At issue is that both Jordan's 23XI and Front Row Motorsports refused to sign a take-it-or-leave-it charter agreement presented by NASCAR in September, just 48 hours before the playoffs began.

Pro basketball legend Michael Jordan and other stock-car team owners that sued Nascar for a greater share of racing revenues failed to persuade a U.S. judge to force the racing league to guarantee their drivers key slots in the upcoming 2025 season.

Ahead of this weekend’s title race in Phoenix, Michael Jordan’s lawsuit alleging anticompetitive behavior in Nascar is ongoing.

NASCAR president Steve Phelps addressed the ongoing situation with 23XI Racing, co-owned by Michael Jordan and Denny Hamlin, during a media update.

The six-time NBA champ will try Sunday to win his first title as NASCAR team owner. Tyler Reddick's No. 45 crew is glad he's on their side.

NBA legend Michael Jordan and fellow team owners are challenging NASCAR in federal court over its restrictive charter system, which they argue limits team independence and competition.

A federal judge has denied a motion by two NASCAR teams — one owned by NBA Hall of Famer Michael Jordan — to be recognized as chartered teams as they proceed in an antitrust lawsuit against the stock

A federal judge has denied a motion by two NASCAR teams -- one owned by Michael Jordan -- to be recognized as chartered teams as they proceed in an antitrust lawsuit against the stock car series and chairman Jim France.