Current:Home > Contact23XI Racing, co-owned by Michael Jordan, and Front Row Motorsports sue NASCAR -Wealthify
23XI Racing, co-owned by Michael Jordan, and Front Row Motorsports sue NASCAR
View
Date:2025-04-15 13:22:21
Two racing teams, 23XI Racing and Front Row Motorsports, sued NASCAR on Wednesday, accusing the organization of restraining fair competition and violating the Sherman Antitrust Act, preventing teams from competing "without accepting the anticompetitive terms" it dictates.
The suit was filed in the Western District of North Carolina and comes on the heels of a two-year battle between NASCAR and more than a dozen charter-holding organizations that compete in the top tier of stock car racing.
23XI Racing is co-owned by Basketball Hall-of-Famer Michael Jordan and driver Denny Hamlin.
"Everyone knows that I have always been a fierce competitor, and that will to win is what drives me and the entire 23XI team each and every week out on the track," Jordan said in a statement. "I love the sport of racing and the passion of our fans, but the way NASCAR is run today is unfair to teams, drivers, sponsors and fans. Today’s action shows I’m willing to fight for a competitive market where everyone wins."
23XI Racing and Front Row Motorsports claim the "France family and NASCAR are monopolistic bullies," according to the lawsuit obtained by USA TODAY Sports. "And bullies will continue to impose their will to hurt others until their targets stand up and refuse to be victims. That moment has now arrived."
NASCAR has not responded to USA TODAY Sports' request for a comment on the lawsuit.
"Unlike many major professional sports leagues like the NFL or the NBA, which are owned and operated by their teams, NASCAR has always been privately owned by the France family, including current CEO and Chairman, James France," the lawsuit says. "By exploiting its monopsony power over the racing teams, NASCAR has been able to impose anticompetitive terms as a condition of a team’s access to competitions."
Also, in the statement, the two racing teams say that NASCAR operates without transparency and has control of the sport that unfairly benefits the organization at the expense of owners, sponsors, drivers, and fans.
The lawsuit says that on Sept. 6, NASCAR presented a final, take-it-or-leave-it offer to the driving teams, telling them they had a deadline of 6 p.m. or risked not having a charter for next season.
The USA TODAY app gets you to the heart of the news — fast.Download for award-winning coverage, crosswords, audio storytelling, the eNewspaper and more.
veryGood! (51)
Related
- Skins Game to make return to Thanksgiving week with a modern look
- Titan sub implosion highlights extreme tourism boom, but adventure can bring peril
- Controversial Enbridge Line 3 Oil Pipeline Approved in Minnesota Wild Rice Region
- FDA warns stores to stop selling Elf Bar, the top disposable e-cigarette in the U.S.
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Helping the Snow Gods: Cloud Seeding Grows as Weapon Against Global Warming
- 24-Hour Ulta Deal: 50% Off a Bio Ionic Iron That Curls or Straightens Hair in Less Than 10 Minutes
- Ohio River May Lose Its Regional Water Quality Standards, Vote Suggests
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- Lawyers fined for filing bogus case law created by ChatGPT
Ranking
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Oil and Gas Fields Leak Far More Methane than EPA Reports, Study Finds
- Best Memorial Day 2023 Home Deals: Dyson, Vitamix, Le Creuset, Sealy, iRobot, Pottery Barn, and More
- In post-Roe Texas, 2 mothers with traumatic pregnancies walk very different paths
- Tom Holland's New Venture Revealed
- These Are the Toughest Emissions to Cut, and a Big Chunk of the Climate Problem
- What Happened to Natalee Holloway: Breaking Down Every Twist in the Frustrating Case
- The doctor who warned the world of the mpox outbreak of 2022 is still worried
Recommendation
Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
For the intersex community, 'Every Body' exists on a spectrum
Half the World’s Sandy Beaches May Disappear by Century’s End, Climate Study Says
Controversial Enbridge Line 3 Oil Pipeline Approved in Minnesota Wild Rice Region
Small twin
'No kill' meat, grown from animal cells, is now approved for sale in the U.S.
A look at Titanic wreck ocean depth and water pressure — and how they compare to the deep sea as a whole
Go Inside Paige DeSorbo's Closet Packed With Hidden Gems From Craig Conover