NASCAR, 23XI Racing and Front Row Motorsports have reached a settlement in their federal antitrust case, ending the trial on its ninth day.

NASCAR on Thursday reached a deal with 23XI Racing and Front Row Motorsports to end the ongoing litigation. Terms were not yet known.

The way NASCAR had long done business had become obsolete, but the antitrust suit brought by Michael Jordan and settled on Thursday, changes that.

Representing 23XI Racing and Front Row Motorsports in its antitrust lawsuit against NASCAR, lead attorney Jeffrey Kessler made the announcement to Judge Kenneth D. Bell at 10:03 a.m. in the Potter Courtroom on the second floor of the Western District of North Carolina.

Here's an updating look at what we're gathering in the aftermath of Thursday's settlement between NASCAR and the two teams suing it.

NASCAR settles its year-long antitrust battle with 23XI and Front Row, ending a tense trial and securing stability for teams and the sport.

XI Racing and Front Row Motorsports should be awarded more than $360 million in damages, according to the testimony of the economics expert the teams called upon in their antitrust lawsuit against NASCAR.

Richard Childress took the stand Tuesday in Day 7 of the 23XI Racing and Front Row Motorsports versus NASCAR antitrust lawsuit trial. While being questioned by NASCAR on cross-examination, a notable news item was revealed.