Michael Jordan Archives

NASCAR files appeal against 23XI and Front Row just 1 hour before Daytona 500 qualifying begins

DAYTONA BEACH, Fla. (AP) — NASCAR has filed a 68-page appeal roughly one hour before the start of Daytona 500 qualifying that argues a federal judge erred in recognizing 23XI Motorsports and Front Row Motorsports as chartered teams for 2025 as the two organizations sue over antitrust claims. 23XI Racing is co-owned by NBA Hall of Famer Michael Jordan and three-time Daytona 500 winner Denny Hamlin, while Front Row Motorsports is owned by entrepreneur Bob Jenkins. A judge has already rejected NASCAR’s motion to dismiss the suit, and also denied NASCAR’s request that the two organizations post a bond to cover any monies they are paid as chartered teams that would have to be returned should 23XI and Front Row lose the lawsuit.… Continue Reading

Federal judge denies motion to recognize Michael Jordan’s NASCAR teams as a chartered organization

AVONDALE, Ariz. (AP) — A federal judge has denied a motion by two NASCAR teams — one owned by NBA Hall of Famer Michael Jordan — to be recognized as chartered teams as they proceed in an antitrust lawsuit against the stock car series and chairman Jim France. The motion was signed by federal judge Frank Whitney of the United States District Court of Western North Carolina in Charlotte at the exact same time NASCAR executives were giving their annual “State of the Sport” address at Phoenix Raceway. The decision came down just hours before Cup cars hit the track for the first practice session of championship weekend.… Continue Reading

2 teams suing NASCAR ask court to allow them to compete under new charter agreement as case proceeds

CHARLOTTE, N.C. (AP) — The two teams suing NASCAR have asked for a court order to compete under the 2025 charter agreement as their antitrust case moves through federal court. 23XI Racing is owned by Michael Jordan, veteran driver Denny Hamlin and Curtis Polk. Front Row Motorsports is owned by Bob Jenkins. The teams sued NASCAR and chairman Jim France last week, accusing NASCAR of being “monopolistic bullies” in the new charter system that they refused to sign.… Continue Reading

NASCAR playoffs roll into Talladega with cloud of lawsuit hanging over sport

TALLADEGA, Ala. (AP) — It’s most fitting that NASCAR this weekend races at Talladega Superspeedway, site of one of the first major disputes between drivers and the top stock car series in the United States. It was at the Alabama track’s 1969 debut race when the NASCAR-despised Professional Driver Association led by Richard Petty deemed the track too dangerous and not ready for competition. The PDA wanted to postpone the race, NASCAR founder Bill France said no and held the event anyway after 36 regulars boycotted. Now 55 years later, NASCAR is back at Talladega with the France family again under challenge. This time from only two teams who filed an antitrust lawsuit against NASCAR over its charter system.… Continue Reading

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