Monday, December 1, 2025

Michael Jordan Arrives in Court for #NASCAR Lawsuit

Michael Jordan Arrives in Court for #NASCAR Lawsuit

Could Blow Motorsports Apart

Michael Jordan Arrives in Court for #NASCAR Lawsuit

 

Michael Jordan's bitter fight against NASCAR headed to federal court on Monday in a jury trial that could tear apart the top motorsports series.

 

The legendary NBA great, 62, was pictured arriving at the Western District of North Carolina in Charlotte for the case, brought by 23XI Racing, which he majority-owns, and another team, Front Row Motorsports.

 

"I did it for the smaller teams as well. It's not just me." M.J.

 

The antitrust allegations leveled by the two parties have alleged salacious personal communications within NASCAR, issues with its finances and a deep contempt between some of the top executives in the sport and its participants.

 

NASCAR claims it has done nothing wrong, insisting it has not violated antitrust law because it has done nothing to restrain trade beyond normal business practices.

 

"We will continue to defend and preserve it (Charter System), but make no mistake, the lawsuit puts this at risk". NASCAR CEO Steve Phelps

 

The judge in the case has already ruled that NASCAR has a monopoly over its market, in a significant win for Jordan's side. But it is now up to the six-person jury to decide whether the motorsports organization abused this power and broke antitrust laws.

 

Three-time Daytona 500 winner Denny Hamlin, who owns 23XI alongside Jordan and his longtime business manager, Curtis Polk, suggested that the gloves will be off during the two-week trial.

 

“Our fans have been brainwashed with their talking points for decades. Narratives pushed by media who are intimidated by them. Lies are over starting Monday morning. It’s time for the truth. It’s time for change.” Denny Hamlin

 

If NASCAR wins, it is unlikely that 23XI and Front Row would stay in business beyond 2026 and the six charters being held aside likely would be floated to other interested parties.

 

The last one sold went for $45 million, and NASCAR has indicated there is strong interest from potential buyers, including private-equity firms.

 





 

source: Daily Mail Media