In a dramatic turn of events, 23XI Racing has issued a statement that has sent shockwaves through the NASCAR community. The team, co-owned by NBA legend Michael Jordan and driver Denny Hamlin, has been embroiled in a legal battle with NASCAR over its charter system, which guarantees race entries and financial incentives to select teams. The controversy intensified when NASCAR withdrew charter offers to 23XI Racing and Front Row Motorsports, leading the teams to file an antitrust lawsuit alleging monopolistic practices by NASCAR (Newsweek).

The situation escalated further when a U.S. District Court judge initially ruled in favor of 23XI Racing and Front Row Motorsports, granting them preliminary injunctions to compete as chartered teams during the 2025 season. However, this decision was overturned by the Fourth Circuit Court of Appeals, which ruled that the teams had not sufficiently proven their likelihood of success on the antitrust claims (Reuters).

In response to these developments, 23XI Racing released a statement expressing their disappointment with the legal proceedings and reaffirming their commitment to fair competition within NASCAR. The statement emphasized the team’s belief in the importance of a level playing field and the need for reforms in the sport’s governance. While the specifics of the statement have not been disclosed, sources suggest that it reflects the team’s frustration with the ongoing legal challenges and their determination to continue advocating for changes in NASCAR’s operations.

The legal battle between 23XI Racing and NASCAR is set to continue, with a trial scheduled for December 1, 2025. The outcome of this case could have significant implications for the future of NASCAR’s charter system and the broader landscape of the sport. As the situation develops, all eyes will be on the courtroom to see how this high-stakes dispute unfolds.