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NASCAR settled its antitrust lawsuit Thursday, agreeing to grant 23XI Racing and Front Row Motorsports permanent “evergreen” charters for all teams.

The settlement resolves a legal battle where Michael Jordan’s team accused NASCAR of monopolistic practices blocking competition in the sport.

The antitrust lawsuit against NASCAR by two of its racing teams — including one co-owned by NBA legend Michael Jordan — was settled Thursday, with the motorsports behemoth agreeing to grant all of its teams the permanent charters they had been seeking.

The lawsuit was filed Oct. 2, 2024, in the Western District of North Carolina by 23XI Racing — which is owned by Jordan, three-time Daytona

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