After so many months of speculation, the NASCAR antitrust trial has finally concluded. In the aftermath, the NASCAR teams, led by Michael Jordan, are the winners, as there is potential for new revenue and the return of the five-strike rule.

On Thursday, 23XI Racing and Front Row Motorsports announced their settlement with NASCAR following more than a year-long legal battle […]

NASCAR settles its year-long antitrust battle with 23XI and Front Row, ending a tense trial and securing stability for teams and the sport.

Several team investors and industry executives feel charter values have gone up overnight with the establishment of evergreen provisions from the settlement of NASCAR's antitrust trial.

23XI Racing, which is owned by basketball Hall of Famer Jordan, three-time Daytona 500 winner Denny Hamlin, and Jordan’s financial adviser, Curtis Polk, and Front Row Motorsports, owned by Bob Jenkins, were the only two teams out of 15 organizations that refused to sign. They sued instead.