The NBA legend Tells Court He ‘Wasn’t Afraid’ of the Racing Body in Antitrust Trial
The basketball icon, introducing himself formally in a federal courtroom on Friday, stated that his drive to win and status as a newcomer motivated his push for 23XI Racing to confront Nascar over perceived violations of competition laws.
Team Investment and a Will to Win
Jordan shared operational insights of his racing venture, revealing he put in $40m of his personal wealth into the Cup Series operation co-founded with partner Polk and driver Hamlin.
“It fell to someone to act,” Jordan said in the Charlotte courtroom. “As a newcomer, I had no fear. I believed I could take on Nascar as a whole. From my perspective, the sport required examination through a new lens.”
Central Issue: Franchise System and Renewal Demands
The heart of the case involves the end of a 2016 deal where Nascar granted each team a franchise. The concept is similar to other professional sports with separately owned franchises, like the Charlotte Hornets or the Carolina Panthers. The agreement was due to end in 2024 when Nascar demanded charter membership renewals.
Jordan was on the witness stand for about sixty minutes and left the court to a media frenzy, with onlookers and reporters vying for a glimpse or a photo of the global icon.
Leading the Legal Charge
Jordan’s 23XI is leading the full-court press along with Front Row Motorsports for Nascar to change a business model Jordan said is unlawful to maintain excessive control.
At issue for Jordan and a fellow team representative, who testified before Jordan, are details from September 2024. Gibbs described a frantic and emotional six hours where the sanctioning body informed teams they must sign a contract extension. This agreement consists of 112 pages outlining team compensation and a guaranteed entry in every race.
Choosing Litigation
Jordan said that his team and its ally concluded their only feasible option was to refuse a signature that extensive document and take the issue to court. All other teams signed the agreement.
Jordan and co-owner Denny Hamlin approached Nascar about potential amendments or extension options. Nascar refused to engage, according to his testimony.
The Bottom Line: Victory
But in the end, the resistance against what he saw as a financially unsustainable model was mostly about the usual bottom line for Jordan: Winning.
“Hamlin persuaded me adding a third car improved our chances to win,” he said, noting that he purchased another franchise last year for $28m despite the uncertainty. “So I dove in.”
Heather Gibbs’ Testimony
Gibbs described her request for permanent charters, which she said a formal letter to Nascar. She testified the timing of the signature deadline was problematic.
According to her, the team founder first tried to call and talk Nascar out of demanding signatures, but Nascar’s leader declined the request.
“Please don’t force this on us,” Heather Gibbs said was the message to Nascar’s leadership. She said France replied, “If I wake up and I have 20 charters, that’s what I have. If I have 30, that’s the number.”