Michael Jordan's Racing Team Sues NASCAR

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Michael Jordan's Racing Team Sues NASCAR
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The lawsuit challenges NASCAR's new charter system, claiming it restricts competition.

Michael Jordan's car racing team has filed a lawsuit against NASCAR this week, alleging that a new system creates unfair competition.On Wednesday, two NASCAR teams, including one owned by Jordan, filed an antitrust lawsuit against NASCAR and its chairman Jim France. The lawsuit challenges NASCAR's new charter system, claiming it restricts competition by unfairly tying teams to the series, its tracks and specific suppliers.

Instead, they enlisted Jeffrey Kessler, a prominent antitrust lawyer known for representing athletes in North America's four major sports leagues, advancing the NCAA toward paid college athletes and securing a landmark equal pay victory for the U.S. women's national soccer team.The lawsuit demands information from NASCAR and chairman France regarding their 'exclusionary practices' and efforts to shield themselves from competition.

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