- Biden official says port strike deal not as far as parties think
- Knicks get Towns from T-wolves for Randle in major NBA deal
- Leicester coach Cheika handed ban for 'disrespecting' doctor
- Jewish pilgrims journey to Ukraine, from one war to another
- Mexico's new president offers apology for 1968 student massacre
- Man Utd start no cause to 'panic' says under-fire Ten Hag
- Historic funding round values OpenAI at $157 billion
- More own goal agony as Girona tumble against Feyenoord
- South Africa trounce Ireland by 139 runs in first ODI
- Biden, Harris travel to areas slammed by 'historic' Hurricane Helene
- Mixed US car sales in Q3 as industry hopes for post-election bounce
- Spurs star Maddison eyes return to England squad
- Eight Israel soldiers dead as Hezbollah claims to repel incursion
- French luxury goods giant LVMH in F1 sponsorship deal
- Juve's injury-hit Milik undergoes more knee surgery
- Pochettino gives chance to USA squad to prove their worth
- NBA legend Jordan files anti-trust lawsuit against NASCAR
- Bridgestone latest Japanese firm to end Olympics sponsorship
- Thunderstorms are a 'boiling pot' of gamma rays, scientists find
- McIlroy hopeful golf's civil war will be over by end of 2024
- Oil prices pare strong gains, stocks waver on Middle East worries
- Buttler returns as England captain for West Indies tour
- Biden, Harris travel to areas hit hard by Hurricane Helene
- First deaths as Israeli ground forces clash with Hezbollah
- Macron backs Chinese EV tariffs as Scholz calls for dialogue
- Study reveals long-term death toll of cyclones as world battered
- Scientists unlock secret of 'Girl With Pearl Earring'
- Dolphins flash friendly grins when they're ready to play
- Russia opens 'extremist' trial of four independent journalists
- Alcaraz 'got the joy back' after dramatic Beijing title win
- How will Israel react to Iranian missile attack?
- British jets 'played their part' in defending Israel: UK
- Carter beloved in hometown, but many voting for Trump
- Oil prices rise further, stocks waver on Middle East worries
- Facing backlash, EU moves to delay deforestation rules
- US private sector adds more jobs than expected in September: ADP
- Israel, Hezbollah in deadly fighting on Lebanon border
- Boys out of critical condition after Zurich stabbings
- EU queries Snapchat, TikTok, YouTube over 'harmful' content risks
- Battling Alcaraz outlasts Sinner in thriller to win China Open
- Barca lure goalkeeper Szczesny out of retirement
- Blasts, shooting around Israeli embassies in Nordic capitals
- Spain logs record summer tourism as inflow draws protests
- Hedi Slimane quits as Celine's artistic director
- Oil prices extend rally on Iran attack
- Britain's Starmer in Brussels to flesh out EU 'reset' pledge
- Pope opens new debates on Catholic Church future
- Ukraine withdraws from eastern town of Vugledar
- Weeping families mourn Thai school bus crash victims
- Pride and fear in Iran after missile attack on Israel
RBGPF | -2.18% | 59.5 | $ | |
RYCEF | -0.43% | 6.9 | $ | |
CMSC | 0.04% | 24.78 | $ | |
GSK | -2.15% | 39.45 | $ | |
VOD | -2.16% | 9.74 | $ | |
NGG | -1.85% | 68.78 | $ | |
RIO | -0.48% | 70.82 | $ | |
RELX | -0.11% | 47.29 | $ | |
AZN | 1.14% | 79.58 | $ | |
BTI | -1.33% | 35.97 | $ | |
SCS | -2.56% | 12.87 | $ | |
CMSD | -0.04% | 24.93 | $ | |
BCC | -1.33% | 139.53 | $ | |
JRI | -1.12% | 13.38 | $ | |
BP | 0.86% | 32.37 | $ | |
BCE | -1.13% | 34.44 | $ |
NBA legend Jordan files anti-trust lawsuit against NASCAR
An auto racing team co-owned by NBA legend Michael Jordan filed an anti-trust lawsuit on Wednesday against the National Association for Stock Car Auto Racing (NASCAR) and its chief executive Jim France.
The legal fight in the most popular form of US auto racing had six-time NBA champion Jordan's 23XI Racing and Front Row Motorsports jointly filing against France and NASCAR in the Western District of North Carolina at Charlotte, where former Chicago Bulls star Jordan, 61, is a part-owner of the NBA's Charlotte Hornets.
"Everyone knows that I have always been a fierce competitor and that will to win is what drives me and the entire 23XI team each and every week out on the track," Jordan said in a statement.
"I love the sport of racing and the passion of our fans, but the way NASCAR is run today is unfair to teams, drivers, sponsors, and fans.
"Today's action shows I'm willing to fight for a competitive market where everyone wins."
The suit argues the closed-cockpit stock car racing circuit and its leaders have used anti-competitive practices to prevent fair competition.
"We share a passion for racing, the thrill of competition, and winning. Off the racetrack, we share a belief that change is necessary for the sport we love," the teams said in a joint statement.
"Together, we brought this anti-trust case so that racing can thrive and become a more competitive and fair sport in ways that will benefit teams, drivers, sponsors, and, most importantly, fans."
According to the lawsuit, NASCAR and the France family operate without transparency, stifle competition, and control the sport of stock car racing in ways that unfairly benefit them at the expense of team owners, drivers, sponsors, partners and fans.
The teams accuse NASCAR of such anti-competitive practices as buying most of the top racetracks exclusive to NASCAR races, imposing exclusivity deals on NASCAR-sanctioned tracks, acquiring stock car competitor Automobile Racing Club of America (ARCA), preventing teams from participating in other stock car races and forcing teams to buy their parts from single-source suppliers chosen by NASCAR.
"No other major professional sport in North America is run by a single family that enriches themselves through these kinds of unchecked monopolistic practices," the teams said in a statement.
- 'The only way' -
Front Row and 23XI did not sign recently updated NASCAR charter agreements, claiming the terms were unfair to teams.
"After more than two years of attempted negotiations over the 2025 agreements, during which NASCAR continually stonewalled and refused to engage constructively, we concluded that litigation was the only way to address the anti-competitive practices of NASCAR and the France family," the teams said.
The teams plan to file a preliminary injunction to allow the teams to race in NASCAR next year while pursuing anti-trust litigation.
Denny Hamlin, a 54-time NASCAR winner as a driver and a part-owner of 23XI Racing, said not all teams share fairly in NASCAR's success.
"Everyone who invests in making the sport a success should share fairly in that success," Hamlin said. "With the right changes we can certainly make that a reality in racing."
B.Finley--AMWN