NASCAR Antitrust Lawsuit Targets Jordan's Manager Amid Revenue Sharing Dispute
NASCAR Antitrust Lawsuit Targets Jordan's Manager Amid Revenue Sharing Dispute

NASCAR Antitrust Lawsuit Targets Jordan's Manager Amid Revenue Sharing Dispute

News summary

Michael Jordan's 23XI Racing team is embroiled in a contentious legal dispute with NASCAR, which began when they filed an antitrust lawsuit accusing the organization of unfair revenue practices. The situation escalated with NASCAR's countersuit targeting Jordan's business partner, Curtis Polk, accusing him of attempting to create an 'illegal cartel' and threatening a boycott of the Daytona 500. Jordan has publicly defended Polk, emphasizing their long-standing partnership and stating that any attack on Polk is perceived as a personal affront. The legal battle has significant implications for both sides, potentially altering the revenue-sharing structure within NASCAR. As the case progresses towards a December trial, both parties are entrenched in their positions, with NASCAR dismissing Polk's expertise and Jordan's camp asserting their unity. This lawsuit reflects deeper issues within NASCAR's charter system, which has been criticized for limiting teams' financial opportunities.

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