Michael Jordan's 23XI Racing Faces Legal Battle with NASCAR Over Charter System
The antitrust lawsuit challenges NASCAR's charter model, potentially impacting team operations and the upcoming championship race.
- 23XI Racing and Front Row Motorsports have filed an antitrust lawsuit against NASCAR, accusing it of monopolistic practices through its charter system.
- The lawsuit centers on a clause in the 2025 Charter Agreement that prevents teams from launching antitrust lawsuits against NASCAR.
- A preliminary injunction decision, expected by Friday, could determine whether 23XI Racing can compete as a chartered team in the 2025 season.
- Michael Jordan and his team argue that NASCAR's current business model stifles competition, while NASCAR defends the charter system as equitable.
- The outcome of the legal battle could affect 23XI Racing's ability to retain driver Tyler Reddick and secure sponsorships if they lose their charter status.