A settlement has been reached in the legal battle between NASCAR and two race teams over antitrust allegations, with Michael Jordan’s 23XI Racing and Front Row Motorsports securing what they’d been pushing for all along: permanent charters, which is NASCAR’s version of franchises.
Jeffrey Kessler, the attorney representing 23XI Racing, owned by basketball icon Michael Jordan and longtime racer Denny Hamlin, and Front Row Motorsports, announced the settlement ahead of Thursday’s proceedings.
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