BREAKING NEWS: MICHAEL JORDAN FILES ANTITRUST LAWSUIT AGAINST NASCAR

In May, NBA Hall of Famer Michael Jordan (owner of 23XI Racing) darned NASCAR that the way they run the business is unfair for car owners and that the “sport’s going to die” if it did not change its business practices and have a “good partnership.” Jordan has now filed an antitrust lawsuit with another car owner, Front Row Motorsports, against NASCAR and CEO Jim France, stating that it has used anticompetitive practices to prevent fair competition in the sport.

According to CNBC, the lawsuit alleges that NASCAR and France operate without transparency and in such a way that it doesn’t benefit team owners, drivers, sponsors, partners, and fans.

“Together, we brought this antitrust case so that racing can thrive and become a more competitive and fair sport in ways that will benefit teams, drivers, sponsors, and, most importantly, fans,” 23XI Racing and Front Row Motorsports said in a joint statement.

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