Current:Home > Contact23XI Racing, co-owned by Michael Jordan, and Front Row Motorsports sue NASCAR -Global Finance Compass
23XI Racing, co-owned by Michael Jordan, and Front Row Motorsports sue NASCAR
View
Date:2025-04-20 00:31:45
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! (49595)
Related
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- Covid-19 Cut Gases That Warm the Globe But a Drop in Other Pollution Boosted Regional Temperatures
- Walt Nauta, Trump aide indicted in classified documents case, pleads not guilty
- A Clean Energy Revolution Is Rising in the Midwest, with Utilities in the Vanguard
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- EPA Environmental Justice Adviser Slams Pruitt’s Plan to Weaken Coal Ash Rules
- Selling Sunset's Amanza Smith Hospitalized for Blood Infection
- Lin Wood, attorney who challenged Trump's 2020 election loss, gives up law license
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- America’s Energy Future: What the Government Misses in Its Energy Outlook and Why It Matters
Ranking
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Covid-19 Cut Gases That Warm the Globe But a Drop in Other Pollution Boosted Regional Temperatures
- In the Sunbelt, Young Climate Activists Push Cities to Cut Emissions, Whether Their Mayors Listen or Not
- Unsealed parts of affidavit used to justify Mar-a-Lago search shed new light on Trump documents probe
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- Sun unleashes powerful solar flare strong enough to cause radio blackouts on Earth
- The Common Language of Loss
- Ohio Explores a New Model for Urban Agriculture: Micro Farms in Food Deserts
Recommendation
The Louvre will be renovated and the 'Mona Lisa' will have her own room
Solar Is Saving Low-Income Households Money in Colorado. It Could Be a National Model.
Jill Duggar Will Detail Secrets, Manipulation Behind Family's Reality Show In New Memoir
Meta launches Threads early as it looks to take on Twitter
North Carolina justices rule for restaurants in COVID
In a Growing Campaign to Criminalize Widespread Environmental Destruction, Legal Experts Define a New Global Crime: ‘Ecocide’
Oakland’s War Over a Coal Export Terminal Plays Out in Court
Rural Jobs: A Big Reason Midwest Should Love Clean Energy