Charlotte, North Carolina
AP
—
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 for its teams.
The lawsuit filed by Michael Jordan’s 23XI Racing and Front Row Motorsports had shadowed NASCAR for more than a year. The retired NBA great pushed ahead, telling the jury he felt he was one of the few who could challenge the series.
Jordan, 23XI co-owner Denny Hamlin and Front Row owner Bob Jenkins joined NASCAR Chairman Jim France as they stood together outside the courthouse. The group announced that that charters — at the…
