NASCAR settles explosive Michael Jordan lawsuit
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That was the on-the-record reaction from John Probst, the chief racing development officer at NASCAR and the defense counsel’s first witness after the plaintiffs — 23XI Racing and Front Row Motorsports — rested their case Wednesday morning in U.S. District Court for the Western District of North Carolina in uptown Charlotte.
NASCAR and two of its Cup Series teams have reached a settlement after nine days of trial, announcing Thursday that they will work together to implement “evergreen charters.”
23XI Racing, which is owned by basketball Hall of Famer Jordan, three-time Daytona 500 winner Denny Hamlin, and Jordan’s financial adviser, Curtis Polk, and Front Row Motorsports, owned by Bob Jenkins, were the only two teams out of 15 organizations that refused to sign. They sued instead.
NASCAR Chairman Jim France has testified in the federal antitrust lawsuit filed by Michael Jordan’s 23XI Racing and Front Row Motorsports. The lawsuit challenges NASCAR's revenue-sharing model
Hamlin's testimony continued on Day 2, when he was questioned in cross-examination on his own comments about the state of NASCAR.
NASCAR is being sued by 23XI Racing, owned by Basketball Hall of Famer Michael Jordan and three-time Daytona 500 winner Denny Hamlin, and Front Row Motorsports, which is owned by fast-food franchiser Bob Jenkins.
NASCAR 25’s December DLC is now live, featuring 121 new paint schemes and 32 fire suits across Cup, Xfinity, Trucks, and ARCA.
Jenkins, the Front Row Motorsports owner, and NASCAR VP Scott Prime, architect of the sport's charter system, were on the stand Wednesday.
Former NASCAR driver Kyle Petty has recently shared a heartfelt post on social media with his wife, Morgan, celebrating their 10th wedding anniversary.