Michael Jordan’s 23XI And A 2nd Team Sue NASCAR Over Revenue Sharing Model

CHARLOTTE, N.C. (AP) — Two NASCAR teams — one of them owned by Michael Jordan — filed a federal antitrust lawsuit against the stock car series and chairman Jim France on Wednesday, claiming the new charter system limits competition by unfairly binding teams to the series, its tracks and its suppliers. 23XI Racing and Front Row Motorsports filed suit in the Western District of North Carolina in Charlotte after two years of contentious