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23XI Racing Demands $364M from NASCAR in Antitrust Battle

12/22/2025

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Summary

Story summary

In a current antitrust trial, 23XI Racing, Michael Jordan's team, seeks $364.7 million in damages from NASCAR over alleged unfair revenue-sharing.
Economist Edward Snyder testified that NASCAR operates as a monopoly, limiting teams' bargaining and forcing unfavorable agreements.
Snyder calculated damages of $215.8 million for 23XI Racing and $148.9 million for Front Row Motorsports.
Jordan publicly confronted a journalist over perceived bias in coverage.

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Story summary

In a current antitrust trial, 23XI Racing, Michael Jordan's team, seeks $364.7 million in damages from NASCAR over alleged unfair revenue-sharing.
Economist Edward Snyder testified that NASCAR operates as a monopoly, limiting teams' bargaining and forcing unfavorable agreements.
Snyder calculated damages of $215.8 million for 23XI Racing and $148.9 million for Front Row Motorsports.
Jordan publicly confronted a journalist over perceived bias in coverage.