(The Center Square) – Permanent charters, akin to franchises in other major professional sports leagues, are being granted in settlement of a federal antitrust lawsuit between NASCAR and two racing teams.

The teams suing included one partly owned by basketball Hall of Fame Michael Jordan.

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In the lawsuit, the racing teams called NASCAR and the France family “monopolistic bullies” that forced racing teams to accept, under duress, a revenue-sharing agreement and a lack of permanent charters.

The financial terms of the

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