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23XI is co-owned by Michael Jordan and Cup Series driver Denny Hamlin. Front Row Motorsports has competed in the Cup Series for nearly 20 years. Both teams are looking to expand from two cars to ...
A federal judge set a Jan. 8 hearing for NASCAR’s motion to throw out an antitrust lawsuit filed against the stock car series teams backed by Michael Jordan-owned 23XI Racing and Front Row ...
23XI Racing, a team co-owned by NBA Hall of Famer Michael Jordan, and Front Row Motorsports, which is owned by entrepreneur Bob Jenkins, are suing NASCAR to compete with charter recognition ...
The two teams suing NASCAR asked a judge for a preliminary injunction Wednesday so they can compete next season under the charter system they are challenging as their antitrust case moves through ...
Jordan had said he took the fight to court on behalf of all teams competing in the top motorsports series in the United States. NASCAR had argued that the two teams simply do not like the terms of the final charter agreement and asked for the lawsuit be dismissed. Both Front Row and 23XI want to expand from two full-time cars to three.
Michael Jordan, co-owner of 23XI Racing, sits in his pit box during a NASCAR Cup Series auto race at Talladega Superspeedway, Sunday, Oct. 6, 2024, in Talladega, Ala. (AP Photo/ Butch Dill)
NASCAR in early September presented its final offer on what is essentially a revenue sharing model; 13 organizations signed, with most saying they did so under duress or felt threatened into doing so. But 23XI Racing, the team co-owned by Jordan and veteran driver Denny Hamlin, and the smaller Front Row team refused to sign.
“In the words of NASCAR Hall of Famer Jimmie Johnson,” the lawsuit says, “the best thing to be is NASCAR, the second best a driver and the last thing a team owner.” AP auto racing: https ...