Current:Home > Contact23XI Racing, co-owned by Michael Jordan, and Front Row Motorsports sue NASCAR-VaTradeCoin
23XI Racing, co-owned by Michael Jordan, and Front Row Motorsports sue NASCAR
lotradecoin features View Date:2025-01-12 16:29:16
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! (46325)
Related
- 'Mary': How to stream, what biblical experts think about Netflix's new coming
- August execution date set for Florida man involved in 1994 killing and rape in national forest
- 2024 Olympics: Why Hezly Rivera Won’t Compete in Women’s Gymnastics Final
- Accusing Olympic leaders of blackmail over SLC 2034 threat, US lawmakers threaten payments to WADA
- Shanghai bear cub Junjun becomes breakout star
- RHOC Preview: What Really Led to Heather Dubrow and Katie Ginella's Explosive Fight
- Voting group asks S. Carolina court to order redraw of US House districts that lean too Republican
- Look: Ravens' Derrick Henry reviews USA rugby's Ilona Maher's viral stiff arm in 2024 Paris Olympics: 'She got it'
- Dick Van Dyke credits neighbors with saving his life and home during Malibu fire
- Olympic medals today: What is the medal count at 2024 Paris Games on Tuesday?
Ranking
- Oregon lawmakers to hold special session on emergency wildfire funding
- Simone Biles, U.S. women's gymnastics dominate team finals to win gold: Social media reacts
- New Jersey judge rejects indictment against officer charged with shooting man amid new evidence
- Hearing about deadly Titanic submersible implosion to take place in September
- Supreme Court allows investors’ class action to proceed against microchip company Nvidia
- How Stephen Nedoroscik Became Team USA's Pommel Horse Hero
- Delaware gubernatorial candidate calls for investigation into primary rival’s campaign finances
- Lands’ End 75% off Sale Includes Stylish Summer Finds, Swimwear & More, Starting at $11
Recommendation
-
What Americans think about Hegseth, Gabbard and key Trump Cabinet picks AP
-
8 US track and field athletes who could win Olympic gold: Noah, Sha'Carri, Sydney and more
-
Watch this toddler tap out his big sister at Air Force boot camp graduation ceremony
-
Utility cuts natural gas service to landslide-stricken Southern California neighborhood
-
The Sundance Film Festival unveils its lineup including Jennifer Lopez, Questlove and more
-
Utility cuts natural gas service to landslide-stricken Southern California neighborhood
-
2024 Olympics: Coco Gauff Tears Up After Controversial Call From Tennis Umpire
-
The Best Nordstrom Anniversary Sale 2024 Jewelry Deals Under $50: Earrings for $20 & More up to 45% Off