NASCAR’s charter system has shaped how teams compete and do business in the Cup Series since 2016. Built to give teams stability and predictable income, the model guarantees race entry and shares ...

AI-generated summary reviewed by our newsroom. Read our AI Policy. Michael Jordan and his co-plaintiffs secured permanent charters for all NASCAR race teams. Settlement came mid-trial, after eight ...

NASCAR reached a settlement Thursday of the bruising antitrust lawsuit filed against the stock car series by two of its race teams, including one co-owned by NBA great Michael Jordan. "Today's a good ...

NASCAR and Michael Jordan's racing team, 23XI, have settled an antitrust lawsuit. On Thursday, the parties reached an agreement over NASCAR's alleged monopoly on U.S. premier stock car racing.

CHARLOTTE, N.C. — NASCAR reached a settlement Thursday of the bruising antitrust lawsuit filed against the stock car series by two of its race teams, including one co-owned by NBA great Michael Jordan ...

The NASCAR antitrust trial has ended without an official winner. And without an official loser either. Michael Jordan and the other plaintiffs settled with the sanctioning body of stock car racing, ...

Michael Jordan, co-owner of 23XI Racing, called it a "good day" after the sides settled the lawsuit that was first filed last year. Grant Baldwin / Getty Images CHARLOTTE, N.C. — The courtroom that ...

Michael Jordan and Denny Hamlin's 23XI Racing brought the lawsuit, along with Bob Jenkins' Front Row Motorsports. Jeff Robinson / Icon Sportswire via Getty Images CHARLOTTE, N.C. — NASCAR and the two ...

A federal antitrust case accusing NASCAR of being a monopolistic bully was settled Thursday after the stock car racing series agreed to make the charters at the heart of its business model permanent ...

CHARLOTTE, N.C. — The first person the jurors likely see as they walk to their seats each day in the biggest NASCAR trial ever is Michael Jordan. They haven’t just seen him. They have heard from the ...

Forbes contributors publish independent expert analyses and insights. I have been chasing race cars since the first Michigan 500 in 1981. NASCAR Commissioner Steve Phelps’ testimony was the highlight ...

Michael Annett, a former racecar driver who made 436 combined starts in NASCAR's three national touring series, has died. He was 39. JR Motorsports, one of Annett's former teams, posted the news on ...