Current:Home > Scams23XI Racing, co-owned by Michael Jordan, and Front Row Motorsports sue NASCAR -Thrive Success Strategies
23XI Racing, co-owned by Michael Jordan, and Front Row Motorsports sue NASCAR
View
Date:2025-04-11 17:22:33
Two racing teams, 23XI Racing and Front Row Motorsports, sued NASCAR on Wednesday, accusing the organization of restraining fair competition and violating the Sherman Antitrust Act, preventing teams from competing "without accepting the anticompetitive terms" it dictates.
The suit was filed in the Western District of North Carolina and comes on the heels of a two-year battle between NASCAR and more than a dozen charter-holding organizations that compete in the top tier of stock car racing.
23XI Racing is co-owned by Basketball Hall-of-Famer Michael Jordan and driver Denny Hamlin.
"Everyone knows that I have always been a fierce competitor, and that will to win is what drives me and the entire 23XI team each and every week out on the track," Jordan said in a statement. "I love the sport of racing and the passion of our fans, but the way NASCAR is run today is unfair to teams, drivers, sponsors and fans. Today’s action shows I’m willing to fight for a competitive market where everyone wins."
23XI Racing and Front Row Motorsports claim the "France family and NASCAR are monopolistic bullies," according to the lawsuit obtained by USA TODAY Sports. "And bullies will continue to impose their will to hurt others until their targets stand up and refuse to be victims. That moment has now arrived."
NASCAR has not responded to USA TODAY Sports' request for a comment on the lawsuit.
"Unlike many major professional sports leagues like the NFL or the NBA, which are owned and operated by their teams, NASCAR has always been privately owned by the France family, including current CEO and Chairman, James France," the lawsuit says. "By exploiting its monopsony power over the racing teams, NASCAR has been able to impose anticompetitive terms as a condition of a team’s access to competitions."
Also, in the statement, the two racing teams say that NASCAR operates without transparency and has control of the sport that unfairly benefits the organization at the expense of owners, sponsors, drivers, and fans.
The lawsuit says that on Sept. 6, NASCAR presented a final, take-it-or-leave-it offer to the driving teams, telling them they had a deadline of 6 p.m. or risked not having a charter for next season.
The USA TODAY app gets you to the heart of the news — fast.Download for award-winning coverage, crosswords, audio storytelling, the eNewspaper and more.
veryGood! (3)
Related
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- Nipah: Using sticks to find a fatal virus with pandemic potential
- Chrysler recalls 330,000 Jeep Grand Cherokees because rear coil spring may detach
- The Future of The Bachelor and Bachelor in Paradise Revealed
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Analysis: India Takes Unique Path to Lower Carbon Emissions
- Elle Fanning, Brie Larson and More Stars Shine at Cannes Film Festival 2023
- Joe Biden on Climate Change: Where the Candidate Stands
- The White House is cracking down on overdraft fees
- Members of the public explain why they waited for hours to see Trump arraigned: This is historic
Ranking
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Emotional Vin Diesel Details How Meadow Walker’s Fast X Cameo Honors Her Late Dad Paul Walker
- An FDA committee votes to roll out a new COVID vaccination strategy
- Ryan Dorsey Shares How Son Josey Honored Late Naya Rivera on Mother's Day
- The Grammy nominee you need to hear: Esperanza Spalding
- As Solar Panel Prices Plunge, U.S. Developers Look to Diversify
- Celebrate 10 Years of the Too Faced Better Than Sex Mascara With a 35% Discount and Free Shipping
- Starbucks to pay $25 million to former manager Shannon Phillips allegedly fired because of race
Recommendation
Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
Emotional Vin Diesel Details How Meadow Walker’s Fast X Cameo Honors Her Late Dad Paul Walker
Arctic’s 2nd-Warmest Year Puts Wildlife, Coastal Communities Under Pressure
Kate Spade 24-Hour Flash Deal: Save 69% On This Overnight Bag That’s Perfect for Summer Travel
Current, future North Carolina governor’s challenge of power
Native Americans left out of 'deaths of despair' research
Ukraine: The Handoff
Kids’ Climate Lawsuit Thrown Out by Appeals Court