Ever since the NASCAR season ended, the next big thing for everyone in the community was the sport’s trial. More than a year after 23XI Racing and Front Row Motorsports filed a lawsuit against NASCAR, both parties are finally about to head to trial after failing to settle things out of court.

Amidst the heated courtroom drama, much of the data presented in court has made its way to social media, revealing several unflattering aspects of the business. It also provided a glimpse into the finances of NBA legend and 23XI Racing co-owner Michael Jordan, who has spent a fortune on the legal battle.

Michael Jordan’s Financial Involvement In 23XI Racing’s Legal Battle

While this is not the first time NASCAR has found itself in the midst of legal drama, it has seldom reached this magnitude. As for the teams, competing against NASCAR was going to be a tough fight, both emotionally and financially. Thankfully, though, Jordan and Co. have deep pockets, with the NBA icons being the deepest.

In the latest data presented in court, the finances of 23XI Racing were revealed. According to the insider financial tea spilled by motorsports journalist Bob Pockrass on social media, for the SHR charter that 23XI Racing purchased, Jordan agreed to pay 60% of the amount. At the same time, Hamlin vouched to contribute the rest.

As for the Airpeed HQ, 23XI Racing’s shop unveiled in 2024, Jordan and Hamlin decided to split the costs equally. However, for Hamlin’s share, Jordan initially fronted him the cheque, and the No. 11 driver agreed to pay back the amount monthly.

Regarding the legal fees, the trial against NASCAR was going to be anything but inexpensive, and the teams were aware of this. However, Jordan and Hamlin were prepared for that. To cover the legal costs of the case, Jordan decided to give the team a loan.

When Brett Griffin, an accomplished spotter in the sport, came across Pockrass’s insights, he backed Jordan and wrote:

“The rumor MJ has no skin in the game and only using his name is dead. The messages I’ve seen about owners, drivers and fans are fuckin disgusting. I’m a redneck and I’m proud of it.”

With more transparency into Jordan’s finances in association with the case, any questions about his real involvement in the case will now lose credibility.

Jordan And Denny Hamlin’s Expensive Trial Against NASCAR

Although Jordan and Hamlin have often split the costs nearly equally to cover various team expenses, their net worths are far from equal.

Jordan, through his many business ventures, partnerships, and endorsements, has made a multi-billion-dollar empire, which is currently valued at approximately $4 billion. Hamlin, on the other hand, has a net worth of $65 million as one of the top drivers in NASCAR.

Even the charter purchased by the team in 2024 from Tony Stewart and Gene Haas’ Stewart-Haas Racing cost the team $28 million. Both parties had agreed that the total transaction would be divided into four payments of $7 million each.

With the trial right around he corner, both 23XI Racing and Front Row Motorsports have spent a fortune in the legal battle. Now it remains to be seen if their efforts yield any fruitful results or if it will be yet another legal victory for NASCAR.