NASCAR and two race teams settled an antitrust lawsuit, ending a nine-day trial. As part of the agreement, NASCAR will grant teams permanent "evergreen" charters. The teams got their “forever ...
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.
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 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 ...
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 ...
MOORESVILLE, N.C. -- Michael Annett, a former race car 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, ...
NBA legend Michael Jordan testified in his antitrust lawsuit against NASCAR on Friday, revealing why he decided to take legal action against the sport he says he grew up a fan of. "Someone had to step ...
CHARLOTTE, N.C. — NASCAR’s management structure is unfair to its teams and drivers, with money and power in the hands of people who don’t risk life and limb on the oval, basketball legend Michael ...
CHARLOTTE, N.C. -- Retired NBA great Michael Jordan took the stand in the landmark NASCAR antitrust case and testified Friday that he has been a fan of the stock car series since he was a child but ...
Forbes contributors publish independent expert analyses and insights. I have been chasing race cars since the first Michigan 500 in 1981. NASCAR President Steve O’Donnell, one of the top executives of ...