
NASCAR teams urge settlement as trial looms for Michael Jordan’s antitrust suit against series
Michael Jordan has expressed willingness to settle an antitrust lawsuit against NASCAR. The case involves his team, 23XI Racing, and Front Row Motorsports. They are challenging NASCAR’s charter system, which guarantees team spots and revenue. The system is crucial to NASCAR’s business model. A trial is set for December, but a settlement could prevent significant changes to the sport. NASCAR has filed for summary judgment, and key figures like Roger Penske and Joe Gibbs are urging resolution. The lawsuit could reshape NASCAR’s structure, impacting teams and the sport’s future.