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 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. (AP) NASCAR Chairman Jim France testified Tuesday in Michael Jordan’s federal antitrust lawsuit against his family that he still has not changed his mind on granting teams permanent ...

NBA legend Michael Jordan testified in his antitrust lawsuit against NASCAR on Friday, revealing why he decided to take legal action against the sport he says he grew up a fan of. "Someone had to step ...

Michael Annett, a popular former NASCAR driver, has died. He was 39. Annett drove for JR Motorsports from 2017 through 2021 and the team shared the news of his death on social media on Friday. “Our ...

Forbes contributors publish independent expert analyses and insights. I have been chasing race cars since the first Michigan 500 in 1981. NASCAR President Steve O’Donnell, one of the top executives of ...

Steve O'Donnell, NASCAR's president, was questioned about how early signs that CEO Jim France was flexible on the sport's business model appeared not to materialize. Jared C. Tilton / Getty Images ...

Denny Hamlin, the NASCAR driver and co-owner of 23XI Racing with Michael Jordan, returned to the witness stand on Day 2 of the NASCAR antitrust trial. From their own attorney, Hamlin fielded a ...

Just days ahead of the highly anticipated antitrust trial between NASCAR and two of its teams, Denny Hamlin has had enough. The 23XI Racing team owner and party to this lawsuit and trial unloaded on ...

Nothing brings things to light like a lawsuit. The NASCAR lawsuit continues to reveal new and interesting documents. Remember Superstar Racing Experience? SRX? Tony Stewart and Ray Evernham came ...