Michael Jordan testifies in his racing team's antitrust suit against NASCAR. Here's how it came to this
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Michael Jordan testifies in his racing team's antitrust suit against NASCAR. Here's how it came to this
""Someone had to step forward and challenge the entity," Jordan told the jury on Friday. "I sat in those meetings with longtime owners who were brow-beaten for so many years trying to make change. I was a new person, I wasn't afraid. I felt I could challenge NASCAR as a whole. I felt as far as the sport, it needed to be looked at from a different view.""
"23XI and Front Row are represented by top antitrust attorney Jeffrey Kessler, who helped NCAA athletes win cases that ushered in college sports' NIL era and helped U.S. national women's soccer players secure a landmark equal pay settlement. "The France family and NASCAR are monopolistic bullies," the complaint states. "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.""
Michael Jordan took the stand in a Charlotte courtroom in an antitrust lawsuit against NASCAR. Jordan co-owns 23XI Racing with Denny Hamlin and Curtis Polk and is a plaintiff alongside Front Row Motorsports, owned by Bob Jenkins. The lawsuit, filed Oct. 2, 2024, targets NASCAR's revenue-sharing model and the private ownership by the France family. 23XI and Front Row were the only charter teams that did not sign a new agreement in September 2024 after two years of negotiations. Jeffrey Kessler represents the teams. The complaint calls NASCAR and the France family monopolistic and seeks to change revenue and governance practices.
Read at Los Angeles Times
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