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\t\t\t\t\t\t\t\t\t\t\t\tby Cedric ‘BIG CED’ Thornton <\/a><\/p>\n December 12, 2025<\/p>\n Terms of the settlement were not disclosed<\/p>\n NBA Hall of Famer Michael Jordan has made strides since joining NASCAR and, after filing a lawsuit against the racing giant, emerged victorious, along with another team, to gain permanent charters for all teams involved in the league.<\/p>\n According to The Associated Press, after Jordan and Denny Hamlin, co-owners of 23XI Racing and Front Row Motorsports (FRM), owned by Bob Jenkins,\u00a0filed an antitrust lawsuit<\/a> against NASCAR, stating that the league used anticompetitive practices<\/a> to prevent fair competition in the sport, the sides agreed to a settlement to end the legal fight.<\/p>\n \u201cLike two competitors, obviously we tried to get as much done in each other\u2019s favor,\u201d Jordan said after the trial, while standing with his former nemesis, NASCAR chairman Jim France.<\/p>\n \u201cI\u2019ve said this from Day 1: The only way this sport is going to grow is we have to find some synergy between the two entities. I think we\u2019ve gotten to that point, unfortunately it took 16 months to get here, but I think level heads have gotten us to this point where we can actually work together and grow this sport. I am very proud about that and I think Jim feels the same.\u201d<\/p>\n Terms of the settlement were not released, but the two teams were seeking a large monetary sum from NASCAR to cover their legal fees, the financial losses they suffered this year from not being chartered, and to make the charters permanent.<\/p>\n France responded after the trial by agreeing with Jordan to get back on track.<\/p>\n \u201cI do feel the same and we can get back to focusing on what we really love, and that\u2019s racing, and we spent a lot of time not really focused on that so much as we needed to be,\u201d France said. \u201cI feel like we made a very good decision here together and we have a big opportunity to continue growing the sport.\u201d<\/p>\n The case was about what the two teams viewed as a monopoly held by the race car organization<\/a>. They opposed NASCAR controlling all aspects of the business, including buying the racetracks that host its races and allegedly requiring teams to purchase supplies from single-source suppliers selected by the league. Another point of contention is the prohibition on teams competing in other stock-car races.<\/p>\n The Associated Press reported that the charter system, which started in 2016<\/a>, is the league\u2019s version of the franchise model used by most professional sports leagues. The charter guarantees a team a place in the 40-car field for all 38 races and a defined share of the weekly purse.<\/p>\n NASCAR was scheduling a call with all teams to discuss<\/a> the revenue-sharing model moving forward.<\/p>\n