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NASCAR, 23XI Racing and Front Row Motorsports reach settlement in antitrust lawsuit

Charles R. Jonas Federal Building & U.S. Courthouse, located at 401 West Trade.
Palmer Magri
/
WFAE
Charles R. Jonas Federal Building & U.S. Courthouse, located at 401 West Trade.

After a trial lasting almost two weeks, NASCAR Cup Series teams 23XI Racing and Front Row Motorsports have agreed to settle an antitrust lawsuit against NASCAR.

Court was dismissed Thursday morning in uptown Charlotte after the teams reached a deal at the federal courthouse. The settlement ends a yearlong legal battle between the stock car sanctioning body and the two teams.

NASCAR said in a statement that one of the conditions of the settlement is that the sanctioning body will issue an amendment to include a form of evergreen charters for all teams. That will allow teams to have permanent race entries and revenue share.

Despite the legal battle, 23XI co-owner Michael Jordan said in statement it was about improving the sport.

"From the beginning, this lawsuit was about progress. It was about making sure our sport evolves in a way that supports everyone: teams, drivers, partners, employees and fans," Jordan said. "With a foundation to build equity and invest in the future and a stronger voice in the decisions ahead, we now have the chance to grow together and make the sport even better for generations to come. I’m excited to watch our teams get back on the track and compete hard in 2026."

NASCAR officials said in a statement that the financial terms of the settlement will not be released.

Kenny is a Maryland native who began his career in media as a sportswriter at Tuskegee University, covering SIAC sports working for the athletic department and as a sports correspondent for the Tuskegee Campus Digest. Following his time at Tuskegee, he was accepted to the NASCAR Diversity Internship Program as a Marketing Intern for The NASCAR Foundation in Daytona Beach, Florida in 2017.