Arya News - The settlement comes after NASCAR CEO Jim France testified the past two days.
The trial between Michael Jordan’s 23XI Racing and NASCAR is over.
Jeffrey Kessler, the attorney representing 23XI Racing and Front Row Motorsports in the teams’ anti-trust lawsuit against NASCAR, told Judge Kenneth Bell that the parties had reached a settlement “in a way that will benefit the industry going forward.”
The trial was in its second week and the settlement comes as NASCAR was in the midst of its portion of the proceedings. NASCAR CEO Jim France had been on the stand on Tuesday and Wednesday.
Terms of the settlement have not been announced.
23XI and Front Row were the only two teams to not sign the charter agreement that NASCAR presented to its teams in the fall of 2024. The charter agreement is NASCAR"s version of franchising and guarantees 36 teams entry into every race of the season and a larger share of purse money than "open" teams.
The old charter agreement expired at the end of the 2024 season in concurrence with NASCAR"s previous media rights deal. 23XI and Front Row raced as open teams for much of the 2025 season after various court rulings but were never in danger of missing a race thanks to the number of cars attempting to qualify each week.
The two teams accused NASCAR of monopolistic behavior as NASCAR gave teams just hours to sign its final charter offer in September of 2024. Jordan said on the stand that he had been advised by attorneys not to sign the charter agreement and that it could be in violation of anti-trust laws. The charter agreement included a non-disparagement clause that teams needed to agree to.
23XI Racing is one of NASCAR"s newest Cup Series teams. The team, co-owned by Jordan, his longtime business manager Curtis Polk and current Cup Series driver Denny Hamlin, began in 2021 with Bubba Wallace and has since expanded to a three-car team.
Front Row Motorsports is also a three-car team and has fielded cars in the Cup Series since 2005.
This story will be updated.