23XI Racing and Front Row can compete in 2025 while suing NASCAR after clause removed from contracts
The two teams suing NASCAR over an antitrust complaint said Saturday they will compete in 2025 as “open teams” after the sanctioning body removed anticompetitive release claims that will allow them to race while the legal process continues
CHARLOTTE, N.C. (AP) — The two teams suing NASCAR over an antitrust complaint said Saturday they will compete in 2025 as “open teams” after the sanctioning body removed anticompetitive release claims that will allow them to race while the legal process continues.
23XI Racing, the team owned by NBA Hall of Famer Michael Jordan and three-time Daytona 500 winner Denny Hamlin, and Front Row Motorsports refused in September to sign take-it-or-leave it revenue sharing offers made by NASCAR just 48 hours before the start of the playoffs.
The teams have filed an antitrust suit alleging NASCAR is “monopolistic bullies” and were denied in federal court last week a request to be recognized as “chartered” teams as the suit continues. A charter is essentially a franchise and guarantees prize money, a spot in the field each week, and other protections.
Both teams insisted they'd compete as “open” teams, which would require them to show up each week and qualify their cars for every race. Open teams also do not receive the same benefits as chartered teams, including a fair cut from the financial purses.