Michael Jordan sued NASCAR over forced charter terms, calling them coercive and anti-competitive.

Michael Jordan testified in a federal antitrust trial, saying NASCAR’s refusal to make charter agreements permanent forced him to sue, calling the 2024 six-hour ultimatum to sign a 112-page extension coercive and likening it to a “gun to the head.” Co-owner of 23XI Racing, Jordan cited unfair revenue sharing, lack of long-term security, and an anti-suit clause as antitrust violations. He invested $35 million to $40 million, including buying a third charter for $28 million, to improve competitiveness. Heather Gibbs, Joe Gibbs Racing’s COO, testified about emotional and financial strain, describing a family legacy of 32 years in the sport and a crisis-like pressure to sign. Internal NASCAR communications revealed frustration among executives over stalled negotiations and resistance from the France family. The lawsuit, joined by Front Row Motorsports, challenges NASCAR’s control over charters as monopolistic. The trial continues.