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News in English (USA) / 02.10.2024 / 17:00

Michael Jordan's 23XI Racing and Front Row Motorsports Sue NASCAR Over Revenue Sharing Model

In a significant legal development, Michael Jordan's 23XI Racing team, along with Front Row Motorsports, has filed a federal antitrust lawsuit against NASCAR and its CEO, Jim France. The lawsuit alleges unlawful monopolization and criticizes NASCAR for its charter agreement, describing the organization as 'monopolistic bullies.' This move comes as both teams express concerns over the revenue-sharing model employed by NASCAR, claiming it unfairly benefits a select few and stifles competition. Jordan has publicly addressed the situation, reinforcing his commitment to seeking change within the racing organization amid this legal battle.
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