Michael Jordan Archives

Michael Jordan’s 23XI and a 2nd team sue NASCAR over revenue sharing model

CHARLOTTE, N.C. (AP) — NASCAR is facing a federal antitrust lawsuit from two of its teams, including one co-owned by Michael Jordan. The suit seeks unspecified damages and says the charter system limits competition by unfairly binding the teams to the stock car series. NASCAR gave teams a take-it-or-leave-it offer last month and only 13 teams signed. Jordan’s 23XI team and Front Row Motorsports refused and have hired the top antitrust lawyer in the country to fight their battle with NASCAR.… Continue Reading

NASCAR driver Bubba Wallace signs contract extension with Jordan-owned 23XI Racing

CHARLOTTE, N.C. (AP) — Bubba Wallace has signed a multi-year contract extension with 23XI Racing that the team announced with a 10-second video on social media. Wallace did not make the Cup Series playoffs this season. He heads to Bristol Motor Speedway winless on the year and ranked 19th in the standings for Saturday night’s elimination race. Wallace has driven for 23XI since its 2021 inception. The team is owned by Denny Hamlin and Michael Jordan.… Continue Reading