Michael Jordan Takes on NASCAR: Antitrust Trial Reveals a David vs. Goliath Battle
Retired NBA legend Michael Jordan testified in the NASCAR antitrust case, sharing his perspective as co-owner of 23XI Racing. Jordan, a longtime fan of the sport, expressed his belief that a lawsuit was necessary to challenge a business model he perceived as unfavorable to teams and drivers. He cited concerns about the economic viability of the charter system, the lack of negotiation from NASCAR, and the ultimatum presented to teams regarding charter extensions. Jordan highlighted issues with the revenue split and the absence of a shared responsibility for growth and loss, drawing comparisons to the NBA’s business model.
John Q. Hosedrinker