASCAR to negotiate terms that would provide …
23XI Rancing, which the former NBA superstar is co-owner, and Front Row Motorsports, the only teams of the 15 that compete in the main stock car championship in the United States, filed a complaint in a Charlotte court with the body that owns the competition accusing him of a management “of anti-competitive and monopolistic control of the sport”
Michael Jordan Sues NASCAR And Its CEO
Michael Jordan is reportedly suing NASCAR and its CEO, Jim France. Reports state that Jordan’s 23XI Racing and Front Row Motorsports filed a lawsuit in a North Carolina federal court on October 2. The lawsuit came after two teams refused to sign updates pacts with NASCAR due to “unfair terms.” Both of Jordan’s teams demanded more when their extension went beyond 2024 as stated in their agreement, however France or NASCAR refused to negotiate th…
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