Current:Home > Markets23XI Racing, co-owned by Michael Jordan, and Front Row Motorsports sue NASCAR -WealthSphere Pro
23XI Racing, co-owned by Michael Jordan, and Front Row Motorsports sue NASCAR
View
Date:2025-04-24 17:24:25
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! (321)
Related
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- How new 'Speak No Evil' switches up Danish original's bleak ending (spoilers!)
- Haitians in Ohio find solidarity at church after chaotic week of false pet-eating claims
- Americans end drought, capture 2024 Solheim Cup for first win in 7 years
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- Officer involved in Tyreek Hill traffic stop has history of complaints over use of force
- Prosecutors: Armed man barricaded in basement charged officers with weapon, was shot and killed
- The Bachelorette's Katie Thurston Engaged to Comedian Jeff Arcuri
- Highlights from Trump’s interview with Time magazine
- 2024 Emmys: Alan Cumming Claims Taylor Swift Stole His Look at the VMAs
Ranking
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Man convicted of trying to arrange the murder of a federal prosecutor
- 2024 Emmys: See Meryl Streep and Martin Short Continue to Fuel Dating Rumors
- Death toll rises as torrential rain and flooding force mass evacuations across Central Europe
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- Canelo Alvarez vs. Edgar Berlanga fight card results, round-by-round analysis
- Alabama freshman receiver Ryan Williams helps Crimson Tide roll past Wisconsin
- King Charles III and Prince William wish Prince Harry a happy birthday amid family rift
Recommendation
A South Texas lawmaker’s 15
How a small town in Kansas found itself at the center of abortion’s national moment
2024 Emmy Awards: Here Are All the Candid Moments You Missed on TV
How many points did Caitlin Clark score? Rookie has career high in win over Dallas Wings
The Grammy nominee you need to hear: Esperanza Spalding
Tech billionaire returns to Earth after first private spacewalk
Eugene Levy takes jab at 'The Bear' being a comedy in hilarious Emmys opening
4 wounded at Brooklyn train station when officers shoot man wielding knife