Current:Home > News23XI Racing, co-owned by Michael Jordan, and Front Row Motorsports sue NASCAR -ProfitSphere Academy
23XI Racing, co-owned by Michael Jordan, and Front Row Motorsports sue NASCAR
View
Date:2025-04-14 16:43:23
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! (892)
Related
- See you latte: Starbucks plans to cut 30% of its menu
- Federal appeals court preserves access to abortion drug but with tighter rules
- Why anti-abortion groups are citing the ideas of a 19th-century 'vice reformer'
- 4 tips for saying goodbye to someone you love
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- Sen. Amy Klobuchar calls Texas judge's abortion pill ruling 'shocking'
- 29 Grossly Satisfying Cleaning Products With Amazing Results
- 13 years after bariatric surgery, a 27-year-old says it changed her life
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- IPCC Report Shows Food System Overhaul Needed to Save the Climate
Ranking
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- Ranking Oil Companies by Climate Risk: Exxon Is Near the Top
- Why anti-abortion groups are citing the ideas of a 19th-century 'vice reformer'
- Anne Hathaway's Stylist Erin Walsh Explains the Star's Groundbreaking Fashion Era
- Trump's 'stop
- Q&A: 50 Years Ago, a Young Mother’s Book Helped Start an Environmental Revolution
- Sydney Sweeney Makes Euphoric Appearance With Fiancé Jonathan Davino in Cannes
- Where gender-affirming care for youth is banned, intersex surgery may be allowed
Recommendation
What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
Dog stabbed in Central Park had to be euthanized, police say
At a Nashville hospital, the agony of not being able to help school shooting victims
Sarah Jessica Parker Shares Sweet Tribute to Matthew Broderick for Their 26th Anniversary
'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
A Marine Heat Wave Intensifies, with Risks for Wildlife, Hurricanes and California Wildfires
With Greenland’s Extreme Melting, a New Risk Grows: Ice Slabs That Worsen Runoff
Climate Crisis Town Hall Tested Candidates’ Boldness and Credibility