NASCAR under pressure to settle lawsuit with Michael Jordan after latest loss in court

Michael Jordan News

NASCAR under pressure to settle lawsuit with Michael Jordan after latest loss in court
Automobile RacingNASCAR RacingKenneth Bell
  • 📰 AP
  • ⏱ Reading Time:
  • 379 sec. here
  • 24 min. at publisher
  • 📊 Quality Score:
  • News: 211%
  • Publisher: 51%

A federal judge has ruled in favor of two race teams, including one owned by Michael Jordan, in their antitrust lawsuit against NASCAR. The ruling pressures NASCAR to settle with 23XI Racing and Front Row Motorsports. On Tuesday, U.S.

Typhoon Kalmaegi leaves at least 26 dead in Philippines, with survivors trapped on roofs and in carsAt least 3 dead, 11 injured in UPS plane crash in Kentucky and governor says numbers likely to growDick Cheney, one of the most powerful and polarizing vice presidents in US history, dies at 84College Football Playoff committee to release its first rankings in a season of chaosDiane Ladd, 3-time Oscar nominee, dies at 89A vintage car graveyard in western Germany, in photosAh, rats! Researchers say some other critter likely created Chicago's 'rat hole' sidewalk landmarkGut microbiome tests are everywhere.

Should you get one?Nature walks are good for you, but can a city stroll be just as good?Is spending all day on your feet at work an occupational hazard?Brazil dismantles hundreds of illegal dredges in major Amazon mining crackdownFirst clinical trial of pig kidney transplants gets underwayGive caterpillars a 'soft landing' under your trees. The ecosystem will thank youEl cierre del gobierno se acerca al récord. Trump dice que no será"extorsionado" por demócratasFDA: fabricantes retiran un fármaco para la presión arterial contaminado con químico cancerígenoMarcha de Generación Z contra nuevo presidente de Perú deja un fallecido y más de 100 heridos Should you get one?Nature walks are good for you, but can a city stroll be just as good?Is spending all day on your feet at work an occupational hazard?Brazil dismantles hundreds of illegal dredges in major Amazon mining crackdownFirst clinical trial of pig kidney transplants gets underwayGive caterpillars a 'soft landing' under your trees. The ecosystem will thank youEl cierre del gobierno se acerca al récord. Trump dice que no será"extorsionado" por demócratasFDA: fabricantes retiran un fármaco para la presión arterial contaminado con químico cancerígenoMarcha de Generación Z contra nuevo presidente de Perú deja un fallecido y más de 100 heridosTeam owner Michael Jordan looks on during a NASCAR Cup Series auto race at Darlington Raceway, Aug. 31, 2025, in Darlington, S.C. Denny Hamlin celebrates in victory lane after winning a NASCAR Cup Series auto race Sunday, Oct. 12, 2025, in Las Vegas. Kyle Larson leads the field before a NASCAR Cup Series auto race Sunday, Nov. 2, 2025, in Avondale, Ariz. Team owner Michael Jordan looks on during a NASCAR Cup Series auto race at Darlington Raceway, Aug. 31, 2025, in Darlington, S.C. Team owner Michael Jordan looks on during a NASCAR Cup Series auto race at Darlington Raceway, Aug. 31, 2025, in Darlington, S.C. Denny Hamlin celebrates in victory lane after winning a NASCAR Cup Series auto race Sunday, Oct. 12, 2025, in Las Vegas. Denny Hamlin celebrates in victory lane after winning a NASCAR Cup Series auto race Sunday, Oct. 12, 2025, in Las Vegas. Kyle Larson leads the field before a NASCAR Cup Series auto race Sunday, Nov. 2, 2025, in Avondale, Ariz. Kyle Larson leads the field before a NASCAR Cup Series auto race Sunday, Nov. 2, 2025, in Avondale, Ariz. CHARLOTTE, N.C. — A federal judge on Tuesday issued a key victory for two race teams, one owned by Michael Jordan, that further pressures NASCAR to settle the antitrust lawsuit filed against it by 23XI Racing and Front Row Motorsports.U.S. District Judge Kenneth Bell ruled Tuesday in favor of 23XI, owned by Jordan and three-time Daytona 500 winner Denny Hamlin, and Bob Jenkins-owned Front Row, on an argument over the market definition of “premier stock-car racing.” Bell found that NASCAR controls the market and NASCAR’s argument that teams can race in other series is moot. The teams said in alleging the relevant market for premier stock car racing teams that “NASCAR’s Cup Series is currently the only buyer.” The argument was backed by the the expert opinion of Dr. Daniel Rascher, who concluded that “premier stock car racing” is a distinct form of automobile racing, and other types of motorsports like Formula 1 and IndyCar, and all lower levels of stock car racing, are not an equal substitute to NASCAR. NASCAR in a counterclaim said the teams unlawfully conspired in banding together for negotiations on new charter agreements, but Bell found “NASCAR deliberate, clear and unambiguous” alleged that the relevant market is “the market for entry of cars into NASCAR Cup Series races in the United States and any other location where a Cup Series race is held.” “The same transaction – the sale and purchase of premier stock car racing services – cannot be a different relevant market depending only on which side is complaining,” Bell wrote. “Most simply put, NASCAR made a strategic decision in asserting its Counterclaim and must now live with the consequences.” The lawsuit was filed a year ago by 23XI Racing and Front Row Racing when they were the only two organizations out of 15 to not sign extensions on new charter agreements. The new charter agreements were presented to the teams at the start of the 2024 playoffs with a deadline for them to sign. It followed more than two years of tense negotiations over the charters, which are at the heart of NASCAR’s business model as they guarantee revenue and access to weekly races. 23XI and Front Row likely will go out of business without them and are racing this season unchartered, which comes with significantly reduced prize money. Other teams have called for a settlement to move forward, but mediation sessions and private negotiations have not worked. The trial is scheduled for Dec. 1. “We are very pleased with the Court’s decision today, ruling in our favor. Not only does it deny NASCAR’s motion for summary judgment, but it also grants our partial summary judgment motion, finding that NASCAR has monopoly power in a properly defined market,” said Jeffrey Kessler, the attorney representing 23XI and Front Row. “This means that the trial can now be focused on whether NASCAR has maintained that power through anticompetitive acts and used that power to harm teams. We’re prepared to present our case to the jury and are focused on obtaining a verdict that benefits all of the teams, partners, drivers, and the fans.” NASCAR in its own statement touted the commitment it has shown into building NASCAR into the top motorsports series in the United States since its 1948 formation. Phelps did the same last week while reading from a statement that ran more than six minutes; he defended the Florida-based France family who founded and controls NASCAR and most of the tracks the series uses for events. “NASCAR looks forward to proving that it became the leading motorsport in the United States through hard work, risk-taking, and many significant investments over the past 77 years,” NASCAR said in a statement. “The antitrust laws encourage this — and NASCAR has done nothing anticompetitive in building the sport from the ground up since 1948. “While we respect the Court’s decision, we believe it is legally flawed and we will address it at trial and in the Fourth Circuit if necessary. NASCAR believes in the charter system and will continue to defend it from 23XI and Front Row’s efforts to claim that the charter system itself is anticompetitive.” Most of the organizations that did sign the new charter agreements last year submitted declarations to the court in support of the charter system and calling for a settlement to the case. All the teams want the charters to become permanent, which NASCAR refused to budge on during negotiations for the current agreement. Should a settlement not be reached before the trial and NASCAR loses, the entire charter system is at risk of being disbanded or overhauled. Teams are frustrated by that threat, and it is understood that NASCAR has since agreed to make the charters permanent and the snag in settlement talks is the amount of money 23XI and Front Row is demanding in damages and legal fees. Teams are concerned that NASCAR’s entire framework could be torn apart by a loss and are aggravated that it would be over the monetary demands being made by 23XI and Front Row.Fryer primarily covers motorsports for The AP with an emphasis on NASCAR, F1, IMSA and IndyCar. She is a New Jersey native based in Charlotte, North Carolina.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

AP /  🏆 728. in US

Automobile Racing NASCAR Racing Kenneth Bell Legal Proceedings Lawsuits NC State Wire Florida North Carolina Auto Racing FL State Wire Curtis Polk Daniel Rascher Steve Phelps Sports Bob Jenkins Jeffrey Kessler

 

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sydney Sweeney all smiles at NASCAR championship just hours after tense exchange with ex-fiancéSydney Sweeney all smiles at NASCAR championship just hours after tense exchange with ex-fiancéJulia Fox is under fire for her controversial Halloween costume, dressing as a blood-soaked Jackie Kennedy… and social media is not holding back. Meanwhile, Gayle King addresses rumors about her future at CBS Mornings, and Princesses Beatrice and Eugenie’s royal statuses are clarified following Prince Andrew’s title removal.
Read more »

Denny Hamlin 'Shocked' By Latest NASCAR Cup Championship HeartbreakDenny Hamlin 'Shocked' By Latest NASCAR Cup Championship HeartbreakDenny Hamlin was admittedly 'shocked' after losing out on the NASCAR Cup Series championship on a day where he was extremely dominant at Phoenix Raceway.
Read more »

Kyle Larson wins second NASCAR championship, denying Denny Hamlin in overtimeKyle Larson wins second NASCAR championship, denying Denny Hamlin in overtimeKyle Larson has denied Denny Hamlin his first career championship Sunday at Phoenix Raceway in Avondale.
Read more »

Kyle Larson wins second NASCAR championship, denying Denny Hamlin in overtimeKyle Larson wins second NASCAR championship, denying Denny Hamlin in overtimeA late caution sent the title-deciding finale into overtime.
Read more »

Kyle Larson outduels Denny Hamlin on overtime restart for second NASCAR Cup championshipKyle Larson outduels Denny Hamlin on overtime restart for second NASCAR Cup championshipRyan Blaney wins season finale at Phoenix Raceway.
Read more »

‘Sesame Street’ races to Netflix with NASCAR star Bubba Wallace for season 56‘Sesame Street’ races to Netflix with NASCAR star Bubba Wallace for season 56“Sesame Street' is set to launch its 56th season on Nov. 10, debuting on Netflix while continuing to air on PBS Kids.
Read more »



Render Time: 2026-04-01 04:19:15