23XI, FRM, and NASCAR settle antitrust lawsuit
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Bubba Wallace shares 2-word feelings on NASCAR's lawsuit settlement with Michael Jordan's 23XI Racing originally appeared on The Sporting News. Add The Sporting News as a Preferred Source by clicking here. Bubba Wallace has chimed in.
XI Racing and Front Row Motorsports should be awarded more than $360 million in damages, according to the testimony of the economics expert the teams called upon in their antitrust lawsuit against NASCAR.
Rick Hendrick drops powerful message after NASCAR’s breakthrough settlement with 23XI Racing and FRM
The NASCAR trial ended on its ninth day. A settlement has been reached, guaranteeing permanent charters for the teams, though the financial terms of the settlement have not been disclosed.
And NASCAR really thought they were going to beat this guy in court? A settlement was reached yesterday in the bombshell lawsuit against NASCAR that was filed last year by two of its race teams, 23XI Racing (which is owned by NASCAR driver Denny Hamlin and NBA legend Michael Jordan) and Front Row Motorsports.
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Denny Hamlin tried to sell ownership stake in 23XI Racing in 2023
Denny Hamlin tried to sell his ownership stake in 23XI Racing in 2023. Find out what Hamlin said about the experience!
Richard Childress took the stand Tuesday in Day 7 of the 23XI Racing and Front Row Motorsports versus NASCAR antitrust lawsuit trial. While being questioned by NASCAR on cross-examination, a notable news item was revealed.