23XI Racing, owned by Denny Hamlin and Michael Jordan, is entangled in a legal battle against NASCAR, accusing the organization of monopolistic practices. The crux of the issue stems from the new charter agreement proposed by the body, which most teams signed except for 23XI Racing and Front Row Motorsports. This development has prompted NASCAR analyst Larry McReynolds to admit growing concerns about the outcome of this legal gamble.
“Honestly, at the end of the day, I’m starting to get concerned about the whole Front Row and the 23XI deal. Based on what little I know, based on what I hear and what people explain, it just does not sound like it’s going in their favor,” McReynolds commented on SiriusXM’s On-Track show.
23XI Racing’s lawsuit highlights perceived antitrust violations after the team refused to sign the new charter agreement, which NASCAR introduced for the 2025 season.
The charter system itself, established in 2016, has been controversial, offering teams guaranteed spots …