NASCAR sues Michael Jordan and claims his race team is part of an 'illegal cartel'
NASCAR sues Michael Jordan and claims his race team is part of an 'illegal cartel'
NASCAR has hit back at Michael Jordan's race team and claimed they are part of an 'illegal cartel' in a stunning countersuit over its revenue-sharing charter system. Jordan's 23XI Racing and another team, Front Row Motorsports, filed a joint antitrust lawsuit against the stock car series back in October after alleging that the new charter system - NASCAR's equivalent of a franchise model that assures charter holders certain financial guarantees and a place in all 36 Cup Series races - limits competition by unfairly binding teams to the series, its tracks and its suppliers.
Read More >> Full Article on Source: ViDi MAG
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