Updated: Saturday| Published: Friday
Michael Jordan testified in a federal courthouse in Charlotte during a major NASCAR antitrust lawsuit, challenging NASCAR’s revenue sharing, charter system, and monopoly practices alongside Front Row Motorsports.Jordan's 23XI Racing, which invested about $35 to $40 million and refused NASCAR's 112-page extension deal, argued that NASCAR's charter system creates unfair barriers for teams.Court testimonies, including those from Heather Gibbs of Joe Gibbs Racing, described financial risks and called for reforms to ensure stability and fairer treatment for all teams.
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Michael Jordan testified in a federal courthouse in Charlotte during a major NASCAR antitrust lawsuit, challenging NASCAR’s revenue sharing, charter system, and monopoly practices alongside Front Row Motorsports....

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