· charlotte, n. c. Nascar agreed to make team charters permanent for all 36 teams—exactly what jordan wanted. · michael jordan’s 23xi racing and front row motorsports settled their antitrust lawsuit against nascar on. · the competing interests — nascar and the two race -team plaintiffs, 23xi racing and front row motorsports — issued a joint statement that included no terms, other than nascar ’s decision to grant permanent charter status for the teams. — nascar, 23xi racing, and front row motorsports have reached a settlement in their antitrust lawsuit , ending a contentious dispute over the sport’s charter system and securing. The plaintiffs are the two nascar cup series teams that refused to sign nascar s new charter agreement that began in the 2025 nascar cup series season. · nascar has reversed course and now says it will not sell or transfer any of the charters related to the litigation involving 23xi racing and front row motorsports until after the trial has concluded. The trial began on. · for months, 23xi racing and front row motorsports have been embroiled in a legal contest against nascar , centered around a federal antitrust lawsuit that will not go to trial until late in the year. Nascar was a case in which 23xi racing and front row motorsports allege antitrust violations by nascar. · the lawsuit, brought by 23xi racing — co-owned by nba hall of famer michael jordan and veteran driver denny hamlin — and front row motorsports, accused nascar of anticompetitive practices related to its charter agreements and revenue-sharing arrangements.
