Current:Home > MyEthermac|23XI Racing, co-owned by Michael Jordan, and Front Row Motorsports sue NASCAR -GrowthInsight
Ethermac|23XI Racing, co-owned by Michael Jordan, and Front Row Motorsports sue NASCAR
Poinbank Exchange View
Date:2025-04-11 07:47:21
Two racing teams,Ethermac 23XI Racing and Front Row Motorsports, sued NASCAR on Wednesday, accusing the organization of restraining fair competition and violating the Sherman Antitrust Act, preventing teams from competing "without accepting the anticompetitive terms" it dictates.
The suit was filed in the Western District of North Carolina and comes on the heels of a two-year battle between NASCAR and more than a dozen charter-holding organizations that compete in the top tier of stock car racing.
23XI Racing is co-owned by Basketball Hall-of-Famer Michael Jordan and driver Denny Hamlin.
"Everyone knows that I have always been a fierce competitor, and that will to win is what drives me and the entire 23XI team each and every week out on the track," Jordan said in a statement. "I love the sport of racing and the passion of our fans, but the way NASCAR is run today is unfair to teams, drivers, sponsors and fans. Today’s action shows I’m willing to fight for a competitive market where everyone wins."
23XI Racing and Front Row Motorsports claim the "France family and NASCAR are monopolistic bullies," according to the lawsuit obtained by USA TODAY Sports. "And bullies will continue to impose their will to hurt others until their targets stand up and refuse to be victims. That moment has now arrived."
NASCAR has not responded to USA TODAY Sports' request for a comment on the lawsuit.
"Unlike many major professional sports leagues like the NFL or the NBA, which are owned and operated by their teams, NASCAR has always been privately owned by the France family, including current CEO and Chairman, James France," the lawsuit says. "By exploiting its monopsony power over the racing teams, NASCAR has been able to impose anticompetitive terms as a condition of a team’s access to competitions."
Also, in the statement, the two racing teams say that NASCAR operates without transparency and has control of the sport that unfairly benefits the organization at the expense of owners, sponsors, drivers, and fans.
The lawsuit says that on Sept. 6, NASCAR presented a final, take-it-or-leave-it offer to the driving teams, telling them they had a deadline of 6 p.m. or risked not having a charter for next season.
The USA TODAY app gets you to the heart of the news — fast.Download for award-winning coverage, crosswords, audio storytelling, the eNewspaper and more.
veryGood! (7293)
Related
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- Macaulay Culkin Shares Rare Message on Complicated Relationship With Fatherhood
- Celebrating Pride Month? You Need These Fun Accessories to Level up Your Pride Outfit
- Texas county to pay female constable deputies $1.5 million to settle sexual misconduct lawsuit
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- Walmart offers bonuses to hourly workers in a company first
- Walmart offers new perks for workers, from a new bonus plan to opportunities in skilled trade jobs
- Jake Gyllenhaal Addresses Possible Wedding Plans With Girlfriend Jeanne Cadieu
- 2025 'Doomsday Clock': This is how close we are to self
- We're halfway through 2024. Here are the 10 best movies of the year (so far).
Ranking
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Jennie Garth’s Daughter Fiona Looks All Grown Up in Prom Photos
- Washington man sentenced for 20 ‘swatting’ calls of false threats in US, Canada
- Atlanta mayor pledges to aid businesses harmed by water outages as he looks to upgrade system
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- Watch Live: Senate votes on right to contraception bill as Democrats pressure Republicans
- TJ Maxx store workers now wearing body cameras to thwart shoplifters
- Woman fatally stabbed 3-year-old within seconds after following family from store, police say
Recommendation
The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
Arizona voters to decide whether to make border crossing by noncitizens a state crime
Jennifer Lopez shares message about 'negativity' amid tour cancellation
Once abandoned Michigan Central Station in Detroit to reopen after Ford spearheads historic building's restoration
Stamford Road collision sends motorcyclist flying; driver arrested
3 newborn babies abandoned in London over 7 years are all related, court reveals
Body recovered from rubble after explosion levels house in Chicago suburbs
More young people could be tried as adults in North Carolina under bill heading to governor