Sports Business and Antitrust

NASCAR reached a settlement with 23XI Racing and Front Row Motorsports during the antitrust trial, agreeing to make Cup Series team charters permanent and to return charters to the two teams after they raced without them for much of 2025; terms were not disclosed. The deal followed testimony from Michael Jordan and others criticizing NASCAR’s contested Sept. 2024 charter extensions — which Jordan called economically unviable, containing a no‑sue clause and presented as an ultimatum — and was hailed by the judge and plaintiffs’ attorney as beneficial to the sport.