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Associated Press

Michael Jordan and fellow team owners vs. NASCAR in less than 60 seconds ๐Ÿ’•

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Michael Jordan retired NBA Legend and his fellow team owners are taking on NASCAR in federal court why they believe NASCAR’s business model is limiting competition Jordan’s 2311 racing alongside front row Motorsports owned by entrepreneur Bob Jenkins bought a lawsuit against NASCAR and its chairman Jim France so what’s the issue NASCAR’s Charter system a franchise likee model with Revenue sharing in September NASCAR presented teams with a take it or leave it deal but both 2311 and front row refused to sign they argue that this Charter system restricts teams limiting their independence and forcing them into exclusive Partnerships with NASCAR approved tracks and suppliers the teams have top Anti-Trust lawyer Jeffrey Keesler fighting for them they’re seeking a temporary injunction to compete freely while their lawsuit moves forward pushing back against what they call monopolistic bullying by NASCAR the judge expects a ruling Friday the same day cars hit the track for NASCAR’s Championship weekend

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