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Michael Jordan's 23XI Racing and Front Row Motorsports came to an agreement in their lawsuit against NASCAR on Dec. 11

Jordan told reporters he is "very proud of" the progress the trial made, adding that he thinks NASCAR CEO Jim France "feels the same"

The terms of the settlement have not been made available yet as of Thursday afternoon

NBA legend Michael Jordan and star race car driver Denny Hamlin are celebrating after settling their lawsuit with NASCAR.

The eight-day trial, in which Jordan and Hamlin's 23XI Racing, along with Front Row Motorsports, accused NASCAR of being " monopolistic bullies ," alleging its revenue sharing model is unfair to race teams, concluded on Thursday, Dec. 11, according to The Athletic .

Jeffrey Kessler, the attorney for the two tea

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