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Michael Jordan Tells Jury He Had to Sue NASCAR in Antitrust Case

The 23XI co-owner cast the charter system as coercive, citing a sign-or-lose ultimatum.

Overview

  • Jordan testified for about an hour in a packed Charlotte federal courtroom, telling jurors, “Someone had to step forward and challenge the entity.”
  • He said longstanding talks went nowhere and that teams refused to sign NASCAR’s proposed 112-page charter agreement, which he viewed as economically unworkable and restrictive.
  • Jordan noted that 23XI still bought a third charter late in 2024 for $28 million despite uncertainty over the system’s future.
  • Heather Gibbs described a chaotic six-hour window to sign an extension or lose charters, calling the document a coercive “gun to your head.”
  • Reporters described the proceedings as a landmark antitrust trial, with testimony portraying NASCAR as unwilling to discuss charter changes as the jury weighs the evidence.