NASCAR commissioner Steve Phelps, testifying in the racing series' federal antitrust trial, described negotiation attempts with 23XI Racing owner Michael Jordan as frustrating.
An economist testified in Michael Jordan's federal antitrust trial against NASCAR that the racing series owes a combined $364.7 million in damages to the two teams suing it over a revenue-sharing dispute.
Retired NBA great Michael Jordan testified Friday at the NASCAR antitrust trial that "someone had to step forward and challenge the entity" over its current business model.
The attorney for the two teams suing NASCAR portrayed series chairman Jim France as "a brick wall" in negotiations over the new revenue-sharing model that has triggered the Michael Jordan-backed federal ...
Front Row Motorsports owner Bob Jenkins testified Wednesday that NASCAR sent its offer on a new charter agreement with a deadline of mere hours, claiming they "knew we had to blindly sign it."
Denny Hamlin returned to the stand Tuesday in the federal antitrust trial against NASCAR, saying that if his 23XI Racing team agreed to the race series' charter proposal last fall it would have been like signing his own "death certificate."