NASCAR reaches settlement with 23XI, Front Row Motorsports
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NBA legend Michael Jordan’s 23XI Racing wins major antitrust battle in dramatic NASCAR trial
Michael Jordan's 23XI Racing and Front Row Motorsports have reached an unexpected resolution with NASCAR, concluding a two-week antitrust trial. The l
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.
Probst details patents, supplier oversight, and spending caps as NASCAR counters antitrust accusations from 23XI and Front Row.
NASCAR chairman and CEO Jim France was called as the final witness for the plaintiffs, 23XI Racing and Front Row Motorsports, in the antitrust lawsuit the teams filed against France and the sport he owns and operates.
It is now Day 8 of the 23XI Racing and Front Row Motorsports versus NASCAR antitrust lawsuit trial. The trial is happening after 23XI and FRM filed an antitrust lawsuit against NASCAR in October 2024 alleging monopolistic practices;