Charlotte, North Carolina, December 7, 2025
In a significant antitrust trial in Charlotte, NBA legend Michael Jordan criticized NASCAR’s charter system, arguing for a partnership approach similar to the NBA. Jordan, co-owner of 23XI Racing, highlighted the financial challenges and lack of transparency in NASCAR’s revenue-sharing practices. He and veteran driver Denny Hamlin emphasized the need for a more equitable model for the long-term sustainability of the sport. The ongoing trial could lead to major changes in NASCAR’s operations and revenue distribution.
Michael Jordan Critiques NASCAR’s Charter System in Antitrust Trial
NBA legend calls for reform, highlighting financial challenges for teams
Charlotte, North Carolina – In a significant development within the NASCAR community, NBA legend Michael Jordan has publicly criticized the sport’s current charter system, advocating for a partnership model akin to that of the NBA. This stance was highlighted during his testimony in a federal antitrust trial in Charlotte, where Jordan, co-owner of 23XI Racing, expressed concerns over NASCAR’s revenue-sharing practices and their impact on team operations.
Michael Jordan’s Testimony
During the trial, Jordan detailed his $40 million investment in 23XI Racing, emphasizing the financial challenges posed by NASCAR’s existing charter system. He criticized the system for lacking fairness and transparency, particularly highlighting the rushed six-hour ultimatum given to teams in September 2024 to sign a 112-page charter extension. Jordan and Front Row Motorsports declined to sign, citing unfavorable terms and financial disadvantages. He underscored the need for a more balanced, partnership-oriented approach to ensure the sport’s long-term sustainability and competitiveness.
Team Perspectives
Veteran NASCAR driver and 23XI Racing co-owner Denny Hamlin also testified, likening NASCAR’s current charter system to a “death certificate” for race teams. Hamlin and Front Row Motorsports owner Bob Jenkins refused to renew their charters, unlike 13 other Cup Series teams. They allege that NASCAR employs anti-competitive tactics to pressure teams into submission. Hamlin emphasized the lack of long-term viability offered by the current system and the necessity for teams to have influence over costly decisions.
Background Context
The lawsuit centers on NASCAR’s control over charter agreements—licenses that guarantee race participation and revenue. In September 2024, NASCAR offered new multi-year charter agreements to 15 teams, with 13 accepting. However, 23XI Racing and Front Row Motorsports declined, arguing that the terms fell short of what teams needed for financial stability and long-term growth. This legal action underscores the growing tension between NASCAR’s governing body and team owners over revenue distribution and operational autonomy within the sport.
Implications for the Sport
The outcome of this trial could lead to significant structural changes within NASCAR, potentially dismantling its current operations or forcing asset sales. The case highlights the need for a more equitable revenue-sharing model and greater autonomy for teams, aiming to foster a more competitive and sustainable environment in the sport.
Recent Developments
In related news, 23XI Racing has confirmed a major partnership with Upper Deck, a leading sports and entertainment collectibles brand. This collaboration aims to create exclusive trading cards and memorabilia, highlighting the team’s achievements in the sport. Additionally, Prime Video has joined Hendrick Motorsports as a primary sponsor for driver Chase Elliott and his No. 9 team through 2027. This partnership includes three primary races annually, complemented by full-season associate sponsorship, marking a significant expansion of Prime Video’s involvement in NASCAR.
These developments reflect the evolving landscape of NASCAR, with increased corporate partnerships and ongoing legal challenges shaping the future of the sport.
FAQ
What is the current issue with NASCAR’s charter system?
The current charter system has been criticized for lacking fairness and transparency, with teams like 23XI Racing and Front Row Motorsports arguing that it imposes financial disadvantages and operational constraints.
What is Michael Jordan’s stance on NASCAR’s charter system?
Michael Jordan advocates for a partnership model similar to the NBA, emphasizing the need for a more balanced and transparent revenue-sharing system to ensure the sport’s long-term sustainability and competitiveness.
What are the potential implications of the ongoing antitrust trial?
The trial could lead to significant structural changes within NASCAR, potentially dismantling its current operations or forcing asset sales, aiming to establish a more equitable and sustainable environment for teams.
Key Features
| Feature | Description |
|---|---|
| Michael Jordan’s Testimony | Jordan criticized NASCAR’s charter system, advocating for a partnership model similar to that of the NBA. |
| Team Perspectives | Denny Hamlin likened the current system to a “death certificate” for race teams, highlighting financial challenges. |
| Background Context | The lawsuit centers on NASCAR’s control over charter agreements, with teams seeking more autonomy and equitable revenue distribution. |
| Implications for the Sport | The trial could lead to significant structural changes within NASCAR, aiming to establish a more equitable and sustainable environment for teams. |
| Recent Developments | 23XI Racing partnered with Upper Deck for exclusive memorabilia, and Prime Video joined Hendrick Motorsports as a primary sponsor for Chase Elliott. |
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