Field Level Media
21 Oct 2025, 06:10 GMT+10
(Photo credit: Christopher Hanewinckel-Imagn Images)
Before NASCAR, 23XI Racing and Front Row Motorsports go to trial to adjudicate the antitrust lawsuit filed against NASCAR by the racing teams, the three parties are going to try mediation using the same man -- U.S. District Judge Kenneth D. Bell -- assigned to the December trial.
Bell will oversee mediation proceedings that begin Tuesday morning in Charlotte, N.C.'s federal courthouse, according to reports.
At issue are NASCAR's charter agreements created in 2016 and updated prior to the 2025 season.
The owners of the 23XI Racing team (led by basketball legend Michael Jordan and NASCAR driver Denny Hamlin) and the owner of Front Row Motorsports (Robert 'Bob' Jenkins) refused to sign the 2025 charter and, instead, sued NASCAR and the France family for anti-competitive practices that include the implementation of the charter system.
NASCAR charters are somewhat akin to an NBA, NFL or NBA franchise. Having one of NASCAR's 36 charters gives a team license to run in every race, but charters are not nearly as valuable as franchises in other sports.
When 23XI Racing and Front Row Motorsports filed their antitrust lawsuit in Oct. 2024, Jenkins offered this statement:
'I have been part of this racing community for 20 years and couldn't be more proud of the Front Row Motorsports team and our success. But the time has come for change. We need a more competitive and fair system where teams, drivers, and sponsors can be rewarded for our collective investment by building long-term enterprise value, just like every other successful professional sports league.'
Both sides also will take part in a summary judgment hearing on Thursday. Depending on how arguments go this week, the parties might not find a path toward settling their differences before the Dec. 1 trial begins.
--Field Level Media
Get a daily dose of Greek Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Greek Herald.
More InformationAn unidentified object broke the windscreen of a Boeing 737 MAX 8, reportedly injuring the pilot A United Airlines Boeing 737 MAX...
An unidentified object broke the windscreen of a Boeing 737 MAX 8, reportedly injuring the pilot ...
Washington reportedly believes the potential move bears too many risks for market stability The US will not join the EU-spearheaded...
SHARJAH, 20th October, 2025 (WAM) -- Invest Bank announced that it has obtained an Islamic banking window licence from the Central...
DUBAI, 20th October, 2025 (WAM) -- Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), welcomed a...
Hong Kong, October 20 (ANI): Emirates on Monday said that the EK 9788 plane, which sustained damage on landing in Hong Kong, was a...
ANTANANARIVO, Madagascar: Madagascar's President Andry Rajoelina said late on October 13 that he fled the country to protect his life...
(Photo credit: Christopher Hanewinckel-Imagn Images) Before NASCAR, 23XI Racing and Front Row Motorsports go to trial to adjudicate...
The Telegram co-founder said he would donate the artifacts to a museum in Abu Dhabi Telegram co-founder Pavel Durov has offered to...
Washington DC [US], October 21 (ANI): A day after Israel claimed that Hamas had violated the ceasefire agreement in Gaza, US President...
Washington DC [US], October 20 (ANI): US President Donald Trump, Israeli Prime Minister Benjamin Netanyahu and other world leaders...
The Middle East cannot be stabilized by money alone President Donald Trump embodies American political culture in its purest, most...
