Both plaintiffs have earned major accolades in American stock car racing. Front Row has two full-time cars competing in the NASCAR Cup Series, including one driven by the 2021 Daytona 500 winner ...

Therefore, NASCAR fully controls which race teams can compete at the highest level of stock car racing – effectively, it has a 100% market share.” That checks off one box for 23XI and Front Row.

"We share a passion for racing, the thrill of competition and winning," 23XI and Front Row said in a statement. "Off the race track, we share a belief that change is necessary for the sport we love.

The suit argues NASCAR violated the Sherman Antitrust Act by preventing any stock car racing team from competing on the circuit “without accepting the anticompetitive terms” it imposes.

American former professional basketball player Michael Jordan, center, gestures as he attends the Champions League opening phase soccer match between Monaco and Barcelona at the Louis II stadium ...

The suit argues NASCAR violated the Sherman Antitrust Act by preventing any stock car racing team from competing on the circuit “without accepting the anticompetitive terms” it imposes.

“Stock car racing teams can only compete at the top-tier level in the United States if they agree to NASCAR’s anticompetitive terms,” according to the allegations in the complaint.

But 23XI Racing, the team co-owned by Jordan and veteran driver Denny Hamlin, and the smaller Front Row team refused to sign. They hired Jeffrey Kessler, a top antitrust attorney who has ...

Michael Jordan's 23XI Racing, second team sue NASCAR over revenue sharing October 2, 2024 at 6:30 p.m. by JENNA FRYER / The Associated Press ...

FILE - 23XI Racing co-owner Michael Jordan stands in the pit area during a NASCAR Cup Series auto race at Talladega Superspeedway, Sunday, April 21, 2024, in Talladega. Ala.