NASCAR Tears Apart Michael Jordan’s 900% Fantasy in Court at Denny Hamlin’s Expense NASCAR challenges 23XI’s $205M claim in court, grilling Denny Hamlin over a “900% ROI” demand as the antitrust battl

For months now, 23XI Racing, co-owned by Michael Jordan and Denny Hamlin, and Front Row Motorsports have accused NASCAR of running a system stacked against smaller or mid-tier teams, one that treats chartered teams like guaranteed franchises and “open” or non-chartered teams like expendable math problems.

The two clubs refused to sign NASCAR’s 2025 charter agreement and, in October 2024, filed an antitrust lawsuit in federal court alleging that NASCAR’s rules and structure amount to a monopoly, hurting competition and profitability.

Opening arguments began December 1, 2025, in Charlotte, and that’s when Hamlin — 23XI’s frontman on the stand — delivered a stark assessment: running a Cup car for an entire season costs about $20 million just to compete, excluding overhead and driver pay.