Archive · 12 Dec 2025
NASCAR Settles Antitrust Lawsuit with Michael Jordan Teams
NASCAR, the stock car racing series, was sued by two teams, 23XI Racing and Front Row Motorsports, owned by basketball legend Michael Jordan.
The teams accused NASCAR of being a monopoly and not treating them fairly.
After a long legal battle, they settled the case.
As part of the deal, NASCAR agreed to make the race charters permanent for all teams.
This means the teams will have guaranteed access to big races and a share of the money made by NASCAR.
The settlement happened on the ninth day of the trial, and everyone involved, including the judge, was happy that they could resolve the issue without a long court battle.
Michael Jordan said it was a good day, and the judge believed it was great for NASCAR and its fans.
NASCAR settled an antitrust lawsuit with 23XI Racing and Front Row Motorsports, owned by Michael Jordan.
The settlement made race charters permanent for all Cup Series teams, ensuring access to top-level races and revenue.
The lawsuit alleged monopolistic behavior and was filed after the teams refused to sign new charter agreements in September 2024.
The financial terms of the settlement were not disclosed, but damages were claimed to be over $300 million.
The settlement occurred on the ninth day of the trial, with the judge praising the resolution as beneficial for NASCAR and its fans.
- Who
- NASCAR, 23XI Racing, Front Row Motorsports, Michael Jordan, Denny Hamlin, Bob Jenkins, Jim France, Judge Kenneth Bell
- What
- Settlement of an antitrust lawsuit over monopolistic behavior and race charter issues
- When
- 11 December 2025
- Where
- Charlotte, North Carolina, United States
- Why
- To resolve allegations of monopolistic behavior and secure permanent race charters for the teams
- Teams Involved
- 23XI Racing, Front Row Motorsports
- Owners
- Michael Jordan, Denny Hamlin, Bob Jenkins
- NASCAR Chairman
- Jim France
- Judge
- Kenneth Bell
- Settlement Date
- 11 December 2025
- Location
- Charlotte, North Carolina, United States
- Key Issue
- Race charter permanence
- Damages Claimed
- Over $300 million
