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 ...

This is read by an automated voice. Please report any issues or inconsistencies here. NASCAR settled its antitrust lawsuit Thursday, agreeing to grant 23XI Racing and Front Row Motorsports permanent ...

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, ...

Michael Jordan and NASCAR chairman Jim France stood side-by-side on the steps of a federal courthouse as if they were old friends following a stunning settlement Thursday of a bruising antitrust case ...

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 ...

CHARLOTTE, N.C. — The first person the jurors likely see as they walk to their seats each day in the biggest NASCAR trial ever is Michael Jordan. They haven’t just seen him. They have heard from the ...

Forbes contributors publish independent expert analyses and insights. I have been chasing race cars since the first Michigan 500 in 1981. After NASCAR Commissioner Steve Phelps was the focus of ...