NASCAR’s charter system has shaped how teams compete and do business in the Cup Series since 2016. Built to give teams stability and predictable income, the model guarantees race entry and shares ...

AI-generated summary reviewed by our newsroom. Read our AI Policy. Michael Jordan and his co-plaintiffs secured permanent charters for all NASCAR race teams. Settlement came mid-trial, after eight ...

NASCAR and two race teams settled an antitrust lawsuit, ending a nine-day trial. As part of the agreement, NASCAR will grant teams permanent "evergreen" charters. The teams got their “forever ...

NASCAR reached a settlement Thursday of the bruising antitrust lawsuit filed against the stock car series by two of its race teams, including one co-owned by NBA great Michael Jordan. "Today's a good ...

NASCAR and Michael Jordan's racing team, 23XI, have settled an antitrust lawsuit. On Thursday, the parties reached an agreement over NASCAR's alleged monopoly on U.S. premier stock car racing.

CHARLOTTE, N.C. — NASCAR reached a settlement Thursday of the bruising antitrust lawsuit filed against the stock car series by two of its race teams, including one co-owned by NBA great Michael Jordan ...

The NASCAR antitrust trial has ended without an official winner. And without an official loser either. Michael Jordan and the other plaintiffs settled with the sanctioning body of stock car racing, ...

NASCAR and two teams, 23XI Racing co-owned by Michael Jordan and Front Row Motorsports, agreed to a settlement in an antitrust lawsuit on Dec. 11. The settlement was announced in court ahead of what ...

Michael Jordan and Denny Hamlin's 23XI Racing brought the lawsuit, along with Bob Jenkins' Front Row Motorsports. Jeff Robinson / Icon Sportswire via Getty Images CHARLOTTE, N.C. — NASCAR and the two ...

It's over. The antitrust lawsuit, which pitted 23XI Racing, the NASCAR Cup Series team owned by NBA legend Michael Jordan and Denny Hamlin, and Front Row Motorsports against NASCAR, officially came to ...

The trial between Michael Jordan’s 23XI Racing and NASCAR is over, with Jordan and Co. coming out as the big winner. Jeffrey Kessler, the attorney representing Jordan's 23XI Racing and Front Row ...

A federal antitrust case accusing NASCAR of being a monopolistic bully was settled Thursday after the stock car racing series agreed to make the charters at the heart of its business model permanent ...