NASCAR, Michael Jordan
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NASCAR, 23XI Racing and Front Row Motorsports have reached a settlement in their federal antitrust case, ending the trial on its ninth day.
US-based Car racing series settles antitrust case against Michael Jordan-owned teams over allegations of monopolistic concerns in the motorsport. The racing series has agreed to make the race charter model permanent for the teams.
CHARLOTTE, N.C. (AP) — The theme of family ties in motorsports was woven through Michael Jordan’s federal antitrust lawsuit against NASCAR, with witness after witness testifying to their emotional connections to the top motorsports series in the United States.
Michael Jordan and Jim France stood opposed for over a year. On Thursday, they were united, “moving forward instead of moving separately.”