23XI Racing and Front Row Motorsports Sue NASCAR Over Alleged Antitrust Violations

The lawsuit challenges NASCAR's charter agreement, claiming it restricts fair competition and revenue sharing among teams.

23XI Racing and Front Row Motorsports have filed an antitrust lawsuit against NASCAR, arguing the governing body's practices hinder fair competition.
NASCAR is represented by attorney Chris Yates, known for his work in high-profile antitrust cases, while 23XI and FRM have enlisted Jeffrey Kessler, a prominent sports law expert.
The lawsuit highlights concerns over revenue distribution, with teams claiming financial strain despite NASCAR's substantial earnings.
Michael Jordan and Denny Hamlin, co-owners of 23XI Racing, argue for systemic changes to ensure a more equitable financial model within the sport.
The dispute has opened a broader dialogue about the financial challenges faced by NASCAR teams and drivers, including declining salaries.