Overview
- Jordan told jurors he felt compelled to challenge NASCAR, citing an unviable revenue split, a no‑sue provision and an ultimatum as reasons 23XI refused the 2024 charter extensions.
- He disclosed owning 60% of 23XI, investing $35–$40 million, and buying a third charter for about $28 million late in 2024 despite uncertainty.
- Heather Gibbs characterized the six-hour signing window as “a gun to your head” and said permanent charters are essential for team security at Joe Gibbs Racing.
- Front Row’s Bob Jenkins testified to roughly $100 million in lifetime losses and season costs near $20 million per car, compared with about $12.5 million in guaranteed payouts per chartered entry.
- Internal messages and testimony described executive rifts and track exclusivity efforts as NASCAR denies restraining trade and touts charter-created equity, with the trial continuing in Charlotte and more witnesses expected.