In a significant development within NASCAR, 23XI Racing, co-owned by Michael Jordan and Denny Hamlin, has been granted approval to acquire a charter from Stewart-Haas Racing (SHR) for the 2025 season. This decision follows a legal battle in which 23XI Racing and Front Row Motorsports filed an antitrust lawsuit against NASCAR, alleging monopolistic practices and seeking fairer revenue-sharing terms.
U.S. District Judge Kenneth D. Bell issued a preliminary injunction allowing both teams to proceed with their charter acquisitions, ensuring their participation as chartered entries in the upcoming season. NASCAR’s subsequent motion for a partial stay of this injunction was denied, compelling the organization to approve the charter transfers.
The acquisition of the SHR charter enables 23XI Racing to expand its operations, introducing a third car—the No. 35 Toyota—driven by Riley Herbst. This expansion reflects the team’s growth and ambition within the sport.
While NASCAR has expressed concerns over the court’s decision and indicated plans to appeal, the current ruling stands, allowing 23XI Racing and Front Row Motorsports to compete as chartered teams in 2025. This development marks a pivotal moment in the ongoing discussions about NASCAR’s governance and the equitable distribution of revenue among teams.
