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CHARLOTTE, NORTH CAROLINA – DECEMBER 1: Michael Jordan, co-owner of 23XI Racing, departs the Charles R Jonas Federal Building on December 1, 2025 in Charlotte, North Carolina. Jury selection and an opening statement began an antitrust lawsuit filed by Jordan’s 23XI Racing team against NASCAR. (Photo by Grant Baldwin/Getty Images)
NASCAR’s settlement with 23XI Racing and Front Row Motorsports has been welcomed by top team owners Rick Hendrick and Roger Penske, who say the deal marks a major step toward a more united future.
The agreement ends the antitrust lawsuit that began in October 2024 and had created a steady strain across the sport. By granting permanent “evergreen” charters to all teams, the settlement gives organizations long-term stability as they prepare for the 2026 season and the Daytona 500 on February 15.
With the case closed after a nine-day trial and mediation, leaders across the industry say the focus can now return to growth, cooperation, and the coming racing year.
Hendrick, Penske, and Key Stakeholders Respond
Rick Hendrick said the agreement brings stability at the perfect moment for the industry. “Millions of loyal NASCAR fans and thousands of hardworking people rely on our industry, and today’s resolution allows all of us to focus on what truly matters, the future of our sport,” he said. Hendrick added that the sport can now “strengthen our relationships and recommit ourselves to building a collaborative and prosperous future for all stakeholders.”
Roger Penske offered similar praise. “Today’s settlement is tremendous news for the industry, Penske said.” He noted that teams are “stronger together as a sport” and that the deal “provides the entire industry with a platform that strengthens our business and allows us to continue to entertain our millions of passionate fans in a unified way.”
Michael Jordan said the reason for taking legal action was always tied to improvement. “From the beginning, this lawsuit was about progress… With a foundation to build equity and invest in the future, we now have the chance to grow together. Hamlin added that they fought for a stronger and more sustainable future for everyone in the industry.”
Bob Jenkins of Front Row Motorsports said, “Today gives me real confidence in where we’re headed… I’m excited for the road ahead.” Curtis Polk, part of the negotiating group, said the results meet long-term goals tied to fairness and stability.
How the Lawsuit Started and What the Settlement Includes
The case began when 23XI Racing and Front Row Motorsports argued that NASCAR’s charter structure and revenue-sharing system limited fair competition and team growth. NASCAR denied the claims, saying the charter system had been voluntary and helped strengthen teams since its start in 2016.
A federal trial opened on December 1, 2025, in North Carolina and lasted nine days before all parties chose mediation. The final agreement updates every team charter to include permanent or “evergreen” terms if both sides agree. Financial details were not released.
In a shared statement, NASCAR, 23XI Racing, and Front Row Motorsports said the resolution “reflects our shared commitment to maintaining a fair and equitable framework for long-term participation in America’s premier motorsport.” NASCAR Chairman Jim France said the charter system has been “invaluable” and that the new terms increase its strength for teams and fans.
What This Means for NASCAR’s Direction
NASCAR settlement removes the risk of disruptions as teams prepare for the 2026 season. Stable charters are expected to attract more investment and give owners confidence to plan long-term. Industry analysts note that NASCAR’s growth has already sped up through stronger media deals, more global interest, and broader team ownership.
With the lawsuit now closed, the sport can focus on improving fan events, developing new car technology, and building stronger business partnerships. As NASCAR moves toward 2026, the industry enters the new season with clearer rules, a united direction, and momentum for continued growth.
Dogli Wilberforce is a sports writer who covers NASCAR, Formula 1 and IndyCar Series for Heavy Sports. With bylines at Total Apex Sports and Last Word on Sports, Wilberforce has built a reputation for delivering timely, engaging coverage that blends sharp analysis with accessible storytelling. Wilberforce has covered everything from major football transfers to fight-night drama, bringing readers the insight and context behind the headlines. More about Dogli Wilberforce
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