NASCAR reaches settlement with 23XI, Front Row Motorsports
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The background noise of legal battles finally quieted down today, and for Bubba Wallace, it was music to his ears. In a sport where speed and split-second decisions define careers, the slow, grinding pace of a federal courthouse can feel like a lifetime.
Bubba Wallace shares 2-word feelings on NASCAR's lawsuit settlement with Michael Jordan's 23XI Racing originally appeared on The Sporting News. Add The Sporting News as a Preferred Source by clicking here. Bubba Wallace has chimed in.
The way NASCAR had long done business had become obsolete, but the antitrust suit brought by Michael Jordan and settled on Thursday, changes that.
Richard Childress took the stand Tuesday in Day 7 of the 23XI Racing and Front Row Motorsports versus NASCAR antitrust lawsuit trial. While being questioned by NASCAR on cross-examination, a notable news item was revealed.
The final witness for 23XI and FRM is the 81-year-old France, a soft-spoken introvert and a man of few words. NASCAR recently had a valuation of $5 billion, and France’s family trust owns 54 percent of the league (his niece, Lesa, has a family trust that owns 46 percent).
NASCAR chairman and CEO Jim France was called as the final witness for the plaintiffs, 23XI Racing and Front Row Motorsports, in the antitrust lawsuit the teams filed against France and the sport he owns and operates.
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Dale Earnhardt Jr. reacts to racetrack ownership narrative in NASCAR lawsuit: 'Careful what you wish for'
Dale Earnhardt Jr., just like the rest of the NASCAR community, is keeping a close eye on the 23XI Racing and Front Row Motorsports versus NASCAR antitrust lawsuit trial. Through now eight days of court,