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Michael Jordan and Teams Take NASCAR Antitrust Case

Media Bias Meter

Sources: 6

Center 100%

Sources: 6

Charlotte, N.C. — Federal antitrust trial opened Monday in which Michael Jordan's 23XI Racing and Front Row Motorsports accuse NASCAR of monopolistic control over charter deals determining entry and revenue. The jury of nine was seated to hear allegations and exhibits that include communications and financial records. Denny Hamlin, co-owner of 23XI, said the trial will reveal alleged lies and seek change. NASCAR Commissioner Steve Phelps said the series sought settlement before trial. Plaintiffs declined new charter extensions last year and sued. The case could restructure NASCAR's business model or remove teams. Based on 6 articles reviewed and supporting research.

Timeline

Last year: 23XI Racing and Front Row Motorsports declined to sign new charter extensions and filed an antitrust lawsuit against NASCAR.
Months before trial: NASCAR engaged in settlement discussions but did not reach a pre-trial resolution.
This week: Federal trial opened in the Western District of North Carolina and a nine-member jury was seated.
Early trial: Parties introduced exhibits referencing communications and financial records related to charter operations and team financing.
Next two weeks: Trial proceedings will determine liability and could lead to structural change or teams' removal.

Media Bias

Articles Published:: 6
Right Leaning:: 0
Left Leaning:: 0
Neutral:: 6

Who Benefited

If plaintiffs prevail, rival teams and investors could benefit from changes to charter rules and revenue distribution that increase competition and financial transparency.

Who Suffered

If NASCAR prevails, the suing teams risk losing guaranteed race entries and shared revenue, potentially harming their financial viability, personnel, and operational plans.

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