In October 2024, 23XI Racing, along with Front Row Motorsports, filed an antitrust lawsuit against NASCAR and its CEO, Jim France, alleging monopolistic practices and unfair revenue-sharing models that disadvantage racing teams.
The lawsuit contends that NASCAR’s current charter system and revenue distribution hinder teams’ profitability and competitive opportunities. In response, NASCAR filed motions to dismiss the lawsuit, which were denied by a federal judge on January 10, 2025.
The legal proceedings are ongoing, and both parties continue to present their arguments. For the most accurate and up-to-date information, it’s advisable to monitor official statements from NASCAR, 23XI Racing, and reputable news outlets.
Leave a Reply