**Breaking News: Michael Jordan Announces Resignation from NASCAR Ownership Role**
In a shocking development, basketball legend Michael Jordan has announced his resignation from his role as co-owner of the NASCAR team 23XI Racing. The announcement, made this morning, sent ripples throughout the racing and sports world, as Jordan had been a highly influential figure in the sport since his involvement began in 2020.
Jordan cited “personal reasons” for his decision, but sources close to the legendary athlete revealed that the decision stems from a combination of factors, including increasing demands on his time and energy due to his expanding business ventures and family commitments. “After careful consideration, I’ve decided it’s time for me to step down from the day-to-day operations of 23XI Racing,” Jordan said in a statement released this morning. “This was a difficult decision, but it’s the right one for my family and my future goals.”
While Jordan’s ownership had marked a historic moment in NASCAR—being the first African American majority owner of a team in the sport’s history—he has been increasingly focused on his broader portfolio, which includes investments in various sectors, including his Nike brand, the Charlotte Hornets, and several philanthropic endeavors.
The resignation has sparked a wave of speculation about the future of 23XI Racing, which has made significant strides under Jordan’s leadership, including the success of drivers like Bubba Wallace. NASCAR insiders suggest the team will continue to operate without Jordan at the helm, with his co-owner, Denny Hamlin, expected to take on a more prominent role.
Jordan’s departure from NASCAR marks the end of an era for the sport, but his influence on its trajectory is expected to remain, as he continues to make an impact on the world of sports, business, and beyond.
