Current:Home > Markets23XI Racing, co-owned by Michael Jordan, and Front Row Motorsports sue NASCAR -Excel Money Vision
23XI Racing, co-owned by Michael Jordan, and Front Row Motorsports sue NASCAR
View
Date:2025-04-16 19:47:28
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! (63)
Related
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Looking to invest? Here's why it's a great time to get a CD.
- Proof Bradley Cooper and Gigi Hadid's Night Out Is Anything But Shallow
- Why dozens of birds are being renamed in the U.S. and Canada
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- Arrest made in fatal shooting of Salem State University student
- 5 Things podcast: Climate change upending US fishing industry
- 'The Holdovers' movie review: Paul Giamatti stars in an instant holiday classic
- 'We're reborn!' Gazans express joy at returning home to north
- Texas Rangers beat Arizona Diamondbacks to claim their first World Series
Ranking
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Breonna Taylor’s neighbor testified son was nearly shot by officer’s stray bullets during 2020 raid
- 9 students from same high school overdose on suspected fentanyl, Virginia governor steps in
- How Charlie Sheen and Two and a Half Men Co-Creator Chuck Lorre Ended Their Yearslong Feud
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- 'Paradigm' shift: Are Commanders headed for rebuild after trading defensive stars?
- Watch this National Guard Sergeant spring a surprise on his favorite dental worker
- Martin Scorsese’s Daughter Francesca Shares Insight Into His Bond With Timothée Chalamet
Recommendation
Bodycam footage shows high
Officers fatally shoot knife-wielding man at a popular California restaurant after machete attack
Florida babysitter who attempted to circumcise 2-year-old boy charged with child abuse
As culture wars plague local elections, LGBTQ+ candidates flock to the ballot
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
DoorDash warns customers who don't tip that they may face a longer wait for their food orders
Bob Knight's death brings the reckoning of a legacy. A day we knew would come.
Man killed after pursuit and shootout with Alaska authorities, troopers say