Nascar filed a complaint against the first Motorsports row and Michael Jordan’s 23XI race against the refusal of the teams to sign the 2025 charter agreement.
FRM and 23X had already continued Nascar on the agreement, which, according to him, was anti -competitive and monopolistic. In the counter-communion of Nascar, The names of a 23X -SEW SANCTION COLLECTIONS and long -standing partner of Jordan Curtis Polk as a defendant and said The two teams “agreed to put pressure on NASCAR to accept their collusive terms, in particular by engaging in media campaigns, by interfering with the negotiations of NASCAR dissemination agreements, threatening boycotts of NASCAR events and engaging in a boycott group of a meeting of the owner of the NASCAR team”.
In September, Nascar gave his teams to sign a revised agreement offer with the potential threat of the teams losing their charters if they do not sign it. Each team outside of FRM and 23X signed the agreement.
The Charter system guarantees teams the entries in each race in the NASCAR CUP series and a larger share of the scholarship than the race teams that work without a charter. The charters can be and have been sold on the free market when a firm or reduced team. Before the charter agreement, a closure of the NASCAR team had no value to transmit other than its buildings and its racing games.
The previous charter agreement expired at the end of the 2024 season and the teams had asked Nascar a bigger share of television income before the Nascar’s current television agreement that started this season. Tracks – many of which belong to NASCAR – obtain a large part of television and NASCAR income also obtains a reduction. With the number of viewers far from what they were in the 2000s, long -standing sponsors who have left sport in the last decade and the costs to exploit a team of the series of cuts up each year, the teams argued that they needed a larger share of media money to help them stay in solvent.
By not signing the charter agreement, FRM and 23X had lost their rights to operate as equipped teams in 2025. However, they asked and asked and asked for and asked for and asked for and asked for and asked has received an injunction allowing them to continue as approved teams this season while their dispute continues.
NASCAR negotiations with the teams during the 2024 season clearly indicated that the sanction organization said it had the whole leverage. And this is a Nascar lawyer confirmed on Wednesday in a call with journalists.
Yates says that the charter system “offers few advantages to Nascar itself”. He says that the action of 23xi and front Row “endangers the continuation of the charter system. … This questions if the charter system can continue”.
– Jeff Gluck (@jeff_gluck) March 5, 2025
Nascar owners, the France family, have long been working with an iron fist. Bill France SR. prevented drivers from unionizing decades ago and, unlike other sports leagues in the United States, there is no collective association of competitors.
The current president of Nascar is Jim France, 80, the son of France Sr. and brother of Bill France Jr. The young Bill France took control of Nascar to his father before Brian France, the son of Bill France Jr., was the president until his arrest in 2018.
